Electric Utility, Public Utilities
May 9, 2019
Via: Utility DivePG&E announced a sweeping overhaul of its leadership in early April, and now regulators want to make sure those brought on board match up with the NorthStar recommendations PG&E agreed to adopt. The commission will examine whether PG&E’s appointment of […]
Electric Utility, Public Utilities
April 17, 2019
Via: Greentech MediaAmid a flurry of energy, environmental, wildfire and Pacific Gas & Electric bankruptcy-related bills emerging for this year’s legislative session, California lawmakers are also grappling with a complicated, yet critical issue — how to secure the energy resources needed to […]
Electric Utility, Public Utilities
January 21, 2019
Via: Greentech MediaThe last time Pacific Gas & Electric declared bankruptcy, in 2001, its customers paid billions of dollars in higher rates while company creditors and shareholders lost little. In that case, PG&E’s losses were largely due to deregulation and marketplace manipulations […]
Electric Utility, Public Utilities
November 12, 2018
Via: CNBCShares of California utility companies plunged Monday as deadly wildfires scorched thousands of acres and continued to threaten life and property. Pacific Gas & Electric shares tumbled as much as 27 percent, and Edison International fell nearly 12 percent. Both […]