PG&E should compensate customers for power shutoffs, California governor says [CNN]
Pacific Gas & Electric Co. (PCG)
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Source: CNN
PG&E should compensate customers for power shutoffs, California governor says Replay ... MT WATCH 00:52 (CNN) last week's power shutoffs The utility intentionally cut power to almost 800,000 customers in Northern California last week in an effort to prevent downed utility lines and equipment from causing wildfires amid dry and windy conditions. Some customers were without power for days. Newsom is urging PG&E to give credits or rebates of $100 to each residential customer and $250 to small businesses as "some compensation for their hardships," a release from the governor's office said Monday. "Californians should not pay the price for decades of PG&E's greed and neglect," Newsom said in the release. "PG&E's mismanagement of the power shutoffs experienced last week was unacceptable." Why Californians are furious at the utility company PG&E On the second day of the shutdown, San Jose said the move had cost the city at least half a million dollars Read PG&E CEO Bill Johnson responde
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PCG
Earnings
- 2/22/24 - Beat
PCG
Sec Filings
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- 3/5/24 - Form 4
- PCG's page on the SEC website