Thursday, Oct. 3, 2019, San Francisco–A US trustee has demolished PG&E’s claim for $140 M in lawyers’ fees for the first few months of its bankruptcy, which the trustee predicts
July 10, 2018, San Francisco--TURN today said it would support AB 1054 because the bill goes further than any previous proposals in protecting customers and victims while holding investors accountable.
“The goal of protecting consumers by making it clear that investors, taxpayers, and other stakeholders must share in the costs of wildfire prevention and damage is one we are in
Wednesday, Feb. 6, San Francisco--TURN today formally requested that PG&E’s bankruptcy judge appoint an official committee of ratepayers so that the critical interests of 16,100,000 captive PG&E customers are represented.
PG&E’s stocks on Tuesday tanked after reports of massive liabilities from last year’s wildfires. Standard & Poor’s cut their credit rating to junk status as the utility company faces the
California’s largest power company faces an existential crisis as it confronts the looming possibility of tens of billions of dollars in wildfire liability.
Shares of PG&E Corp. — which owns
The lights would stay on if California utility giant PG&E Corp. files for bankruptcy. But the company, its customers and investors would be set for years of uncertainty.
While utility
California regulators are considering whether Pacific Gas and Electric Co. should shake up its leadership, split its core operations into separate companies or be transformed into a publicly-owned utility.
In
Bailout or bankruptcy: For Pacific Gas & Electric Company, one of the nation’s largest investor-owned public utilities, that’s a question that may soon have to be answered.
As investigators continue
As Sen. Bill Dodd walked out of the state Capitol in the early hours of Saturday, he said he had a great sense of relief that the Legislature averted an
Can you blame us?
PG&E, the criminal felon responsible for the deaths of over 100 of its customers, wants pre-payment of $1.4 billion of your money, ostensibly for wildfire safety.
