California lawmaker demands probe of PG&E’s chief regulator

Business Insider | Jan 16, 2020 at 12:00 AM
  • A state lawmaker on Wednesday demanded an extensive review of the California Public Utilities Commission to determine whether regulators’ lax oversight enabled neglect at Pacific Gas & Electric that triggered catastrophic wildfires, a messy bankruptcy and exasperating blackouts.
  • The nation’s largest utility has submitted a rehabilitation plan that must be approved by the commission and a federal bankruptcy judge by June 30 to qualify for coverage from a special fund state lawmakers created to help insulate California utilities from massive losses if their power lines ignite more devastating fires.
  • The committee is expected to consider Gray’s request on Feb. 19.