Thousands of homeowners are suing PG&E over wildfire damages. The utility's bankruptcy plan is threatening to complicate all of those lawsuits.
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PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
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Amid PG&E Bankruptcy, Rooftop Solar Could Help The Power Grid Fight WildfiresIn the face of $30 billion in wildfire liabilities, Pacific Gas and Electric could file for bankruptcy by the end of the month. In the process, regulators, investors, and the public might discover that rooftop solar has a unique value proposition.
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PG&E to file for bankruptcy following devastating California wildfiresThe energy company could be held liable for more than $30 billion.
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