$400M ‘loan’ to PG&E to keep nuke plant going a raw deal
For the umpteenth time in the last 60 years, California electric consumers are again being pestered for more money. As usual, the stated reason is they must pay up by …
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Wildfire threats make utility companies uninsurable in Northern California, across West
By Mark Chediak | Bloomberg Trinity Public Utilities District’s power lines snake through the lower reaches of the Cascade Range, a rugged, remote and densely forested terrain in Northern California …
Diablo Canyon nuke plant could trigger higher PG&E customer bills
OAKLAND — Operation of the aging Diablo Canyon nuclear power plant — which has become a key element of California’s strained electricity grid — could shove PG&E monthly bills higher, …
Bay Area consumer prices hop higher as pace of inflation worsens
The inflation rate in the Bay Area rose at a faster pace in April compared with the last several months, a disquieting sign that the bouts of elevated costs have …
CPUC voting soon on $24 fixed monthly charge for California electricity bills
By Rob Nikolewski | San Diego Union-Tribune The California Public Utilities Commission will soon vote on one of the most contentious pieces of legislation that recently passed through the state …
As Californians mitigate wildfire threats, why is there still an insurance crisis?
Spend any time thinking or talking about insurance in California these days and you’re bound to hear the word “mitigation.” Fire officials, lawmakers, insurance agents and others are asking homeowners …
No, California’s rooftop solar market isn’t dying
2019 was a good year for residential solar in California. Households served by the three large investor-owned utilities — Pacific Gas & Electric, Southern California Edison and San Diego …
PG&E CEO, other execs with utility titan, land higher compensation
OAKLAND — PG&E handed out higher executive compensation for the utility leviathan’s top boss and other key execs in 2023, pay increases that arrive at a time of soaring monthly …
Proposal would change how California power bills are calculated, aiming to relieve summer spikes
SACRAMENTO — It’s become a rite of summer in sunny California: When the temperature spikes, so do electricity bills, leaving some customers with monthly payments over $500. A big reason …
PG&E profits hop higher as revenue from electricity and gas surges
OAKLAND — PG&E’s profits hopped higher in 2023, buoyed by electricity and natural gas revenues that surged last year, in a report that also predicted the utility titan’s investors can …