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RSS FeedsUtility asked last month to hike bills over California fires
(WorldNews Mexico)

 
 

16 november 2018 04:10:27

 
Utility asked last month to hike bills over California fires
(WorldNews Mexico)
 


San Francisco-based PG&E — one of the nation’s largest electric utilities serving most of Northern and central California — made the request a month before the Camp Fire broke out Nov. 8 and quickly ballooned into the deadliest U.S. wildfire in a century. No cause has been determined, but speculation has centered on PG&E, which reported an outage around when and where the fire ignited. The company has lost $15 billion in market value, its shares plummeting 60 percent in a week. PG&E already faced financial pressure from its suspected role in a series of deadly fires in California wine country last year. The company’s filing last month said it needed to...


 
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