Latest PG&E Corp News

California faces fraught path out of wildfire, power crisis

Nov. 14, 2019 1:18 PM EST

The utility that serves more than 5 million electrical customers in one of the world’s most technologically advanced areas is now faced again and again with a no-win decision: risk starting catastrophic deadly wildfires, or turn off the lights and immiserate millions of paying customers. Pacific Gas &...

California crisis of fires, blackouts decades in the making

Nov. 14, 2019 1:10 AM EST

The utility that serves more than 5 million electrical customers in one of the world’s most technologically advanced areas is now faced again and again with a no-win decision: risk starting catastrophic deadly wildfires, or turn off the lights and immiserate millions of paying customers. Pacific Gas &...

California regulators order inquiry into power outages

Nov. 13, 2019 10:37 PM EST

SAN FRANCISCO (AP) — California regulators opened a formal investigation Wednesday into preemptive power outages that blacked out large parts of the state in October, drawing strong rebukes from public officials and residents who said the shut-offs were too broad and poorly executed. The unanimous vote by...

Beer insulting California utility PG&E brews backlash

Nov. 13, 2019 5:13 PM EST

SANTA ROSA, Calif. (AP) — Anger over devastating California wildfires sparked by Pacific Gas & Electric power lines is coming to a head — in a beer. And an outcry is brewing. Steve Doty, owner of Shady Oak brewery in Santa Rosa, announced a new beer called “F--- PG&E,”...

The Latest: PG&E told to explain why it shouldn’t be fined

Nov. 13, 2019 4:24 PM EST

SAN FRANCISCO (AP) — The Latest on a state investigation into power shutdowns in California (all times local): 1:20 p.m. California’s top utility regulator is ordering Pacific Gas & Electric Co. to show why it should not be fined for violations related to its power shutdowns in October. The...

PG&E falls into deeper hole in 3Q with $1.6 billion loss

Nov. 7, 2019 4:43 PM EST

Pacific Gas & Electric reported another huge loss on Thursday as the fallout from catastrophic wildfires blamed on its outdated transmission lines drive the bankrupt utility into a deeper hole. The company estimated it's facing a bill of more than $6 billion this year alone to pay for devastating fires in...

The Latest: PG&E says power outage credits cost $65 million

Nov. 7, 2019 2:50 PM EST

SAN FRANCISCO (AP) — The Latest on Pacific Gas & Electric Co.'s quarterly earnings (all times local): 11 a.m. Pacific Gas & Electric is estimating it will cost the bankrupt utility $65 million to credit the 738,000 customers whose power was shut off last month to minimize the chances its outdated...

California utility meets with governor amid bankruptcy case

Nov. 5, 2019 5:25 PM EST

SACRAMENTO, Calif. (AP) — California's governor called the chief executive of a troubled utility to his office on Tuesday for a closed-door meeting as the company struggles to emerge from a high-profile bankruptcy while facing criticism for its practice of shutting off power for millions of people to...

Governor threatens possible PG&E takeover if no plan is made

Nov. 1, 2019 8:12 PM EDT

SACRAMENTO, Calif. (AP) — California's governor on Friday threatened a possible takeover of the troubled utility blamed for sparking deadly wildfires across the state with its outdated equipment unless it can emerge from bankruptcy ahead of next year's wildfire season with a plan focused on safety. Gov....

Dying winds bring relief after weeks of California wildfires

Nov. 1, 2019 12:48 AM EDT

WINDSOR, Calif. (AP) — Lynn Darst and her husband were camped out in their motor home on the edge of their seats for four days wondering if their house would survive yet another wildfire menacing Sonoma County. Flames had come close to their neighborhood of spacious homes surrounded by vineyards two years...