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Pacific Gas and Electric Company

American utility company

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Pacific Gas and Electric Company: American utility company
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly-traded stock. The company 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.

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PG&E Announces Deal to Exit Bankruptcy, but Governor Balks

Even before the California utility said it had an accord with bondholders, Gov. Gavin Newsom declared that the plan didn’t meet the public interest.
NYTimes.com - Published

Why Do People Become Homeless?

Wednesday: People who have experienced homelessness share their stories. Also: A PG&E update and the San Francisco 49ers.
NYTimes.com - Published

Videos for Pacific Gas and Electric Company


Judge approves a $13.5 billion payment from PG&E to victims of California wildfires [Video]Judge approves a $13.5 billion payment from PG&E to victims of California wildfires

Power lines from utility company ignited multiple deadly fires over recent years

Credit: Reuters Studio     Duration: 00:58Published

Wall Street falls as trade hopes wane [Video]Wall Street falls as trade hopes wane

U.S. stocks sold off for a third consecutive session Tuesday after comments from President Donald Trump and Commerce Secretary Wilbur Ross threw cold water on hopes of a possible near-term respite from..

Credit: Reuters Studio     Duration: 01:09Published

 

Claims by PG&E Wildfire Victims Reach 80,000

The number of individuals seeking compensation from the utility more than doubled in just over two months.
NYTimes.com - Published

PG&E creditors offer California wildfire victims $13.5 billion in cash upfront

PG&E Corp's creditors have sweetened their offer to California wildfire victims, saying they are now prepared to pay $13.5 billion in cash upfront, according to a letter sent on Friday to state..
Reuters - Published

ICE inks contracts worth billions for private immigration centers

The move happens just ahead of a state law that goes into effect Jan. 1 that phases such arrangements out of existence. Meanwhile, PG&E's power shutoffs were bad, but maybe they were even worse than we..
USATODAY.com - Published

A Conversation With Tom Steyer

Wednesday: The billionaire is set to be the only Californian on the Democratic debate stage this week. Also: A PG&E deal, and See’s Candies.
NYTimes.com - Published

U.S. judge approves PG&E deal with California wildfire victims; stock jumps

A U.S. bankruptcy judge approved on Tuesday PG&E Corp's $13.5 billion settlement with victims of Californian wildfires, and the company's stock rallied as the utility gained momentum to emerge from..
Reuters - Published

After Deal With Fire Victims, PG&E Bankruptcy Still Far From Settled

The utility faces objections from the governor of California and hedge funds vying for control of the company.
NYTimes.com - Published

PG&E, fire victims waive deadline for governor's OK of reorganization plan

California wildfire victims and utility PG&E Corp have agreed to waive a Tuesday deadline for securing approval from the state's governor for the power company's reorganization plan that contains a..
Reuters - Published

California Governor Rejects PG&E’s Restructuring Plan

Gov. Gavin Newsom’s opposition is the latest hurdle for the utility, which is seeking to resolve a complex bankruptcy and take part in a state wildfire fund.
NYTimes.com - Published Also reported by •Reuters

California governor to decide on PG&E bankruptcy plan

California Governor Gavin Newsom was expected to decide late on Friday whether a bankruptcy reorganization plan submitted by PG&E Corp , the state's largest investor-owned utility company, complies..
Reuters - Published

What’s Ahead for PG&E?

Thursday: A look at the moving pieces in the utility’s bankruptcy. Also: Zoe Lofgren, and a historic marionette theater.
NYTimes.com - Published

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

PG&E Corp said https://www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the..
Reuters - Published

Combating Compassion Fatigue

Monday: An expert talks about the effects of seeing people living on the streets. Also: A major PG&E settlement, and Katie Hill speaks out.
NYTimes.com - Published

Bankrupt PG&E reaches $13.5 billion settlement with California wildfire victims

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the state's modern history.
Reuters - Published Also reported by •USATODAY.comNYTimes.com

PG&E says reached agreement with wildfire victims

Bankrupt California power producer PG&E Corp said on Friday it had reached an agreement to resolve individual claims relating to the 2017 and 2018 wildfires and the 2015 butte fire.
Reuters - Published

Kamala Harris Dropped Out. What’s Next?

Wednesday: California’s junior senator is out of the race. Also: More on PG&E’s role in causing the Camp fire.
NYTimes.com - Published

'Deeply sorry' PG&E takes blame for California's deadliest wildfire, seeks 'technologies' to limit future risks

A report by California regulators puts the blame for last year's deadly Camp Fire on PG&E, which says it's exploring innovative solutions.
USATODAY.com - Published

Report Detailing PG&E’s Failures Raises New Hurdles for Utility

A California commission’s findings in the state’s deadliest fire could make a path out of bankruptcy and probation much harder.
NYTimes.com - Published

PG&E failed to inspect transmission lines that caused deadly 2018 wildfire: state probe

Bankrupt California power producer PG&E Corp did not properly inspect and replace transmission lines before a faulty wire sparked a wildfire that killed more than 80 people in 2018, a probe by a state..
Reuters - Published

PG&E says its distribution lines caused no deadly fires in 2019

California utility PG&E Corp has determined there were no lives or structures lost in 2019 wildfires that may have been caused by its distribution lines, according to a Friday court filing.
Reuters - Published

Explainer: California faces decade of 'unique' wildfire blackouts

California utility PG&E Corp has imposed 10 intentional blackouts this year to reduce risks its power infrastructure could spark wildfires and said they will continue for a decade.
Reuters - Published

PG&E cuts power to 50,000 California homes and businesses during wildfire risk

About 50,000 homes and businesses across Northern California were without power on Wednesday during the latest planned outage instituted by utility Pacific Gas & Electric Co to guard against risk of..
Reuters - Published

A Closer Look at Fresno’s Hmong Community

Wednesday: A new report examines challenges facing Southeast Asians and Pacific Islanders. Also: PG&E struggles to find a way out of bankruptcy.
NYTimes.com - Published

Here they go again: New preventive outages set for parts of Calif.

Move follows several such mass blackouts last month by embattled PG&E during long stretch of extremely dry, hot weather conducive to wildfires
CBS News - Published

California's PG&E customers face new round of mass outages

Power supply to about 150,000 California homes and businesses is expected to be shut off on Wednesday, in the latest precautionary outage planned by utility giant PG&E against wildfire risks posed by..
Reuters - Published

PG&E Struggles to Find a Way Out of Bankruptcy

California’s largest utility needs to reach a settlement with victims of wildfires and other creditors while fending off calls for state takeover.
NYTimes.com - Published

Power outages, again? 750K people in Northern California could be left in the dark this week, PG&E warns

While Southern California preps for its first rain of the season, PG&E warned it may shut off power for 750,000 people in Northern California.
USATODAY.com - Published

Thousands could be impacted by PG&E's upcoming potential power cuts

About 180,000 customers in California could find themselves in the dark as Pacific Gas & Electric warned that an upcoming "strong offshore wind event" could prompt the bankrupt power producer to yet..
Reuters - Published

PG&E CEO claims blackouts could continue for 10 years, angering regulators

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

PG&E to shut power amid California wildfires

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

California Mayors Back Plan to Make PG&E a Cooperative

In a letter to state regulators, the local leaders proposed using their collective resources to take over the utility, now in bankruptcy.
NYTimes.com - Published

California Governor to convene meet of PG&E shareholders, executives next week

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

California Governor Moves to Reshape PG&E After Fires and Blackouts

Gov. Gavin Newsom said the company, in bankruptcy over wildfire liabilities, had “failed to prioritize public safety.”
NYTimes.com - Published

Scope of PG&E's blackouts amid wildfires astonishing

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

PG&E and Southern California Edison have turned off power to minimize fires. It hasn't worked. What will?

Pacific Gas & Electric and Southern California Edison have cut off power to minimize wildfire risk. Yet the wildfires haven't stopped. What now?
USATODAY.com - Published

Calif. power cuts leave elderly, disabled in dark

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

How Much Will the PG&E Blackouts Cost? Ask a Shop Owner

Thursday: As new fires sparked and blackouts continued, some businesses started to take stock of the damage.
NYTimes.com - Published

Can PG&E Survive the California Wildfires?

Hedge funds, fire victims and public officials all have a stake in what becomes of the giant utility, now in bankruptcy. And Warren Buffett’s name is being invoked.
NYTimes.com - Published

California accuses PG&E of mishandling power outages amid wildfires

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

Eye Opener: California launches investigation into PG&E

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

'No end in sight': California preps for another round of Santa Ana winds as Kincade, Getty fires continue assault

With an especially fierce round of Santa Ana winds on the way, PG&E is shutting off power for about 605,000 customers in 29 California counties.
USATODAY.com - Published

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