Investor-owned utility
Appears in 2 stories
Warned the deal could push it into bankruptcy
A hard-won compromise to reshape California's wildfire liability system collapsed on the final day of the legislative session. The state Assembly never brought Senate Bill 492 to a vote, after PG&E and Southern California Edison warned the deal could push them into bankruptcy.
Updated Sep 4
Completed full restoration Dec 24; announced $50M compensation; hired independent investigator; facing mayoral criticism and investigation scrutiny
San Francisco is the kind of city that feels unstoppable—until the lights go out. On Saturday, a substation fire near 8th and Mission helped trigger a blackout that spread across neighborhoods and knocked out traffic signals. Restoration took more than two days and sparked political backlash and raised questions about whether a modern city can tolerate single-point failures in critical infrastructure.
Updated May 16
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