PG&E News

‘Buffett Got it Wrong’ on California Fire Risk: PG&E CEO

Warren Buffett’s warning that wildfires have turned utilities across the western US into risky investments is mistaken — at least in California, according to the head of the state’s largest electricity provider. “Frankly, I think Buffett got it wrong in …

PG&E’s Plan to Bury Power Lines and Prevent California Wildfires Faces Opposition over Rates

Pacific Gas & Electric – one of the nation’s largest utilities whose equipment has sparked some of California`s deadliest wildfires – wants to bury power lines in some of its most at-risk areas to prevent destructive blazes like the 2018 …

Environmental Groups Urge Regulators to Shut Down California Reactor Over Safety Concerns

Environmental groups called on federal regulators to immediately shut down one of two reactors at California’s last nuclear power plant until tests can be conducted on critical machinery they believe could fail and cause a catastrophe. Friends of the Earth …

California Regulators Propose Higher Rates for PG&E Customers to Reduce Wildfire Risk

Power bills for about 16 million people in Northern California will likely increase after state regulators released two rate proposals for one of the nation`s largest utilities. The California Public Utilities Commission is finishing up its once-every-four- years review of …

Judge Dismisses Criminal Charges Against PG&E Energy in Fatal California Wildfire

A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by its equipment that destroyed hundreds of homes and killed four people, including an 8-year-old. The utility also reached a $50 …

Man Charged With Blowing up PG&E Transformers in California

A 36-year-old man has been charged with blowing up two Pacific Gas & Electric transformers, causing blasts that knocked out power to thousands of utility customers in the San Francisco Bay Area. Peter Karasev’s was arrested last week after investigators …

PG&E to Face Manslaughter Trial Over Deadly California Fire

Pacific Gas & Electric will face trial for manslaughter over its role in a 2020 wildfire in Northern California that killed four people, a judge ruled Wednesday. The judge in Shasta County ruled after a preliminary hearing that there was …

Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires

A new report shows California utilities have noticeably reduced their liability following catastrophic wildfires in the past that have been blamed on the utilities and have driven several massive lawsuits and financial challenges. The report out on Thursday from Moody’s …

US Starts Criminal Probe Into PG&E Role in California Wildfire

Federal officials have initiated a criminal investigation into PG&E Corp.’s potential role in starting California’s largest wildfire of the year. On Sept. 24, the US Forest Service removed one of the utility’s transmission poles from the site in Placer County …

PG&E Pleads Not Guilty in Deadly 2020 California Wildfire

Pacific Gas & Electric this week pleaded not guilty to involuntary manslaughter and other charges it faces after its equipment sparked a wildfire that killed four people and destroyed hundreds of homes in Northern California two years ago, prosecutors announced. …