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Home » CPUC, PG&E Agree to Record $1.9B in Penalties
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CPUC, PG&E Agree to Record $1.9B in Penalties

Rechtschaffen Acknowledges ‘Deeply Unsatisfying’ Agreement Structure

May 7, 2020
Hudson Sangree
Company News / California Public Utilities Commission (CPUC) / California
The California Public Utilities Commission unanimously approved a settlement Thursday with Pacific Gas and Electric that imposes record penalties of more than $1.9 billion on the bankrupt utility for safety and maintenance lapses that led to massive wildfires in 2017 and 2018. But the unusual structure of the agreement left...

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