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Five More Years of Oversight for PG&E, at Shareholder Expense
The California Public Utilities Commission unanimously voted to require Pacific Gas & Electric shareholders, not ratepayers, to pay $25 million...
PG&E Earnings Brighten but Wildfire Clouds the Future
Pacific Gas & Electric Corp’s second quarter earnings were far better than ones in 2020, rising to $397 million, or...
CPUC Pitches Independent State Monitor for PG&E
The California Public Utilities Commission plans to replace the outgoing federal monitor, who is keeping tabs on Pacific Gas &...
PG&E Sells Headquarters for $18M, Exec Compensation Soars
Pacific Gas & Electric announced May 24 it found a buyer for its long-time headquarters in downtown San Francisco. It...
Unprecedented PG&E Ratepayer Bond Gets Final Okay
The California Public Utilities Commission unanimously approved the financing order setting parameters for Pacific Gas & Electric’s unprecedented 30-year, $7.5...
PG&E Tells CPUC to Reject Challenges to $7.5B Bond Approval
Pacific Gas & Electric is defending the California Public Utilities Commission’s finding that it may proceed with its $7.5 billion...
Shaky Claims About PG&E Bond Rating Impact Raise Challenges
Pacific Gas & Electric argued repeatedly that it should be allowed to use bonds payable by customers to cover billions...
CPUC Increases Oversight of PG&E, Pulls Vote on Utility Safety Certification
Advocates for ratepayers and for local power, together with members of the public were incensed when state energy regulators at...
News Roundup: LA City Council Pressures SoCalGas to Close Playa del Rey Field
The Los Angeles City Council voted unanimously April 7 to close the Playa del Rey underground natural gas storage facility...
Sonoma County DA Charges PG&E with Five Felonies
The Sonoma County District Attorney filed criminal charges against Pacific Gas & Electric April 6, alleging it ignited the Oct....
Commission Proposal Okays PG&E $7.5B Ratepayer Bonds
The California Public Utilities Commission is on the verge of green lighting Pacific Gas & Electric’s plan to issue an...
PG&E Reports Loss in 2020, Smaller than 2019
Pacific Gas & Electric Corp. reported continued losses for last year, at $1.3 billion, or $1.05 per share. That is...
PG&E Touts Biggest Ratepayer Bond in U.S. History
Pacific Gas & Electric argues that its proposal before utility regulators to issue $7.5 billion in 30-year bonds to be...
PG&E’s $7.5B Ratepayer Bond Would Assume Shareholder Debt
Pacific Gas & Electric is seeking regulatory permission to shift $7.5 billion of its 2017 wildfire costs from shareholders to...
Edison’s Earnings Drop, PG&E’s Losses Less Grim
Two of California's three investor-owned utilities reported second quarter earnings this week. Edison International's earnings were not as rosy as...
PG&E Sparked Last Fall’s Kincaid Fire, CalFire Finds
Following an investigation, Cal-Fire concluded July 16 that Pacific Gas & Electric was responsible for starting the Kincaid Fire near...
Newsom Beefs Up Fire Fighting Budget, Adds Social Distancing Plan
As summer temperatures increase, Gov. Gavin Newsom announced the addition of 858 fire fighters in CaFire ranks and six new...
The Buzz
Before the start of the fireworks, Pacific Gas & Electric announced it funded most of the $6.75 billion cash payment...
PG&E Has $17B on Hand for Fire Victims & Cities
Updated July 2 Pacific Gas & Electric announced July 1 it funded much of the cash portion of its $13.5...
CA Budget Seeds PG&E Alternative
There is a clue in the new budget agreed to by lawmakers and the governor that they are serious about...