California Public Utilities Commission News

PG&E Won’t Make Victims of Deadly Fire Pay Its Criminal Fine

PG&E Corp. won’t tap a fund for wildfire victims to pay $4 million in fines and expenses for involuntary manslaughter, avoiding a possible hurdle to its exit from bankruptcy. Insurers with claims against PG&E in bankruptcy agreed to wait 15 …

PG&E Faces Record Fine of $2.1 Billion for Role in Wildfires

California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018. The penalty would be the largest ever imposed by the California Public Utilities …

PG&E Surges on Plan for Board Overhaul in Bankruptcy Exit

PG&E Corp. shares jumped after the company outlined plans to overhaul its board of directors, bring in safety experts and create regional operating units in a broad reorganization proposal aimed at winning state approval for its bankruptcy exit. PG&E detailed …

PG&E Could Have Prevented Deadly California Fire, State Says

Bankrupt utility giant PG&E Corp. for years failed to properly inspect and maintain its transmission system — an oversight that led a live wire to fall and ignite the deadliest blaze in California history last year, state investigators said. A …

Edison Once Again Seeks to Limit Liability From California Fires

Edison International once again will try to sway a California state court judge to rule that it can’t be held liable for all the damage to private property caused by a wildfire, if it isn’t allowed to pass on some …

California Wine Country Fire Began Near Damaged PG&E Tower, 2,000 Flee

GEYSERVILLE, Calif. — A wind-driven wildfire that forced some 2,000 people to flee homes in Northern California’s wine country on Thursday erupted near the base of a damaged high-voltage transmission tower owned by Pacific Gas and Electric Co, utility and …

PG&E Tumbles on Risk of Up to $18 Billion in Fire-Lawsuit Costs

PG&E Corp. shares plunged Monday after a judge ruled that a jury can determine whether it should pay as much as $18 billion in damages to wildfire victims. The California utility giant fell as much 28%, to $10.22, at 9:35 …

PG&E Says It Will File Reorganization Plan in Less Than a Month

PG&E Corp. says it expects to file its plan for reorganization with the bankruptcy court by Sept. 9 and sees emerging from Chapter 11 protection by May 1, according to a filing Monday. The bankrupt utility says in the filing …

California’s Fire ‘Bailout’ for PG&E, Edison Clears Hurdle

Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of increasingly catastrophic wildfires that their equipment keeps igniting. The state Senate passed a bill late Monday that would create a …

California Regulator Considers Penalty Against PG&E for 2017 Wildfires

California utilities regulator has opened a case to evaluate and consider penalties against power and gas utility PG&E Corp for its involvement in the fierce wildfires that killed 46 people in Northern California’s wine country in 2017. The proceeding will …