Judge Approves $105M Fund For California Wildfire Survivors
Pacific Gas & Electric Corp. has received approval to establish a $105 million fund to help survivors of recent California wildfires started by the utility's power lines.
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Pacific Gas & Electric Corp. has received approval to establish a $105 million fund to help survivors of recent California wildfires started by the utility's power lines.
You could be at risk of losing power, even if you don't live in a high-fire-risk zone.
PG&E just had a $3.50/month rate increase approved in April. The utility is asking for another $22/month increase next, to cover wildfire safety.
Generally speaking, if a utility is found to be negligent, they can't pass that debt on to ratepayers.
Cal Fire investigators have made their official determination of what caused the destructive Camp Fire in Butte County.
California's three major utilities spent at least $1.3 million to lobby state government in the first three months of 2019, during which one filed for bankruptcy and Gov. Gavin Newsom called for rethinking the state's energy future.
PG&E's top financial executives said they still haven't determined when the utility can start compensating victims of recent wildfires started by the utility's equipment.
A federal judge has approved Pacific Gas & Electric Corp.'s plans to pay $235 million in employee bonuses this year.
A federal bankruptcy judge in San Francisco on Tuesday approved a plan by PG&E Co. to pay up to 10,000 employees $235 million in bonuses for their work in 2019.
Pacific Gas and Electric says it needs another rate hike to enhance wildfire safety and attract investors.
The future of wildfires in California was a big topic Friday as Governor Gavin Newsom laid out a plan to deal with fires.
A report Gov. Gavin Newsom's administration will release Friday aims to address a host of problems related to wildfires.
The next big wildfire could mean more than major destruction to the communities in its path. Its costs could be felt by homeowners hundreds of miles away.
A UC Berkley utility expert says PG&E rates could skyrocket if the utility causes any more devastating wildfires in the state.
The troubled California utility Pacific Gas & Electric Corp. named a new chief executive and board members Wednesday amid a bankruptcy proceeding.
Officials were struggling Wednesday to find ways for homeowners to afford insurance in fire-prone areas of California .
Gov. Gavin Newsom on Thursday publicly called on the troubled utility to change course.
The District Attorneys for Sonoma, Napa, Humboldt, and Lake Counties announced that no criminal charges will be filed against PG&E for the October 2017 Northern California wildfires.
Pacific Gas & Electric Corp. is seeking a judge's approval to pay $235 million in bonuses to thousands of employees despite the San Francisco-based utility's bankruptcy.
PG&E will not be allowed to raise customer rates before getting permission from the Legislature if a new bill gets signed into law.
PG&E announced they have canceled $130 million in bonus money to thousands of their employees Friday.
Thousands of people still without power more than a week since the last round of storms hit.
Between PG&E's Sierra and Stockton Divisions, nearly 20,000 homes are still without power.
Thousands of people are still in the dark Wednesday after losing power because of the recent storms.
The damages added to the utility giant's multi-billion dollar debt, prompting its second bankruptcy filing since 2001, and forcing a critical choice for the state.