By Hudson Sangree The president of the California Public Utilities Commission called late Tuesday for escalating oversight and enforcement actions against Pacific Gas and Electric and said receivership may be necessary if the company can’t provide safe service once it exits bankruptcy. "The receiver, if appointed by the superior court,...

By Hudson Sangree Pacific Gas and Electric reported multibillion-dollar losses in its quarterly and annual reports Tuesday but said in a separate five-year forecast that it expects sustainable financial performance after it emerges from Chapter 11 reorganization. "Our focus now is on working with all key stakeholders, including elected officials...

By Hudson Sangree The countdown is on for Pacific Gas and Electric’s exit from bankruptcy, which all parties agree needs to happen by the end of June so the utility can participate in a state insurance fund to protect it from future wildfire liabilities, a key to its financial stability.

By Hudson Sangree The California Public Utilities Commission on Thursday unanimously denied PacifiCorp’s requested annual revenue requirement, rebuking the company for asking to cover the accelerated depreciation of out-of-state coal plants it hasn’t yet committed to close. The commission approved a revenue requirement of $72 million — $6.6 million less...

By Hudson Sangree Members of the California Public Utilities Commission on Thursday met in Bakersfield, a stronghold of conservative interior California, and heard a much different kind of public comment than they’re used to in San Francisco. Bakersfield is the county seat of Kern County, a hub of oil and...

By Hudson Sangree The California Public Utilities Commission issued proposed guidelines Thursday for utilities to follow in the 2020 fire season when intentionally blacking out areas to prevent electrical equipment from starting wildfires. At the same time, CPUC President Marybel Batjer issued a ruling calling Pacific Gas and Electric’s reporting...

By Hudson Sangree PG&E Corp. on Friday offered the most detailed versions yet of its plans to emerge from bankruptcy in filings with the California Public Utilities Commission and the U.S. Bankruptcy Court in San Francisco. The company said its updated Chapter 11 reorganization plans address the concerns of Gov.

By Hudson Sangree SACRAMENTO, Calif. — Public Utilities Commission President Marybel Batjer told lawmakers Wednesday the commission would move quickly in its efforts to deal with catastrophic wildfires, intentional blackouts and the bankruptcy of the state’s largest utility. CPUC President Marybel Batjer | California State Assembly Batjer — an expert...

By Hudson Sangree Pacific Gas and Electric said Wednesday it had settled with the bondholders whose competing reorganization plan may have been the biggest threat to the utility having its own Chapter 11 reorganization plan adopted by the U.S. Bankruptcy Court in San Francisco. The ad hoc committee of senior...

By Hudson Sangree SACRAMENTO, Calif. — The state’s new Wildfire Safety Advisory Board held its first meeting Tuesday, electing industry veterans as its chair and vice chair and getting briefed by California Public Utility Commission staff on its role and responsibilities. Assembly Bill 1054, signed by Gov. Gavin Newsom in...