Company News

Federal Judge to Review PG&E’s Wildfire Plan
California’s investor-owned utilities submitted enhanced wildfire mitigation plans to the PUC, and PG&E's will be reviewed by a federal judge.
Ratepayer Advocates Request Part in PG&E Bankruptcy
The Utility Reform Network sent a letter to federal trustees requesting the Bankruptcy Court appoint a committee of ratepayers to represent PG&E customers.
FERC Approves South Central Tx Formula Rate Changes
FERC conditionally approved South Central MCN’s proposed revisions to its transmission formula rate and protocols and granted a rehearing request that set a Section 206 proceeding.
SCE’s $1 Billion Shortfall Perturbs State Regulators
The California PUC is considering whether to fine Southern California Edison for its failure to report a nearly $1 billion shortfall in revenues last year.
Nuclear ‘Bailout’ Memo Circulating through PA Assembly
Memos supporting a plan to save Pennsylvania’s nuclear reactors began circulating through the state legislature as the window to prevent closures dwindles.
Xcel Again Betters Year-end Guidance
Xcel Energy reported it once again met or exceeded its earnings guidance, posting year-end profits of $1.26 billion, compared to $1.15 billion in 2017.
Judge Postpones Strict Probation Conditions for PG&E
A judge delayed his decision to impose new probation conditions on Pacific Gas and Electric in its criminal case for the 2010 San Bruno gas line explosion.
Bankruptcy Only ‘Viable’ Option for PG&E, Lawyer says
A lawyer for PG&E said the utility did file for bankruptcy to ensure it is able to compensate the victims of wildfires that ravaged Northern California.
PG&E Wants to Undo Contracts, Revamp Biz in Bankruptcy
PG&E confirmed they hope to rescind costly power purchase agreements and reform its obsolescent business model during bankruptcy.
PG&E Files for Bankruptcy
PG&E Corp. and its primary operating unit, Pacific Gas and Electric, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

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