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...

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, ...

CA Governor Grandstanding On PG&E Takeover Threat

November 15, 2019 2:19 pmNovember 18, 2019 6:20 am

AB 1054 was about saving the utility investors and stopping downgrades, but not stopping fires. The California mega-utility Pacific Gas & Electric filed for Chapter 11 Bankruptcy reorganization January 29, 2019. So it’s curious how Governor Gavin Newsom continues...

PG&E To Become A Public Utility Under Proposed Legislation

November 12, 2019 3:21 pm

Under a newly planned bill being written by Senator Scott Wiener (D-San Francisco), PG&E would become a public utility through the state of California. PG&E has faced public scrutiny for years, but recently in the past year, numerous events have...

Rejected Senate Bill On Planned Blackout Protections Finds New Life After Northern California Power Shutdown

October 18, 2019 6:22 pm

Once fizzled out Senate Bill 378 has found new life this month after public outcry following the planned PG&E power outages last week. Authored by Senator Scott Wiener (D-San Francisco), SB 378 includes a provision where businesses, customers, and local...