The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly traded stock that is headquartered in the Pacific Gas & Electric Building in San Francisco, California, United States. PG&E provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield and to the north side of the County of Santa Barbara to near the Oregon State Line and Nevada and Arizona State Line, which represents 5.2 million households. PG&E is overseen by the California Public Utilities Commission. It is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019. It was founded by George H. Roe after California's Gold Rush and by 1984 was the United States' "largest electric utility business". PG&E is one of four regulated, investor-owned utilities (IOUs) in California; the other three are PacifiCorp's Pacific Power, Southern California Edison and Sempra Energy's San Diego Gas & Electric.
Santa Ana winds are picking up in Southern California, raising new concerns of wildfires. On Saturday, utility companies again warned of mass power shutoffs. The blackouts are designed to prevent fires.. CBS News - Published
California's largest utility, PG&E, announced Saturday it will shut off power to 940,000 homes and businesses in 36 counties in an effort to prevent more wildfires from sparking. Two major fires are.. CBS News - Published
One Canyon Country resident describes the feeling of knowing her mother's ashes are being consumed by the Tick wildfire. She's one of thousands of residents across California who are losing their homes..
A brush fire ignited in the San Bruno mountain ridge just south of San Francisco, threatening transmission lines in an area already affected by planned power outages aimed at reducting wildfires risks...
California Governor Gavin Newsom said he will convene a meeting of Pacific Gas and Electric Co executives, shareholders, wildfire victims, and PG&E's other creditors in Sacramento next week to speed up.. Reuters - Published
The largest power provider in the country, California's Pacific Gas and Electric, is under intense scrutiny for its part in numerous fires. Last year's devastating Paradise Fire was blamed on the.. CBS News - Published
Elderly and disabled residents at a low-income apartment complex for seniors say they were left to fend for themselves for two days when PG&E cut power to vast swathes of Northern California to prevent.. USATODAY.com - Published
Crews battling the Kincade Fire in Northern California wine country fear more heavy wind could bring new life to the massive wildfire. It has burned an area more than twice the size of San Francisco.. CBS News - Published
California's largest utility PG&E now says two fires that broke out Sunday less than 20 miles northeast of San Francisco may have been caused by its own electrical malfunctions. Also, a decorated army.. CBS News - Published
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California. Reuters - Published
Shares of California power utilities tumbled on Friday, with already bankrupt PG&E Corp losing a quarter of its value, on concerns their equipment may have set off fast-moving wildfires across the.. Reuters - Published
A wind-driven wildfire that forced some 2,000 people to flee homes in Northern California's wine country on Thursday erupted near the base of a damaged high-voltage transmission tower owned by Pacific.. Reuters - Published
More than half a million homes and businesses in California could lose power this week as utilities including Pacific Gas & Electric and Southern California Edison cut off electricity as a preventive.. Reuters - Published
Thousands of homes and businesses in California were in the dark on Wednesday as Pacific Gas & Electric turned off power in parts of 15 counties as a preventive measure against wildfires. Reuters - Published
An unprecedented safety shutoff has cut power to nearly a million people in California. Pacific Gas and Electric says it is trying to prevent wildfires. Jonathan Vigliotti reports. CBS News - Published
At least half a dozen wildfires are burning across California. Forecasters say high winds and low humidity are increasing the risk. Those conditions prompted the state's largest power utility, PG&E, to.. CBS News - Published
People in more than 180,000 homes and businesses in California could find themselves in the dark as Pacific Gas & Electric again plans to shut off power in parts of 17 counties for up to two days, as a.. Reuters - Published
San Jose, California's third-biggest city, is proposing to convert PG&E Corp into the country's largest customer-owned utility, the Wall Street Journal reported on Monday, citing the city's mayor. Reuters - Published
PG&E Corp said it was considering more power cutoffs, which would be much smaller than the recent outage, as the bankrupt California power producer warned about severe weather risks later this week. Reuters - Published
Northern Californians can expect widespread power cuts aimed at preventing wildfires for a decade while Pacific Gas & Electric upgrades wires systems, cuts back trees and takes other safety measures,.. Reuters - Published
Appearing before an emergency meeting of the California Public Utilities Commission, Pacific Gas and Electric executives defended their decision to shut off power earlier this month to two million.. USATODAY.com - Published