Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X
Skip Navigation LinksHome > Article
VOL. 39 | NO. 15 | Friday, April 10, 2015

Utility won't appeal $1.6 billion penalty for deadly blast

Print | Front Page | Email this story

SAN FRANCISCO (AP) — California's largest power utility says it won't appeal a record $1.6 billion penalty from the state for a 2010 gas pipeline explosion that killed eight people in a San Francisco suburb.

Utility regulators approved the penalty against Pacific Gas & Electric Co. on Thursday.

PG&E CEO Tony Earley says in a statement that the utility's focus would be on completing safety improvements in its natural-gas operations. Earley says PG&E was "deeply sorry" for the disaster that also destroyed more than three dozen homes.

The penalty comes as the state's top utility regulator has called for a larger review that suggests the energy behemoth could be broken up.

California Public Utilities Commission President Michael Picker has said safety citations against PG&E were rising, but that the utility was so big, it was able to shrug off financial penalties.

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0