PG&E Scrambles To Renegotiate Wildfire DealGov. Gavin Newsom's opposition to Pacific Gas & Electric's restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution fairly quickly.
Gov. Newsom Rejects PG&E's Bankruptcy PlanGov. Gavin Newsom has rejected a $13.5 billion settlement that Pacific Gas and Electric struck just last week with thousands of people who lost homes, businesses and family members in a series of devastating fires that drove the nation's largest utility into bankruptcy.
PG&E's $13.5B Deal With Fire Victims Removes Huge ObstaclesPacific Gas and Electric will be able to avoid two legal obstacles that could have tripped up its efforts to bounce back from bankruptcy if California Gov. Gavin Newsom and a federal judge approve a $13.5 billion settlement with victims of catastrophic fires blamed on the utility's equipment.
PG&E Says It Has Reached $13.5 Billion Wildfire SettlementPacific Gas and Electric says it has reached a $13.5 billion settlement that will resolve all major claims related to devastating wildfires blamed on its outdated equipment and negligence.
PG&E Shareholders, Bondholders Battle Over Future of Beleaguered UtilityA multi-billion-dollar liability due to devastating wildfires plunged utility giant Pacific Gas and Electric into bankruptcy.
Placer County Officials Suspend Generator Permit Fees To Ease Burden Of Power ShutoffsThe Placer County Board of Supervisors listened to residents and approved a measure to suspend permit fees for the connection of portable and permanent generators.
PG&E Urges Judge To Approve Key Settlement, Faces ResistancePacific Gas & Electric on Wednesday urged a federal bankruptcy judge to approve a key insurance settlement as it struggles to regain its financial footing and cover at least $20 billion in losses stemming from catastrophic wildfires in California tied to its equipment.
Report: PG&E's Failure To Maintain Transmission Tower Helped Lead To The Deadly Camp FireInspections and maintenance of a California utility's transmission-line towers were inadequate for years, and that helped lead to an equipment failure that ignited the state's deadliest wildfire, state investigators say in a recent report.
Technology To Keep Lights On Could Help Prevent WildfiresThe tool, which is being tested by PG&E, detects variations in electrical currents caused by deteriorating conditions or equipment and notifies utility operators so they can send a crew to fix the problems, the developer said.
PG&E Says Blackouts Limited Fires Despite 1 Likely FailureThe nation’s largest utility said Friday that its distribution lines have sparked no damaging wildfires since it began repeatedly shutting off power to hundreds of thousands of Northern California customers this fall.
PG&E: Power Restored To Essentially All Customers From Nov. 20 Power ShutoffSo far, crews have identified four instances of weather-related damage and/or hazards to powerlines.
PG&E Given 'All Clear,' Begins Restoring Power To Thousands In CaliforniaPacific Gas & Electric began restoring power Thursday to some of the 120,000 people it intentionally blacked out to ease the risk of catastrophic wildfires.
PG&E Public Safety Shutoffs Have Cost Placer County Nearly $300,000 So FarPlacer County has been keeping diligent records of its costs related to the PSPS.
El Dorado, Nevada, Placer, Sierra And Yuba Counties Spared In Latest Round Of Power ShutoffsA virtually rainless fall has left brush bone-dry and forecasts called for low humidity and winds gusting at times to 55 mph.
Snow Showers Forecast In Areas With PG&E Power ShutoffSnow was forecast to fall in high elevations along Highway 50 in El Dorado County.