Monday, August 12, 2019
What PG&E’s Looming $30 Billion Bankruptcy Could Mean for California Ratepayers
What PG&E’s Looming $30 Billion Bankruptcy Could Mean for California Ratepayers: As a result of Pacific Gas & Electric’s (PG&E) looming bankruptcy, California ratepayers are being asked to bail out the nation’s largest utility by paying $10.5 billion into a wildfire fund to cover future liabilities. PG&E filed for bankruptcy protection in January 2019, citing an estimated $30 billion
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