Massive PG&E power outage in San Francisco renews calls for publicly-owned utilities [CBS News]
Pacific Gas & Electric Co. (PCG)
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Source: CBS News
Some are going as far as saying it's time for San Francisco to cut ties with PG&E. The idea isn't new, but the massive outage brought the concept back to light. "It is time to end San Francisco's relationship with PG&E and have our own public utility," said State Senator Scott Wiener, who is also running for Congress. "I've seen my share of PG&E power outages in San Francisco, I've never seen anything like this. The scale of it, the length of it, the lack of information for hours and hours for the public." Wiener proposed the idea in 2020, but the bill never made it to a hearing. He said he is planning to put forward new legislation that would allow for cities to break away from PG&E and form their own publicly-owned utilities. "I don't want to sugarcoat it. It's going to be a huge fight to make PG&E publicly owned in San Francisco. But it's a fight worth having," Wiener said. "This is totally normal. Palo Alto has its own public utility. Sacramento has its own public utility.
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News
- PG&E to run tests on equipment during planned Civic Center outage following December fire [CBS News]CBS News
- PG&E to test equipment damaged in December fire during planned Civic Center outage [CBS News]CBS News
- Is PG&E (PCG) Pricing Reflect Its Mixed Returns And California Regulatory Risks? [Yahoo! Finance]Yahoo! Finance
- PG&E Corporation Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference CallPR Newswire
- Burlingame businesses being affected by street shutdowns due to gas leaks [CBS News]CBS News
PCG
Earnings
- 10/23/25 - Beat
PCG
Sec Filings
- 1/5/26 - Form 4
- 12/29/25 - Form 4
- 11/25/25 - Form 4
- PCG's page on the SEC website