Pacific Gas and Electric (PG&E)
FERC instructed Pacific Gas and Electric and the California Public Utilities Commission (CPUC) to brief it on whether Cal. law allows PG&E to quit CAISO.
A measure to replace generating capacity and limit economic disruption from the retirement of Diablo Canyon is headed to California Gov. Jerry Brown.
An unpopular proposal by California Gov. Jerry Brown to limit the liability of utilities for wildfire damage has been tabled for now.
California’s three investor-owned utilities want lawmakers to limit their liability for wildfires sparked by power lines.
CPUC President Michael Picker told California lawmakers that the commission is increasingly focused on wildfire prevention.
The California State Senate passed legislation that would allow the state’s investor-owned utilities to pass through the costs of wildfires to ratepayers.
Trees contacting Pacific Gas and Electric distribution lines caused four Northern California wildfires last year that burned about 9,400 acres, state investigators said.
FERC rejected a request for rehearing by several Pacific Gas and Electric transmission customers.
The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.
A bill that would allow utilities to recover wildfire costs if they conform to state-regulated safety plans moved through the California legislature, but it faces opposition from some who say it lets utilities off the hook.
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