PG&E Corporation

PG&E Corporation is a holding company whose primary operating subsidiary is Pacific Gas and Electric Company, a monopoly utility operating in Northern and Central California. In 2020, PG&E pleaded guilty to 84 separate counts of involuntary manslaughter and one felony count of unlawfully starting a fire after it was determined that the Camp Fire was caused by a high-voltage transmission line the company owned and failed to maintain. The fire burned down most of the town of Paradise and resulted in the death of 85 people. PG&E has also been fined for other incidents, including the 2015 Butte Fire, the 2010 San Bruno pipeline explosion, and the 2008 Rancho Cordova house explosion.

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Becerra took over $150K from CA utilities as a candidate for Congress, AG

California’s three investor-owned utility monopolies have a lot riding on the outcome of the state’s first open race for governor since 2018, with their soaring electric bills taking center-stage in the race, and candidates offering different rhetoric and proposals for how to lower customers’ bills.  The companies – Pacific Gas & Electric Company (PG&E), Southern...

California passes bill curbing utilities use of ratepayer money for political spending

State lawmakers last week made California the seventh state to pass a bill limiting investor-owned utilities from using customer money to pay for political and lobbying costs. Assembly Bill 1167, the California Ratepayer Protection Act, authored by Assembly Member Marc Berman (D-Menlo Park), passed both chambers of the legislature and now awaits action by Governor...

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