INTERVIEW: The Implications of PG&E Declaring Bankruptcy

california-wildfires-utility
california-wildfires-utility

Michael Picker, President of the California Public Utilities Commission, second from left, listens to public comments with commissioners Martha Guzman Aceves, from left, Liane M. Randolph and Clifford Rechtschaffen during a meeting in San Francisco, Monday, Jan. 28, 2019. California regulators have approved a measure allowing Pacific Gas & Electric Corp. to immediately obtain credit and loans while the company is under Chapter 11 bankruptcy protection. (AP Photo/Jeff Chiu)

 

Assemblyman and Chairman of the Utility and Energy Commission, Chris Holden, speaks to the California Public Utilities Commission meeting Wednesday to do an annual review to address wildfire and utility issues, what the PG&E’s equipment and vegetation management, what could reorganization do to satisfy the state, and how does the state legislators and Public Utilities Commission guarantte our rates won’t rise: