Pacific Gas & Electric has reached a $125 million settlement agreement with California regulators over the destructive Kincade fire, which was ignited in 2019 by the utility’s equipment in a remote area of Sonoma County. PG&E shareholders would pay a …
The nation’s largest utility has long vowed to change its reckless ways, but year after year there’s more death and destruction from Northern California wildfires sparked by Pacific Gas & Electric’s equipment. CEO Patricia “Patti” Poppe, who took over in …
Pacific Gas & Electric will pay $43.4 million to government agencies in three Northern California counties to cover bills left behind from wildfires ignited during the past two years by the beleaguered utility’s long-neglected power grid. The settlements announced Wednesday …
The Fire Victim Trust, established to pay California wildfire victims on July 1, 2020, has received 40,000 claims questionnaires representing more than 70,000 claimants and roughly 250,000 individual claims, according to the trustee. Justice John K. Trotter (Ret)., the trustee, …
California regulators are being asked to fine Pacific Gas & Electric nearly $166 million for failing to properly inform customers before it cut power to millions of people last year. The sweeping outages without proper notification were “a major public …
Electricity may be shut off to 50,000 Northern California utility customers this week to try to prevent power lines from sparking and igniting new wildfires during a predicted new round of gusty, hot and dry weather. Customers in parts of …
Pacific Gas & Electric has emerged from a contentious bankruptcy saga that began after its long-neglected electrical grid ignited wildfires in California that killed more than 100 people. The nation’s largest utility announced Wednesday it emerged from Chapter 11 bankruptcy …
Pacific Gas & Electric is expected to plead guilty to 84 felony counts of involuntary manslaughter during a court hearing in which the nation’s largest utility will be confronted with its history of neglect and greed that culminated in a …
California regulators are being advised to approve Pacific Gas & Electric’s plan to emerge from bankruptcy with new controls designed to prevent a recurrence of the utility’s past bad behavior that has resulted in deadly wildfires, infuriating blackouts and high …
Lawyers who negotiated a crucial $13.5 billion deal for the victims of deadly wildfires caused by Pacific Gas & Electric equipment are expressing serious doubts about whether the nation’s largest utility will be able to pay the full amount as …
