California utilities not doing enough to reduce wildfire threats, auditor says
California utilities aren’t doing enough to prevent wildfires, according to the state auditor. In a report to the California Legislature, the State Auditor’s Office said that regulators had approved "[seriously] deficient" plans, including from the Pacific Gas and Electric Corp. (PG&E).
California gas utility fined $10M for ratepayer money misuse
California's Public Utilities Commission fined Southern California Gas Co. $10 million for improperly spending ratepayer money on lobbying.
Solar to start new year with some long shadows
Rooftop solar companies aren’t exactly starting out the new year with the sun shining on their faces.
California utility faces $550M in penalties for 5 wildfires
California's regulators approved a settlement Thursday placing more than half a billion dollars in fines and penalties on the utility Southern California Edison for its role in five wildfires in 2017 and 2018.
Energy prices drive Europe inflation to highest since 2008
The overall inflation level was boosted by a jolting 17.4% increase in energy prices. Core inflation, which excludes volatile fuel and food, was more modest at 1.9%.
America’s next hot import might be record energy prices
Today’s high energy prices could be a preview of coming attractions—a real horror movie if this winter is cold.
Americans brace for utility bill sticker shock
Costs for oil, natural gas and electricity are climbing, creating a perfect storm for America's utility bills.
Stock market turns cautious as ‘defensive’ shares surge
Some of the hottest stocks in the U.S. are pointing to an economic cool-down.
PG&E warns California customers it could shut off power to prevent wildfires
Utility firm Pacific Gas & Electric warned some customers in Northern California that it may have to “proactively turn off power for safety” this week amid weather conditions that increased the risk of wildfires in the region.
How to conserve electricity during a dangerous heat wave
As sweltering summer heat impacts the U.S., power utility companies are urging customers to conserve energy.
Your utility bill may rise as Biden pushes tax hikes
President Biden's proposed corporate tax hike could have unintended consequences on middle-class Americans.
Despite Colonial Pipeline attack, likelihood of utilities sector hack has increased
A key metric that indicates vulnerability to cyberattacks has increased since the start of the year, a cybersecurity firm says.
Texas power retailer Griddy heads toward bankruptcy filing
State regulators have barred the energy supplier after it charged customers big electricity-price increases during freeze.
Texas power market is short $2.1 billion in payments after freeze
The financial consequences of the Texas blackouts are beginning to emerge in the state's electricity market, with some players failing to pay for power they purchased last week and others disclosing sizable losses.
Southern California Edison to pay $2.2B to settle wildfire claims
Southern California Edison will pay $2.2 billion to settle insurance claims from a deadly, destructive wildfire sparked by its equipment in 2018, the utility announced Monday.
Power outages top 2M as Zeta roars through South, could take days to get back
Millions across the South are without power Thursday as a fast-moving Zeta barrels northeast as a tropical storm with dangerous winds threatening to spread more misery along the East Coast.
Wildfire risk in California prompts PG&E power cuts to 361,000 customers
Hundreds of thousands of customers are without power in northern and central California Monday after the nation's largest utility conducted its largest shutoff of the year to prevent wildfires.
California faces most dangerous fire weather of year; PG&E lowers wildfire safety blackouts
The nation's largest utility will cut power to hundreds of thousands of customers Sunday as California faces its most dangerous winds of the year in a state that's already endured the worst wildfire season in history.
Wildfire safety blackouts in California impact 37,000 PG&E customers, will last till Friday
Tens of thousands of Pacific Gas and Electric Company customers in North California may have their power out until Friday after the utility said it was cutting power due to high winds raising the risk of wildfires.
Wildfire safety blackouts in California may impact 50,000 PG&E customers
Tens of thousands of Pacific Gas and Electric customers in Northern California could lose their power as early as Wednesday night, one week after planned outages rippled through the region.