PG&E Claims Splitting the Utility Would Increase Rates, Risk Customer Safety

In this photo taken on Wednesday, Jan. 23, 2019, Pacific Gas & Electric vehicles are seen at their customer service center in Hayward, Calif. (AP Photo/Ben Margot)

 

PG&E is claiming splitting the utility in two would increase customer safety from wildfires. But in a filing yesterday, the company warned separating its gas and electric divisions into separate companies would increase the possibility of higher rates. Multiple reports say PG&E had been looking into splitting up months before filing for Chapter 11 bankruptcy protection last month. The company says its liabilities connected to wildfire claims could surpass 30-billion dollars.