Pacific Gas and Electric (PG&E)
PG&E and Northern California prosecutors agreed to settle last summer's 1-million-acre Dixie Fire and the Kincade Fire in Sonoma County for $55 million.
PG&E is seeking a 23% electric rate increase in 2023-26 on top of the 19% it received this year, eliciting protests from customers and ratepayer advocates.
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
A two-day summit on soaring utility rates looked at covering wildfire prevention and clean-energy costs with funding from sources other than ratepayers.
The CPUC is worried about customers after approving back-to-back $1 billion cost increases for PG&E and substantial rate hikes for the state’s other big IOUs.
PG&E ended five years of probation, but the judge in charge of the case said the utility remains a danger to Californians in high fire-threat areas.
The D.C. Circuit overruled FERC in cases brought by San Francisco against the commission and PG&E, which the city said refused to provide required service.
The California Department of Forestry and Fire Protection said its investigation had determined that a tree hitting a PG&E line started the massive Dixie Fire.
Federal prosecutors said they would not ask for an extension of PG&E's probation time based on California criminal charges.
Cal Fire concluded that a tree falling on a PG&E power line started the Dixie Fire, potentially affecting PG&E's bid to exit federal probation Jan. 25.
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