Pacific Gas & Electric News

PG&E Caps Best Day Since Going Bankrupt on a California Fire Fix

Utility giant PG&E Corp. capped its best day since going bankrupt in January thanks to California’s governor. Gavin Newsom called on lawmakers on Friday to find a way to help the state’s utilities cover the costs of devastating wildfires — …

Judge Orders PG&E to Hold Dividends to Pay for Efforts to Reduce Wildfire Risks

SAN FRANCISCO (Reuters) – A U.S. judge said on Tuesday that PG&E Corp cannot resume dividends and must use the money to reduce wildfire risk in California, stopping short of more costly measures he proposed earlier this year. The new …

PG&E Filings Show Key Power Line Safety Fix Delayed

Shares of PG&E Corp. fell about 3 percent after federal filings showed that the power utility had delayed a safety overhaul of a high-voltage transmission line, a prime suspect behind the deadliest wildfire in California history. The company filed for …

PG&E to Check Gas Pipeline Vulnerability

Pacific Gas & Electric is checking for leaks in 180 segments of its natural gas pipeline system which may be vulnerable to corrosion – including part of a California line where an explosion killed eight people in 2010. The utility …