PG&E – Page 10 – California Globe

Senate Passes Bill that Makes PG&E Accountable for Blackout Damages

January 29, 2020 8:07 pm

After failing twice last year and barely squeaking by a Senate Committee vote several weeks ago, Senate Bill 378 has finally passed a Senate vote this week after several late amendments made it more palatable to Senators in Sacramento. Updated...

Bill that Cracks Down on Planned Utility Blackouts Passes Senate Committee

January 16, 2020 4:11 pmJanuary 17, 2020 4:15 pm

The third time was the charm for the twice defeated planned blackout bill SB 378 as it passed the Senate Energy, Utilities, and Communications Committee after rejections in March and September of 2019. $250,000 per hour fines Under SB 378, ...

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...

PG&E Settlement Passes on Wildfire Costs Increases to Ratepayers

December 24, 2019 7:33 amDecember 24, 2019 8:56 am

Fifty years ago in 1969, more than 30 million people in theNortheast suffered one of the largest power outages in U.S. history. Everything went dark. The blackout lasted 13 hours for many. The blackout spread from New York to Massachusetts,...

Bankruptcy Court Approves $24.5 Billion in PG&E Settlements

December 18, 2019 2:07 pmDecember 19, 2019 8:06 am

Two PG&E settlement deals worth a combined $24.5 billion to compensate wildfire victims and insurance companies was approved by a U.S. bankruptcy judge on Tuesday. After a long 5 hour hearing in San Francisco, Bankruptcy Judge Dennis Montali first approved...

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...

Gov. Gavin Newsom Rejects PG&E Settlement Offer Opening the Door to Bondholders

December 14, 2019 8:38 amDecember 16, 2019 6:43 am

California Gov. Gavin Newsom announced Friday he is rejecting a $13.5 billion settlement that Pacific Gas & Electric made just last week with wildfires victims from 2017 and 2018. Thousands of people lost homes and businesses in the Camp Fire,...