Latest Utilities News

PG&E: Judge's proposals for fire risk could cost up to $150B

Jan. 23, 2019 8:49 PM EST

SAN FRANCISCO (AP) — Proposals by a U.S. judge to prevent Pacific Gas & Electric Co. equipment from causing more wildfires would endanger lives, could cost as much as $150 billion and would interfere with the work of federal and state regulators, the utility said Wednesday in a court filing urging the...

US panel hears arguments in nuclear waste storage case

Jan. 23, 2019 6:19 PM EST

ALBUQUERQUE, N.M. (AP) — Environmentalists and nuclear watchdog groups raised dozens of objections Wednesday to an application filed by a New Jersey-based company seeking to build a multibillion-dollar facility in southeastern New Mexico to temporarily store spent nuclear fuel from commercial reactors...

The Latest: PG&E objects to judge's proposals on fire risk

Jan. 23, 2019 3:57 PM EST

SAN FRANCISCO (AP) — The Latest on proposals by a U.S. judge aimed at preventing Pacific Gas & Electric Co. equipment from causing any wildfires in 2019 (all times local): 12:45 p.m. Pacific Gas & Electric Co. says a judge's proposal to prevent the utility's equipment from causing any wildfires in...

Wind project partners with environmentalists on rare whales

Jan. 23, 2019 1:30 PM EST

BOSTON (AP) — The developer of an offshore wind energy project is partnering with environmental groups on a plan to try to protect the endangered North Atlantic right whale. The whale is one of the rarest marine mammals. It's thought to number only 411 individuals . The animals travel through New England...

PG&E expects capital spending of $6.6 billion in 2019

Jan. 23, 2019 10:09 AM EST

Pacific Gas & Electric Co. says it expects capital spending of $6.6 billion this year and about $6.9 billion in 2020. PG&E made the disclosure in a filing with regulators on Wednesday. That comes after the company said last week that it plans to file for Chapter 11 bankruptcy because it can't afford to...

Erin Brockovich urges California to stop PG&E bankruptcy

Jan. 22, 2019 8:35 PM EST

SACRAMENTO, Calif. (AP) — Consumer activist Erin Brockovich, who famously took on Pacific Gas & Electric Co. in the 1990s, urged California lawmakers Tuesday not to let the utility go bankrupt because it could mean less money for wildfire victims. "I'm mad, I think we should all be mad," Brockovich...

PG&E secures $5.5B in credit to operate during bankruptcy

Jan. 22, 2019 4:07 PM EST

NEW YORK (AP) — The nation's largest utility has lined up $5.5 billion in credit and loans so it can continue operating as it prepares for bankruptcy. Pacific Gas & Electric said in a regulatory filing Tuesday it secured commitments from JPMorgan Chase, Bank of America, Barclay's Bank and Citigroup...

El Paso Electric eyes new $143M generator, more solar power

Jan. 22, 2019 11:58 AM EST

EL PASO, Texas (AP) — El Paso Electric plans to add a $143 million power generator and introduce more solar power by 2023, the utility recently announced. The company said the planned power generator will be located at its Northeast El Paso power plant and comes after studies that showed the electric...

Virginia investor tries to curb Dominion's influence

Jan. 20, 2019 11:34 AM EST

CHARLOTTESVILLE, Va. (AP) — Rich people using their wealth to try to influence politics is nothing new, but not many launch multimillion-dollar crusades against their local electric company. That's just what Charlottesville investor and Democratic donor Michael Bills is doing in Virginia, where's he's...

Appeals court denies rehearing in Tennessee coal ash case

Jan. 17, 2019 7:02 PM EST

NASHVILLE, Tenn. (AP) — A federal appeals court won't rehear a case after a panel of its judges overturned an order that would've forced the nation's largest public utility to remove a Tennessee power plant's coal ash. The full 6th U.S. Circuit Court of Appeals on Thursday rejected environmental groups'...