transmission lines Archives - GV Wire

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PG&E Expects More Than $6B in Wildfire Costs

By Associated PressIn AP News, California, NewsPosted November 7, 2019

Photo of PG&E's Customer Center

SAN FRANCISCO — Pacific Gas & Electric reported substantial losses for the third quarter on Thursday, driven by catastrophic wildfires that have been blamed on the utility's outdated transmission lines. The company anticipates those costs could escalate to as much as $6.3 billion. PG&E filed for bankruptcy in January to...