The Latest about PG&E’s bankruptcy Proceeding (all times local):
California regulators are currently advocating adoption of Pacific Gas & Electric’s safety plan aimed at reducing wildfires from the state.
The Northern California utility suggests shutting power to customers more often beefing up tree and incorporating more inspectors.
The equipment of pG&E has been blamed for the vast majority of major wildfires in California over the previous few years. A federal judge ordered the firm to revamp its safety plans.
Even the California PUC is being advised to accept comparable safety programs such as Southern California Edison, San Diego Gas & Electric and utilities that are smaller which, together, supply the country with most of the gas and electric.
Pacific Gas & Electric Corp.’s leading financial executives say they still have not determined when the usefulness can begin compensating victims of recent wildfires started by the utility’s gear.
Victims’ lawyers questioned PG&E executives at San Francisco Monday during a bankruptcy meeting. They desired to learn when the utility would file its plan to emerge from bankruptcy and also cover hundreds of dollars in claims pending against it.
PG&E Chief Financial Officer Jason Wells reported the utility does not yet know as it will file this strategy.
Wells stated the company admits it should act as fast as possible, but said a great deal of work remains to be achieved until its plan cans file like working with state lawmakers to pass new laws limiting its wildfire liabilities.