PG&E takeover – California Globe

PG&E Would Be Barred from Making Political Donations in New Bill

February 6, 2020 2:36 pmFebruary 7, 2020 8:54 am

On Wednesday, a new bill that would make campaign contributions from the utility company PG&E illegal was introduced in the Assembly in Sacramento. Assembly Bill 2079, authored by Assemblyman Kevin Kiley (R-Rocklin), would bar PG&E from donating to any state...

Gov. Newsom Doubles Down on State Takeover of PG&E, Says Utility ‘No Longer Exists’

February 4, 2020 2:17 pmFebruary 6, 2020 7:23 am

“Exactly one year after PG&E Corp. filed for bankruptcy, Gov. Gavin Newsom said PG&E ‘no longer exists’ and doubled down on a state takeover if the utility doesn’t shape up by June 30,” the San Francisco Chronicle reported. The California...

PG&E Would Become a Public Utility Under Newly Introduced Bill

February 3, 2020 4:01 pmFebruary 6, 2020 7:24 am

California would take control of the bankrupt electrical provider PG&E under a new bill introduced in the Senate on Monday. Under the bill, introduced by Senator Scott Wiener (D-San Francisco), current shareholders of PG&E would be forced by California to...

After Another Turmoltuous Year, PG&E Rates Are To Go Up in 2020

December 30, 2019 11:54 am

PG&E customers in California will see their average monthly bills go up between 1.5% and 2.7% beginning January 1st. The higher rates come after another difficult year for PG&E. Following the aftermath of the November 2018 Paradise wildfire, which killed...

Governor Newsom’s Approval No Longer Needed on PG&E Settlements

December 17, 2019 5:21 pmDecember 18, 2019 2:09 pm

PG&E removed a provision requiring the Governor to approve all settlements with wildfire victims on Monday. Meeting with wildfire victim representatives on Monday to come up with an agreeable settlement amount, both sides agreed to not allow the Governor to...

Mayor Liccardo Gains Support Over Plan to Make PG&E a Customer Owned Utility in San Jose

December 6, 2019 2:43 amDecember 7, 2019 9:13 am

Less than two months after San Jose Mayor Sam Liccardo first announced plans to make PG&E into a customer owned utility in San Jose, it was announced that 114 elected officials in and around San Jose gave support to their...

Governor Newsom Meets PG&E Executives Face To Face Following State Takeover Threat

November 7, 2019 5:53 amNovember 7, 2019 6:09 am

After only four days following Governor Gavin Newsom’s threat to take over PG&E utilities, PG&E CEO Bill Johnson came to Sacramento to discuss the growing issues of the company. Johnson, as well as Chief Financial Officer Jason Wells and Chair...