PG&E

By SUDHIN THANAWALA , Associated Press SAN FRANCISCO (AP) — A federal judge in San Francisco found Pacific Gas & Electric Corp. violated its probation in a criminal case stemming from a deadly gas explosion in 2010 and berated the utility Wednesday for not doing enough to prevent its equipment...

Faced with potentially ruinous lawsuits over California's recent wildfires, Pacific Gas & Electric Corp. filed for bankruptcy protection Tuesday in a move that could lead to higher bills for customers of the nation's biggest utility and reduce the size of any payouts to fire victims.

PG&E filed for bankruptcy early Tuesday, following through on a threat to seek Chapter 11 protection as it faces potential multi-billion dollar wildfire liabilities.

The Tubbs Fire that burned across Sonoma County in October 2017, killing 22 people, was caused by a homeowner's electrical system, according to the Cal Fire.

PG&E's beaten-down stock is getting a boost today after disclosing in a securities filing that its received $5.5 billion n debtor-in-possession financing from JPMorgan Chase, Bank of America, Barclays and Citigroup. The financing will allow the utility to provide sufficient liquidity to fund...

UPDATE: The Santa Rosa Fire Department says that the gas leak has been secured and residents will soon be able to return to their homes. The original story is below. At least 16 homes have been evacuated on the 700 block of Tupper Street in Santa Rosa after a gas meter was struck Thursday morning,...

More than 24,000 PG&E customers were still without electricity on Thursday morning following the strong storm that blew through the region, according to the utility. The most heavily affected area was the North Bay where 10,302 lacked power at 9 a.m., PG&E officials said. Customers on the...

Activists have long argued for a public takeover of PG&E. With the company's notice of its intention to file for bankruptcy protection, they may be finding support in government circles.

Investors are being jolted again by developments at PG&E. The utility giant delivered two jarring bits of news within hours: CEO Geisha Williams is stepping down, and the company served notice that it could file for Chapter 11 bankruptcy protection as early as January 29.

A federal judge proposed stringent safety orders for PG&E that would require it to inspect its entire power transmission grid, trim trees and vegetation that could cause fires and turn off electricity during high winds.