Regional News: Details of bold plan for customer-owner PG&E fix released with resounding support

More than 100 elected officials have signed onboard

A street lamp is dark as a utility pole is seen in the background during a power outage in Sunol, Calif., on Oct. 10, 2019. Hundreds of thousands of Pacific Gas and Electric Company customers continued to be cutoff from electricity on a second day of the utility’s planned power shutdowns.
/Anda Chu/Bay Area News Group

By Maggie Angst | The Mercury News

Forging ahead with an ambitious proposal to take over the state’s largest and most embattled utility, a coalition of more than 100 elected California leaders on Thursday unveiled a broad framework of what a customer-owned utility might involve.

The coalition of leaders — who represent more than 8 million Californians served by Pacific Gas and Electric and include the mayors of San Jose, Oakland and Santa Cruz — laid out a list of operating principles to guide them in creating a nonprofit cooperative that would raise an estimated $60 billion needed to pay creditors and wildfire victims.

“With these principles, we’ve presented a framework for a viable customer-owned PG&E that will be transparent, accountable, and equitable,” San Jose Mayor Sam Liccardo said in a press release. “I’m proud to stand with our growing coalition of 113 elected leaders — who together represent more than half of Californians served by PG&E — urging the company’s transformation to put the company’s days of underinvestment, mismanagement, and negligence far behind us.”


Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
December 2019