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Jan 21, 2019
01/19
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KQED
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i think there's very good public utilities, but also good investor-owned utilities. i do agree with loretta we should be considering that alternative, particularly in light of the much greater regulation that would be required on the side, considered the risk, this used to be a s dustry widows and orph invested in, because the investments were so reliable. that's not the cse anymore. i think we have to consider alternative forms of utilities. >> how much risk do you think there is of other utilities and nesses across the country facing this kind of stress of climate change? >> i think it differ regionally. california, clearly the drought in other areas it's hurricanes.. floods, coastal flooding. all of thesetht. derwi wlli be wile fires a is that the wildfire may start because a utility action, unlike a hurricane, and therefore there's this question of how much of that they are then responble or. to the extent they are held responsible for the entire damage of it, that is more than the value of the firm. whereas when we've seen problems with the hurricanes and utilit
i think there's very good public utilities, but also good investor-owned utilities. i do agree with loretta we should be considering that alternative, particularly in light of the much greater regulation that would be required on the side, considered the risk, this used to be a s dustry widows and orph invested in, because the investments were so reliable. that's not the cse anymore. i think we have to consider alternative forms of utilities. >> how much risk do you think there is of...
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Jan 19, 2019
01/19
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KQED
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>> what are the challenges with a publicly owned utility? >> it's time.r time the state to seriously take a look at the mechanisms cessary to take it over. we need the profit out of the system. it's not a radical idea. every state in the union has public utilities even california has 22, the biggest of which are sacramento. they're not perfect -- >> i'm not sure i would agree. i think there's very good publii ties, but also good investor-owned utilities. i doh agree w loretta we should be alternative, particularly in light of the much greater regulation that would be required on the side, considered the risk, this used to be a industry widows and orphans revested in, because the investments w so reliable. that's not the case anymore. i think we have to consider alternative forms of utilities. >> how much risk do you think there is of other utilities and businesses across the country facing this kind of stress because of climate change? >> ithink it differ regionally. california, clearly the drought and forest fire issue, is the major issue.
>> what are the challenges with a publicly owned utility? >> it's time.r time the state to seriously take a look at the mechanisms cessary to take it over. we need the profit out of the system. it's not a radical idea. every state in the union has public utilities even california has 22, the biggest of which are sacramento. they're not perfect -- >> i'm not sure i would agree. i think there's very good publii ties, but also good investor-owned utilities. i doh agree w loretta...
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Jan 15, 2019
01/19
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KTVU
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some feel the commission is not holding the utility accountable.his a public utility accountable to us.>> the president michael pickett wrote a letter to the governor as part of the 2017 annual report. he said continuing to improve the utility safety missions remains a critical.>> we know that in this era with the veracity an unprecedented damages we are seeing from wildfires, we cannot keep doing the same thing. truck the commission find pg&e a $.3 million after a tree come in county. still, they're responsible for the 100 workers to consistently inspect wires, pulse, the pipeline. what did find an agreement with calfire to totally investigate any role the utility equal to have played in fires, it is necessary the cpuc working to prevent disasters before they start. right now, within the pg&e potential big up the, the cpuc and only say it is closely monitoring pg&e, including leadership, financial status, and legal filings. and saying the cpuc is prepared to respond as appropriate. the commission as both an administrative agency as a court. the 20
some feel the commission is not holding the utility accountable.his a public utility accountable to us.>> the president michael pickett wrote a letter to the governor as part of the 2017 annual report. he said continuing to improve the utility safety missions remains a critical.>> we know that in this era with the veracity an unprecedented damages we are seeing from wildfires, we cannot keep doing the same thing. truck the commission find pg&e a $.3 million after a tree come in...
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Jan 15, 2019
01/19
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KRON
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as the assembly's vice chairman of utilities and energy committee..publican assemblyman jim patterson says he's concerned for rate-payers if pg&e moves forward with bankruptcy. ((assm. jim patterson- r-fresno)) "we have a perfect storm here...a huge electricity grid that is being perilously imbalanced, it's very exepnsive to rate payers and this fire damage and liability has made it even worse. we're going to have to spend a lot of hard time trying to unravel this mess in a way that protects rate payers.. that's going to be very, very diffcult."((assm. vince fong r-bakersfield)) "of course we have to make sure the fire victims are taken care of as well. as time goes
as the assembly's vice chairman of utilities and energy committee..publican assemblyman jim patterson says he's concerned for rate-payers if pg&e moves forward with bankruptcy. ((assm. jim patterson- r-fresno)) "we have a perfect storm here...a huge electricity grid that is being perilously imbalanced, it's very exepnsive to rate payers and this fire damage and liability has made it even worse. we're going to have to spend a lot of hard time trying to unravel this mess in a way that...
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Jan 30, 2019
01/19
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KRON
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ratepayers and bad for both utility... and good for the really only say, it is detractors for everyone, is what's best ... chapter- 11 and- e claims while p- g -moore. and i'm pam (pam) i'm ken wayne.for joining us, thank you at what cost? process... but during the customers services for it will maintain company says largest power the state's today. protection ==
ratepayers and bad for both utility... and good for the really only say, it is detractors for everyone, is what's best ... chapter- 11 and- e claims while p- g -moore. and i'm pam (pam) i'm ken wayne.for joining us, thank you at what cost? process... but during the customers services for it will maintain company says largest power the state's today. protection ==
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Jan 30, 2019
01/19
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KRON
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for approving bankruptcy financing for the utility. "that $5.5 billion that they're getting is the first money that will come out of bankruptcy, they'll get paid for sure, over and above victims, rate payers, and they'll get that without much conversation or discussion. that's the sad part." democratic senator jerry hill says the legislature needs to make sure the public utilities commission, who regulates pg&e is on the side of the people. "the last time through bankruptcy, the majority of the puc was on pg&e's side, and we want to make sure they're on our side and protecting our interests, the rate payers and the victims. i don't see that today, but the end of this is a number of years away."republican assemblyman jim patterson says ratepayers are still paying for pg&e's last bankruptcy. "two lessons here: it's going to take a long time, the last one took two years, this one could take two and a half to three years, and it's unknown what is pg&e going to look like when it comes out." patterson says pg&e's bankruptcy is a symptom of w
for approving bankruptcy financing for the utility. "that $5.5 billion that they're getting is the first money that will come out of bankruptcy, they'll get paid for sure, over and above victims, rate payers, and they'll get that without much conversation or discussion. that's the sad part." democratic senator jerry hill says the legislature needs to make sure the public utilities commission, who regulates pg&e is on the side of the people. "the last time through bankruptcy,...
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Jan 15, 2019
01/19
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KTVU
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some feel the commission is not holding the utility campbell. >> make this a true public utility accountable to us. >> cpuc president michael pickert wrote a letter to the governor's part of the 2017 annual report. he said continued to improve the utility safety records remains critical. >> we know that this era the ferocity and unprecedented damages we are seeing from wildfires, we can't keep doing the same thing. >> the commission find pg&e $8.3 million last year when a tree came in touch with an electric conductor and lighting the fire in butte county. they deployed hundreds of workers to consistently inspect wires poles and pipelines. they signed a agreement counselor to jointly investigate any role utility equipment may have played in fires, it's also necessary that the cpu work to prevent disasters before they start. right now with pg&e's potential bankruptcy, the cpuc would only say it's closely monitoring pg&e including its leadership, financial status and legal filings. and think the cpuc is prepared to respond as appropriate. the commission is both an administrative agency and the
some feel the commission is not holding the utility campbell. >> make this a true public utility accountable to us. >> cpuc president michael pickert wrote a letter to the governor's part of the 2017 annual report. he said continued to improve the utility safety records remains critical. >> we know that this era the ferocity and unprecedented damages we are seeing from wildfires, we can't keep doing the same thing. >> the commission find pg&e $8.3 million last year...
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Jan 15, 2019
01/19
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KTVU
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some sake the commission is not holding the utility accountable. >> make this a true public utility accountableo us. >> know you're going to let me finish this. >> reporter: michael wrote -- continuing to improve the safety records remains critical. >> we know that in the sierra, the ferocity and the unprecedented damages we are seeing from wildfires, we cannot keep doing the same thing it. >> reporter: the commission find pg&e $8.3 million last year after a tree came in touch with an electric conductor igniting the fire in butte county. the cpuc is deployed -- is charged with the blood of hundreds of workers to inspect pipelines. while it did investigate with hellfire, it is also necessary the cpuc work to prevent disasters before they start. right now, pg&e's potential bankruptcy, the cpuc would only say it is closely monitoring pg&e, including its leadership, financial status and legal findings. and saying the cpuc is prepared to respond as appropriate. the commission is both an administrative agency and a court. and 2015, commissioners voted to best to gate safety and corporate culture afte
some sake the commission is not holding the utility accountable. >> make this a true public utility accountableo us. >> know you're going to let me finish this. >> reporter: michael wrote -- continuing to improve the safety records remains critical. >> we know that in the sierra, the ferocity and the unprecedented damages we are seeing from wildfires, we cannot keep doing the same thing it. >> reporter: the commission find pg&e $8.3 million last year after a...
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Jan 15, 2019
01/19
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KTVU
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. >>> california's largest utility facing serious financial struggles. today pg&e announced it will file for chapter 11 amid worries about growing liability for a number of destructive wildfires. welcome everyone to the number four. >>> pg&e's announcement autr th to plunge. we are live from pg&e headquarters in san francisco with more on this major announcement. >> this means pg&e is now given 15 days notice of intent to file for bankruptcy by the end of the month. they announced today the following two years of devastating wildfires which victims they were caused by the company's transmission lines, it had little choice but declare bankruptcy. the company filed the 15 day required notice that they currently intend to file petitions to reorganize under chapter 11 on or about january 29 on or about january 29, 2019. the utility saying chapter 11 means it will continue to be able to continue to provide gas and electrical services. they say they are committed to assisting the committees affected. this comes one day after the ceo announced she was stepping
. >>> california's largest utility facing serious financial struggles. today pg&e announced it will file for chapter 11 amid worries about growing liability for a number of destructive wildfires. welcome everyone to the number four. >>> pg&e's announcement autr th to plunge. we are live from pg&e headquarters in san francisco with more on this major announcement. >> this means pg&e is now given 15 days notice of intent to file for bankruptcy by the end of...
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Jan 15, 2019
01/19
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KTVU
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some think the utility isn't holding the utility accountable. >> make the utility accountable. >> thank you, sir. >> you will listen to me. >> reporter: michael baker wrote a letter to the governor as part of the 2017 annual report. he said continuing to improve safety records remains critical. >> we know in this era, with the ferocity and unprecedented damages we are seeing from wildfires, we can't keep doing the same thing. >> reporter: the commission fined pg&e $8.3 million last year, after a tree came in touch with a electric conductor in butte county. still,, the cpuc is responsible for employing hundreds of workers to inspect wires, poles, and pipelines. while it signed an agreement with cal fire to jointly investigate any role electricity equipment may have provided in fires, it is also necessary the cpuc wildfires. with the cpuc would only say it was closely monitoring financial status and legal filings of pg pg&e, and saying cpuc will respond appropriately. the commission is both an administrative agency and a court. in 2015, commissioners voted to investigate safety in the cor
some think the utility isn't holding the utility accountable. >> make the utility accountable. >> thank you, sir. >> you will listen to me. >> reporter: michael baker wrote a letter to the governor as part of the 2017 annual report. he said continuing to improve safety records remains critical. >> we know in this era, with the ferocity and unprecedented damages we are seeing from wildfires, we can't keep doing the same thing. >> reporter: the commission fined...
SFGTV: San Francisco Government Television
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Jan 21, 2019
01/19
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SFGTV
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program as the city took over the full utility services.hat circumstances is default under the agreement. to the extent that p.g. and e is in default of terms in the agreement, which require requiring remittance of payment to the program, that's a potential situation where the agreements could be terminated. >> as that language in a contract? >> it is. the language is termination for default under the agreement. >> and my last question, knowing all the issues and concerns surrounding p.g. and e and instability, why does this service agreement, why does this happen -- have to happen today? >> it has to happen today because it is a requirement for the city to require to operate a c.c.a. program under california p.u.c. regulations that it have an effective service agreement with the investor-owned utility. bylaw, the c.c.a. model is a partnership, it does specify that p.g. and e or potentially a successor investor-owned utility is providing the distribution service, the metering service, the billing service, so this agreement is what memoriali
program as the city took over the full utility services.hat circumstances is default under the agreement. to the extent that p.g. and e is in default of terms in the agreement, which require requiring remittance of payment to the program, that's a potential situation where the agreements could be terminated. >> as that language in a contract? >> it is. the language is termination for default under the agreement. >> and my last question, knowing all the issues and concerns...
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Jan 30, 2019
01/19
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KRON
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the filing is really only good for the utility... and that it's bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those potential liabilities could reach into the billions of dollars... and while the utility says bankruptcy "will make sure that we have sufficient liquidity to serve our customers and support our operations and obligations." others say this will not benefit customers whatsoever. sot mark toney/ the utility reform network :36bankruptcy is a disaster for ratepayers becausewe will have to pay billions to get creditors payed the claims payed, we are now still paying for the 2001 pge bankruptcymark toney is with the utility reform network sotthe bankryuptcy filing by pg
the filing is really only good for the utility... and that it's bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those...
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Jan 31, 2019
01/19
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KRON
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but mark toney with pge watchdog the utility reform network doesn't believe the utility can be trustednd wants the judge to take a more dramatic step.sot mark toney/the utility reform network 1:29151/his order (vicki) lawmakers today grilled the state's public utilities commission president a day after pg&e filed for bankruptcy. kron 4's capitol bureau reporter ashley zavala was there.. ((pkg)) trt: 1:23(nats) california's public utilities comission president michael picker faced a flurry of questions from lawmakers wednesday.assemblyman bill quirk pressed the commissioner on pg&e's claim the cpuc did not allow the utility to secure credit to keep them out of bankruptcy...((assm bill quirk)) "they're saying they went into bankruptcy not because of these liabilities but because the credit market closed to them because of this decision you made." ((michael picker-cpuc president)) i can't put myself in their shoes, i know what they said, i know what they did.. it doesn't match up."lawmakers questioned the commissioner about recent articles quoting him, assemblyman jim patterson citing one
but mark toney with pge watchdog the utility reform network doesn't believe the utility can be trustednd wants the judge to take a more dramatic step.sot mark toney/the utility reform network 1:29151/his order (vicki) lawmakers today grilled the state's public utilities commission president a day after pg&e filed for bankruptcy. kron 4's capitol bureau reporter ashley zavala was there.. ((pkg)) trt: 1:23(nats) california's public utilities comission president michael picker faced a flurry...
SFGTV: San Francisco Government Television
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Jan 29, 2019
01/19
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SFGTV
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tariffs set by the california public utilities commission. the service agreement itself does not identify specific costs of services to be provided by pg and e. those costs are detailed in pg and d.'s california p.u.c. approved tariffs. the s.f. p.u.c. staff has estimated the cost of the services provided under the tariffs to be 1.5-$2 million per year for a total not to exceed an amount under this agreement of $20 million over a ten year term. the cost associated with the services provided under the tariffs are paid exclusively from clean power s.f. revenues. pg and e. offers a standard c.c.a. service agreement for use in its service area. most operating c.c.a. his and pg nde service areas have executed the agreement without modification. these agreements feature an indefinite term. that agreements terminate if the local jurisdiction were to terminate the c.c.a. program, or if one of the parties is in default under the agreement. when the city and county of san francisco started taking steps to initiate c.c.a. service in 2010, the city negot
tariffs set by the california public utilities commission. the service agreement itself does not identify specific costs of services to be provided by pg and e. those costs are detailed in pg and d.'s california p.u.c. approved tariffs. the s.f. p.u.c. staff has estimated the cost of the services provided under the tariffs to be 1.5-$2 million per year for a total not to exceed an amount under this agreement of $20 million over a ten year term. the cost associated with the services provided...
SFGTV: San Francisco Government Television
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Jan 27, 2019
01/19
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SFGTV
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for us like sunset solar, it can be a jointly utilized project. it really goes to the question how do we, you know, how do we fund it through our capital planning process? we have on the heche side a credit rating, we have a capacity that to perform the work with that credit rating. we don't have as big -- once the enrollment in clean power sf is completed in april, we will have a higher overall revenue stream coming in from that side than we do from the heche side, dramatically larger. we have bonding authority on both sides, financial statements and credit rating only on heche side. our task is to get the credit rating on clean power sf to utilize that same bonding authority. we don need to be bound to that. we can expand the -- sorry. we can build out a renewable site utilizing the heche balance sheet and credit rating and prop a authority realizing through a contractual reallation ship we can credit the revenue stream on the clean power sf side. >> is there currently an m.o.u. or something connecting the two? >> we transact business through th
for us like sunset solar, it can be a jointly utilized project. it really goes to the question how do we, you know, how do we fund it through our capital planning process? we have on the heche side a credit rating, we have a capacity that to perform the work with that credit rating. we don't have as big -- once the enrollment in clean power sf is completed in april, we will have a higher overall revenue stream coming in from that side than we do from the heche side, dramatically larger. we have...
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Jan 15, 2019
01/19
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KGO
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us a safe and reliable utility. at a reasonable rate. >> this is a top requirety. for the administration. >> governor newsom spoke about pg&e bankruptcy filing saying lt utility hasn't been a trusting player. misleading regulators in the recent past. >> it's trust but dare i say verify. and let me under score verify. >> pg&e said today it faces 700 lawsuits with 3,600 plaintiffs. and 50 lawsuits on behalf of the at least 2,000 plaintiffs related to the campfire. >> i'm disappointed they chose the bankruptcy route. >> hundreds of victims he says the bankruptcy shouldn't effect the amount of money the utility pays out. >> my concern is one of delay. i want to caution all those out there who are victims, that this doesn't mean they are not going to be treated fairly. >> this is not a done deal. the notice pg&e sent today is an intent to file for chapter 11. they have two weeks to come up with business plan that doesn't involve bankruptcy. a small chance. >> pg&e stock lost 80% of value in two years. 2017 stock plummete
us a safe and reliable utility. at a reasonable rate. >> this is a top requirety. for the administration. >> governor newsom spoke about pg&e bankruptcy filing saying lt utility hasn't been a trusting player. misleading regulators in the recent past. >> it's trust but dare i say verify. and let me under score verify. >> pg&e said today it faces 700 lawsuits with 3,600 plaintiffs. and 50 lawsuits on behalf of the at least 2,000 plaintiffs related to the campfire....
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Jan 15, 2019
01/19
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KRON
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as the assembly's vice chairman of utilities and energy committee.. republican assemblyman jim patterson says he's concerned for rate-payers if pg&e moves forward with bankruptcy. ((assm. jim patterson- r-fresno)) "we have a perfect storm here...a huge electricity grid that is being perilously imbalanced, it's very exepnsive to rate payers and this fire damage and liability has made it even worse. we're going to have to spend a lot of hard time trying to unravel this mess in a way that protects rate payers.. that's going to be very, very diffcult."((assm. vince fong r-bakersfield)) "of course we have to make sure the fire victims are taken care of as well. as time goes on, the legilature is going to have to look at how we deliver energy in our state, how is it reliable? how is it affordable?"lawmakers say this will be a big test for the state's new governor. gavin newsom says his office is in constant contact with regulators and the utility, with an immediate focus on keeping the lights on. (ashley: newsom says he's working with lawmakers, the public
as the assembly's vice chairman of utilities and energy committee.. republican assemblyman jim patterson says he's concerned for rate-payers if pg&e moves forward with bankruptcy. ((assm. jim patterson- r-fresno)) "we have a perfect storm here...a huge electricity grid that is being perilously imbalanced, it's very exepnsive to rate payers and this fire damage and liability has made it even worse. we're going to have to spend a lot of hard time trying to unravel this mess in a way that...
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Jan 15, 2019
01/19
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KGO
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the public utilities commission commission bases rates on how much a utility spends to provide those services. if debt is forgiven and pg&e's expenses drop and your electric rates could drop too. now, of course, there could be massive borrowing between now and then, and that could erase any potential savings. wildfire victims, they too will be hurt because with a bankruptcy, all debt before the filing are up for grabs, and creditors get a first shot at the cash. >> and we sent out a push alert this morning when pg&e confirmed its plan to file for chapter 11 bankruptcy protection. the mobile app is free to download. be sure to enable notification for breaking news updates. >>> more rain is on the way. what we've seen today kind of a slow start to the rain expected this week. >> i think we're going to build each day. sandhya patel is tracking it all for us. >> that's right. the storms are going to progress ily get stronger as we head towards wednesday. let's take a look at live doppler 7 right now. i'll get you into street level radar where we're seeing light to moderate showers. oak g
the public utilities commission commission bases rates on how much a utility spends to provide those services. if debt is forgiven and pg&e's expenses drop and your electric rates could drop too. now, of course, there could be massive borrowing between now and then, and that could erase any potential savings. wildfire victims, they too will be hurt because with a bankruptcy, all debt before the filing are up for grabs, and creditors get a first shot at the cash. >> and we sent out a...
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Jan 14, 2019
01/19
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KTVU
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>> these are investor owned utilities, so they are governed by the utilities commission, but whereas alameda park, telecom, sacramento utility they are publicly owned and essentially they have the same rules but they are already public entities so the taxpayers are >> what about wildfire victims, some may be looking for a payout. >> this is an issue because in many cases, liability has not been fully established meaning there is not a judgment against pg&e and the bankruptcy will hold a lot of that off, but the real issue going forward is what's going to happen to california because the one thing people are not thinking about is when we have these kinds of problems, this kind of disruption and liability, insurers may pull the same thing on california with wires that they did with earthquakes. they just don't want to ensure these things and if that happens, we are going to be in a real pickle because earthquake liability as you know if you buy that insurance, which few people do, the deductibles are very high. if it becomes the same with fire, this is going to do grievous damage to ca
>> these are investor owned utilities, so they are governed by the utilities commission, but whereas alameda park, telecom, sacramento utility they are publicly owned and essentially they have the same rules but they are already public entities so the taxpayers are >> what about wildfire victims, some may be looking for a payout. >> this is an issue because in many cases, liability has not been fully established meaning there is not a judgment against pg&e and the...
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Jan 31, 2019
01/19
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KRON
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wants the judge to put the utility in receivershipsot mark toney/the utility reform network 1:30148/no wildfires this summer summerwildfires this 148/no network 1:30 utility reform network 1:30 148/no wildfires this summer summer (ken) a university of iowa student was found dead behind a building -- believed to have died from exposure to tempeatures that can feel like 50 below with the wind chill. reporter tahera rahman (pronounced: rah-mahn) from our sister station w-h-b-f is in iowa city for us tonight where the university is located. tahera... what are investigators saying about this tragedy? pam, ken, i am inside right now ábecauseá of the dangerously cold temperatures. wind chills here in iowa city are negative óóóó. and investigators here say that could be the cause of death for a student here. --take mug --a spokesperson for the university of iowa says they found gerald belz outside a university building around 2:45 this morning. at that tome, temperatures were at óóó with a windchill of óóóó. that could give you frostbite in óóó minutes. belz was a first-year pre-medicine stu
wants the judge to put the utility in receivershipsot mark toney/the utility reform network 1:30148/no wildfires this summer summerwildfires this 148/no network 1:30 utility reform network 1:30 148/no wildfires this summer summer (ken) a university of iowa student was found dead behind a building -- believed to have died from exposure to tempeatures that can feel like 50 below with the wind chill. reporter tahera rahman (pronounced: rah-mahn) from our sister station w-h-b-f is in iowa city for...
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Jan 12, 2019
01/19
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CSPAN
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in 2009, the electrical utility in chattanooga, a public utility selling electricity, figured out it could save a lot of money on outages and monitoring electricity use by having a smart grid installed. that way, they could quickly tell where outages were and fix them without having to test the entire network and run trucks all over the place. they could modulate the use of electricity for devices when it was really needed. installing that smart grid in turn required fiber-optic to carry all the data that was needed as quickly as it would be needed to check frequently for outages and manage electrical outputs on that network. 2009, they started building a fiber-optic network to accompany electrical grid and that long ago paid for itself and the fiber network is subscribed to by one hundred thousand people in chattanooga and electricity prices in chattanooga have gone down because they are able to use revenue from that fiber-optic subscription base and cross subsidize electricity. it has been a great story for chattanooga. a lot of new businesses have shown up to develop new advanced
in 2009, the electrical utility in chattanooga, a public utility selling electricity, figured out it could save a lot of money on outages and monitoring electricity use by having a smart grid installed. that way, they could quickly tell where outages were and fix them without having to test the entire network and run trucks all over the place. they could modulate the use of electricity for devices when it was really needed. installing that smart grid in turn required fiber-optic to carry all...
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Jan 29, 2019
01/19
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CSPAN3
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it turns out the end utility is under pressure. they were willing to come together with the sierra club and environment different groups and say okay, we will take half of that load as a dedicated purchaser of the city and make it renewable. then, we were able to take panels on the roof, and energy- efficient to actually map out his or her electricity bill in five years. that case, so that connecting this global issue to a very specific, you don't want to spend taxpayer money on electricity anymore. that case has proven to be another path to what is going down, depending on how your community feels about it. >> very good, mayor mitchell? sorry. mayor mitchell? yes, go ahead. yeah. well, i know you have been doing 100% renewable work as well. and then i want to call on mayor miller. go ahead. >> so, thank you madam chairperson, and thank you for your leadership, and in this area two, mayor brandon. so we had our energy committee meeting in this room yesterday. and in the vein of some of the comments that we kevin from others, you kn
it turns out the end utility is under pressure. they were willing to come together with the sierra club and environment different groups and say okay, we will take half of that load as a dedicated purchaser of the city and make it renewable. then, we were able to take panels on the roof, and energy- efficient to actually map out his or her electricity bill in five years. that case, so that connecting this global issue to a very specific, you don't want to spend taxpayer money on electricity...
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Jan 30, 2019
01/19
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KGO
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. >> if we don't stop these utility-caused wildfires, nothing is going to fix the problem. bankruptcy will not stop future fires. >> reporter: governor gavin newsom reacted to the filing. that was pg&e's choice but that does not change my focus to ensure we have access to safe, reliable, and affordable service. other lawmakers tell me that pg&e bankruptcy revictimizes those who lost homes or loved ones in the wildfires, their claims against the utility now uncertain. there are new calls today for pg&e's board of directors to be replaced. i'll have that part of the story at 6:00. >> is that likely? >> possible. we'll see. >> all right. see you at 6:00. >>> this is actually the second time pg&e has filed for bankruptcy. they filed for chapter 11 protection in 2001 citing $9 billion in debt. at the time, the chronicle reported it was the third largest bankruptcy filing in u.s. history. this latest bout of financial trouble resulted from wildfires in the last two years starting with the north bay fires in october of 2017. pg&e is facing hundreds of lawsuits related to those fir
. >> if we don't stop these utility-caused wildfires, nothing is going to fix the problem. bankruptcy will not stop future fires. >> reporter: governor gavin newsom reacted to the filing. that was pg&e's choice but that does not change my focus to ensure we have access to safe, reliable, and affordable service. other lawmakers tell me that pg&e bankruptcy revictimizes those who lost homes or loved ones in the wildfires, their claims against the utility now uncertain. there...
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Jan 31, 2019
01/19
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KRON
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this after a federal judge slammed the utility for not doing enough utility for not slammed the federal judge this after a court.bankruptcy returns to today ... p-g-&e happening ( robin ) traffic. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. richmond bridge drive less than 20 min from the toll to 101. ( robin ) happening today ... p-g-&e returns to bankruptcy court. this after a federal judge slammed the utility for not doing enough to prevent its equipment from causing wildfires. the judge also found pg&e violated its probation in the criminal case stemming from the 20-10 san bruno gas pipeline explosion. the judge is proposing having the utlity reinspect its entire electrical grid and remove or trim all trees that could fall onto its power lines in high-wind conditions ... before the end of june.
this after a federal judge slammed the utility for not doing enough utility for not slammed the federal judge this after a court.bankruptcy returns to today ... p-g-&e happening ( robin ) traffic. no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. richmond bridge drive less than 20 min from the toll to 101. ( robin ) happening today ... p-g-&e returns to bankruptcy court. this after a federal judge slammed the...
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Jan 15, 2019
01/19
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KQED
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the utility couldlso be broken up. expertsee a bankruptcy judge could decide to separate pg & e's gas and electric businesses and while all of these issues ill likely take years to pla out, some customers are already worried about how it will their pocketbooks. >> it does concern mese bec with rent in oakland, that's expensive enough. and for our pg and & e can go u that can cause proz probleblems. california's attorney general and the dnetrict att say they are considering filing criminal charges against the utilit pg & e says they plan to file for bankruptcy on or around th.uary 29 "nightly business report," san francisco. >>> umont mining goes digging foth gold. companys buying cogold corp. the deal follows the agreeme to buy rand gold last september. the latest consultation wave is due in part to a dwindling supply of he's why i to find gold around the world. gold corp rose 7% to 0.38. new mont mining dropped by 8% to $31.78. >>> aganet received hostile takeover bid. the owner of usa today got offer valued at $1.3 b
the utility couldlso be broken up. expertsee a bankruptcy judge could decide to separate pg & e's gas and electric businesses and while all of these issues ill likely take years to pla out, some customers are already worried about how it will their pocketbooks. >> it does concern mese bec with rent in oakland, that's expensive enough. and for our pg and & e can go u that can cause proz probleblems. california's attorney general and the dnetrict att say they are considering filing...
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Jan 15, 2019
01/19
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CSPAN2
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today we have in america for last mouth indications is a private utility. worst book world clearly necessary for everybody and very little competition because the companies have divided markets and no oversight. the book is about local efforts to overcome this a symmetry and to regain this idea of a nationally competitive united states we want to begin the book with this comparison to the history of electricity in the united states. you also talk about the hybrid model here in the us which is the fiber /-slash wireless model is that a successful way to go? >> guest: absolutely. it's about the future of fibe fiber -- wireless networks across the country. wireless depends on having a wire somewhere nearby. 95% of any wireless medications is a wire and as we move to more advanced ways of getting information to the air in some places call this five week vacation we are going to need to have competitive fiber and cheap price available in the neighborhoods and close to businesses and houses to which are new 5g devices particularly in urban areas can connect. to g
today we have in america for last mouth indications is a private utility. worst book world clearly necessary for everybody and very little competition because the companies have divided markets and no oversight. the book is about local efforts to overcome this a symmetry and to regain this idea of a nationally competitive united states we want to begin the book with this comparison to the history of electricity in the united states. you also talk about the hybrid model here in the us which is...
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Jan 14, 2019
01/19
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KNTV
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tell us, what's flexion for tne utility company? >> reporter: we just spoke with jerry hill who has been highly critical of pg and e after if pipeline explosion. he sees opportunity in this fil come out a better safer company. his concern is that the state tries to bail out the utility and that pg and e has not learned his lesson. there war lot of developments over the past 24 hours. the ceo stepped down this morning. utility announced it would be filing for chapter 11 protection in 15 days because it can't cover the more than $30 billion in potential liabilities for wild fires. they determined that pg and e started the north bay fires that killed 22 people and looking into whether the utilities responsible for the fire that killed 86 people. in a statement pg and e said that your gas and electric service will continue uninterrupted, that they will work to help address those wild firees we willork with regulators and still have access to capital to continue regular operations. >> they have just not considered for prioritized safety
tell us, what's flexion for tne utility company? >> reporter: we just spoke with jerry hill who has been highly critical of pg and e after if pipeline explosion. he sees opportunity in this fil come out a better safer company. his concern is that the state tries to bail out the utility and that pg and e has not learned his lesson. there war lot of developments over the past 24 hours. the ceo stepped down this morning. utility announced it would be filing for chapter 11 protection in 15...
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Jan 29, 2019
01/19
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KTVU
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we denounced the pg&e they allowed that the cpuc again is also enabling. >> reporter: for the utility reform network this is highly irregular especially with the specific terms of the deal and known. >> according to pg&e this is a huge emergency and they absolutely must have this bankruptcy filing by tomorrow. we do not see the emergency at all. we have no idea why the cpuc would agree to this game. they are supposed to be an opportunity for the public figure about this and comments on it . >> reporter: pg&e has borrowing authority of up to $6.1 billion . to raise that money it can sell off property. it can mortgage property. it can borrow money wherever it can borrow it by selling bonds and even sell preferred stock to people who want to get in on company equity. ktvu fox2 news . >>> a pg&e executive is receiving a nice pay raise despite the financial troubles. we found a filing with the sec that shows a $75,000 raise for a senior vice president of gas operations. he already receives $500,000 per year. the race will increase his total annual salary to $575,000. pg&e defended the race
we denounced the pg&e they allowed that the cpuc again is also enabling. >> reporter: for the utility reform network this is highly irregular especially with the specific terms of the deal and known. >> according to pg&e this is a huge emergency and they absolutely must have this bankruptcy filing by tomorrow. we do not see the emergency at all. we have no idea why the cpuc would agree to this game. they are supposed to be an opportunity for the public figure about this and...
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Jan 14, 2019
01/19
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BLOOMBERG
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ultimately, with the utility, the only value a utility has is in the promise by the regulators to letir revenues be high enough to recover their. now, what changed here is the cost suddenly went up 31 billion. they did not raise the rates 31 billion. ,he possibility that taxpayers through higher taxes, and maybe some rate increases at some point, it have to be involved to pay off this $30 billion. that is a realistic possibility, and/or the investors take a big haircut. how did the ratings agencies get so offsides here? molly: this is not something that is shocking. you see investors will come in that think ratings agencies are very well behind the market. they each have differing criteria for what is reason to act on a downgrade, or what is not. any of them would tell you that rumor, speculation of firing -- filing for bankruptcy, is not a cause to take ratings action. this is where it started earlier this month, when bloomberg reported that pg&e was considering firing -- filing for bankruptcy. expect a company to consider other options at this point. we see the s&p and movies have t
ultimately, with the utility, the only value a utility has is in the promise by the regulators to letir revenues be high enough to recover their. now, what changed here is the cost suddenly went up 31 billion. they did not raise the rates 31 billion. ,he possibility that taxpayers through higher taxes, and maybe some rate increases at some point, it have to be involved to pay off this $30 billion. that is a realistic possibility, and/or the investors take a big haircut. how did the ratings...
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Jan 29, 2019
01/19
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KTVU
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the california public utilities commission held an emergency meeting monday per the utility's request. the cpuc will allow pg&e to bar up to $10 million to continue operating. protesters at the meeting say that is not in the best interests of the public. we heard from both sides. >> this commission faces a substantial risk if public health and safety are impaired with potentially catastrophic results, if the company is not able to provide safe and reliable gas service and electric service to the public. >> we don't see the emergency at all. we have no idea why the puc would agree to this scheme. they are supposed to be an opportunity for the public to hear about this and comment on it. we don't really have that today. >> reporter: in response to filing for chapter 11, pg&e interim ceo john simon says, "we have heard the calls for change and we are determined to take action throughout this process to build the energy system our customers want and deserve. governor gavin newsom is also reacting to the announcement saying, "my administration will continue working to ensure that californi
the california public utilities commission held an emergency meeting monday per the utility's request. the cpuc will allow pg&e to bar up to $10 million to continue operating. protesters at the meeting say that is not in the best interests of the public. we heard from both sides. >> this commission faces a substantial risk if public health and safety are impaired with potentially catastrophic results, if the company is not able to provide safe and reliable gas service and electric...
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Jan 14, 2019
01/19
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KTVU
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the changes come after utility is reportedly considering filing for chapter 11 bankruptcy.he announcement could come as early as today. doing could potentially shield the utility from tens of millions of dollars in liability lawsuits stemming from the 2017 north bay wildfires and more recently the camp fire. the longtime critics say leadership changes are unacceptable first step bit more institutional change still needs to happen at the company. >> reporter: for too many years pg&e has placed profits over people. they have placed a financial bottom line, over safety and we cannot afford to do that anymore. >> reporter: what bankruptcy could mean for ratepayers is unclear. it is not clear how it could affect when we pay on our energy bills but nobody seems to be concerned about them turning the lights off. everyone seems to be richard pg&e will continue to provide electricity and gas for customers. governor gavin newsom released the statement saying i will be working with the legislature and all stakeholders on the solution that ensures that therfairly and california continu
the changes come after utility is reportedly considering filing for chapter 11 bankruptcy.he announcement could come as early as today. doing could potentially shield the utility from tens of millions of dollars in liability lawsuits stemming from the 2017 north bay wildfires and more recently the camp fire. the longtime critics say leadership changes are unacceptable first step bit more institutional change still needs to happen at the company. >> reporter: for too many years pg&e...
SFGTV: San Francisco Government Television
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Jan 21, 2019
01/19
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SFGTV
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so again, community options are being utilized. and not only are we able to move young people into the community, but we're also able to connect them to community programs and agencies. so log cabin ranch -- we'll move onto the next slide here. our log cabin ranch facility, as supervisor fewer stated, has been open for about 70 years. it is a staff secure facility. it is not a locked facility. it provides educational services that are administered by the san francisco unified school district. we've developed partnerships with vocational agencies that are providing construction training and other trades. we work very closely with the department of public health to provide clinical services, so many of our young people have experienced trauma. we know that many of them are experiencing violence in their communities, and we also know that many of these young people are self-medicating and in need of significant clinical intervention. so those partnerships have been strong with respect to the clinical services. but not only that, san f
so again, community options are being utilized. and not only are we able to move young people into the community, but we're also able to connect them to community programs and agencies. so log cabin ranch -- we'll move onto the next slide here. our log cabin ranch facility, as supervisor fewer stated, has been open for about 70 years. it is a staff secure facility. it is not a locked facility. it provides educational services that are administered by the san francisco unified school district....
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Jan 15, 2019
01/19
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KTVU
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mark tony from the utility reform network, the utility watchdog worries that a bankruptcy could land on the shoulders of customers. >> the bankruptcy judge puts creditors a comedy people owed money as of the top priority. how to pay them off. and ratepayers comedy people who pay the bills, we get stuck with it the bills. >> reporter: at the same time, customers and cities around the bay anne state are trying to figure out what chapter 11 reorganization will mean going forward governor gavin newsom saying some of the utility assets may become available for purchase.>> we are assessing whether or not the options include or a limited to the sale of the gas operations. the sale of key assets including the headquarters in san francisco. truck san francisco mayor london breed that she is a director the public utilities commission to look at what bankruptcy could mean for the city. could make way for the city to acquire some assets as part of clean power soft.>> if the opportunity presented itself whether purchase the sum of the facilities or equipment, those are things that we wanted to ex
mark tony from the utility reform network, the utility watchdog worries that a bankruptcy could land on the shoulders of customers. >> the bankruptcy judge puts creditors a comedy people owed money as of the top priority. how to pay them off. and ratepayers comedy people who pay the bills, we get stuck with it the bills. >> reporter: at the same time, customers and cities around the bay anne state are trying to figure out what chapter 11 reorganization will mean going forward...
SFGTV: San Francisco Government Television
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Jan 26, 2019
01/19
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SFGTV
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this is the meeting of the public utilities commission. it's tuesday january 22. roll call, please. >> clerk: vice president caen. >> here. >> clerk: commissioner kwon and courtney are excused and we have a quorum. >> good. next item. >> clerk: approval of the minutes of december 11, 2018. >> i vote approval. >> second. >> any public comment? hearing none all those in favor. >> aye. >> opposed? the motion carries. item 4, general public comment. i don't have any speaker cards. is there anyone who'd like to speak to any item not on today's agenda? next item, please. >> clerk: item 5 is communications. >> commissioner: commissioners? >> nothing, thanks. >> commissioner: nothing? i think i have something. under 5h, pleased to see we're doing so well with the sewer inspection so congratulations on that. you know that's one of my -- and also if -- you're not going comment on the water supply are you in item 5? [off mic] >> commissioner: on the chart that shows the snow pack it seems to be less than what i hear on news reports. is there a different type of snow that cre
this is the meeting of the public utilities commission. it's tuesday january 22. roll call, please. >> clerk: vice president caen. >> here. >> clerk: commissioner kwon and courtney are excused and we have a quorum. >> good. next item. >> clerk: approval of the minutes of december 11, 2018. >> i vote approval. >> second. >> any public comment? hearing none all those in favor. >> aye. >> opposed? the motion carries. item 4, general...
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Jan 29, 2019
01/19
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BLOOMBERG
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one of america's largest utilities falls to its knees.es for chapter 11 protection with $50 billion in debt. anding us now, molly smith manager, laleund topcuoglu. molly: this is what we call chapter 11 protection, giving the company some breathing room for creditors. we will try to restructure our debt and keep the lights on in california. wex: for the broader market, have seen downgrades of competitors, the whole sector got hammered in the debt market. will it be sector specific? lale: it tells you people focused on the wrong things. everybody has focused on the triple b's. this is what will tip them over. pg&e,ddenly have idiosyncratic risk and boom. we weren't too focused on the individual risks that were inherent in this industry. utilities are in this business, these things happen. how do you assess a legal liability? how do you pinpoint who is liable, especially in this extreme? they probably did the right thing by filing for bankruptcy. you hope somebody will swoop in and rescue you. investor, that is challenging. utilities gettin
one of america's largest utilities falls to its knees.es for chapter 11 protection with $50 billion in debt. anding us now, molly smith manager, laleund topcuoglu. molly: this is what we call chapter 11 protection, giving the company some breathing room for creditors. we will try to restructure our debt and keep the lights on in california. wex: for the broader market, have seen downgrades of competitors, the whole sector got hammered in the debt market. will it be sector specific? lale: it...
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Jan 30, 2019
01/19
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KRON
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the nation's largest utility is filing for chapter 11 bankruptcy. p-g- and- e says it will maintain services for customers during the process... but many are wondering... at what cost?(pam) while p- g -and- e claims ... chapter- 11 is what is best for everyone, detractors say, the filing is really only good for the utility... and bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean.. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those potential liabilities could reach into the billions of dollars... and while the utility says bankruptcy "will make sure that we have sufficient liquidity to serve our customers and support our operations and obligations." others say this will not benefit customers whatsoever. sot mark toney/ the utility reform net
the nation's largest utility is filing for chapter 11 bankruptcy. p-g- and- e says it will maintain services for customers during the process... but many are wondering... at what cost?(pam) while p- g -and- e claims ... chapter- 11 is what is best for everyone, detractors say, the filing is really only good for the utility... and bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean.. pacific gas and electric company filed for chapter 11 bankruptcy tuesday....
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Jan 31, 2019
01/19
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KPIX
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as a result he's ready to hold the utility company's feet to the fire on safety. today's hearing he told the company quote you keep coming in here saying safety is our first priority, safety is not your first priority. that violation also allows al to change the terms of pg&e's probation from the san bruno explosion. he told the utility those changes could be sweeping and they will certainly make every effort to avoid wildfire. >> he sent a loud message that he wants a solution. he wants people to collaborate on getting it right. he wants to do it immediately. >> the jump has yet to specify what he will require the utility to do. it could be as far reaching as inspecting its entire grid costing rate payers extra pg&e says. whatever it is, judge says the june 21st official start of fire season is going to play a prominent role in his mandates. in the meantime utility over sight groups want the maximum accountability possibility calling for the company to be put into receiver ship based on its past behavior. >> i am not convinced that the current management has show
as a result he's ready to hold the utility company's feet to the fire on safety. today's hearing he told the company quote you keep coming in here saying safety is our first priority, safety is not your first priority. that violation also allows al to change the terms of pg&e's probation from the san bruno explosion. he told the utility those changes could be sweeping and they will certainly make every effort to avoid wildfire. >> he sent a loud message that he wants a solution. he...
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Jan 1, 2019
01/19
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KRON
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she's outside the public utilities commision office with what this could mean... with pg&e under investigation for its possible involvment in recent deadly wildfires... federal prosecutors are warning the utility may have violated its probabation from the 2010 san bruno pipeline blast.that filing comes just days after the state attorney general told a federal judge pg&e could be prosecuted for murder and other criminal charges for wildfiresin the last two years if investigators find the utility recklessly operated its equipment. in a statement, pg&e said in part "... we are focused on assessing our infrastructure with the goal of further enhancing safety and helping protect all of the customers we serve from the ever-increasing threat of wildfires...meanwhile - state regulators say they are in the process of investigating pg&e's safety culture. the public utilities commission is also considering several options including breaking up the utlity and replacing members of its board and management. (ken) raiders are making some new starts with the new year. with their
she's outside the public utilities commision office with what this could mean... with pg&e under investigation for its possible involvment in recent deadly wildfires... federal prosecutors are warning the utility may have violated its probabation from the 2010 san bruno pipeline blast.that filing comes just days after the state attorney general told a federal judge pg&e could be prosecuted for murder and other criminal charges for wildfiresin the last two years if investigators find the...
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Jan 30, 2019
01/19
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KRON
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the filing is really only good for the utility... and that its bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean.. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those potential liabilities could reach into the billions of dollars... and while the utility says bankruptcy "will make sure that we have sufficient liquidity to serve our customers and support our operations and obligations." others say this will not benefit customers whatsoever. sot mark toney/ the utility reform network :36bankruptcy is a disaster for ratepayers becausewe will have to pay billions to get creditors payed the claims payed, we are now still paying for the 2001 pge bankruptcymark toney is with the utility reform network sotthe bankryuptcy filing by pg
the filing is really only good for the utility... and that its bad for both ratepayers and fire victims. kron 4's dan kerman explains what it could mean.. pacific gas and electric company filed for chapter 11 bankruptcy tuesday. in a statement p,g and e says the bankruptcy filing "will facilitate the orderly, fair and expeditious resolution of the liabilities that have arisen and will continue to arise in connection with the 2017 and 2018 northern california wildfires." those...
SFGTV: San Francisco Government Television
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Jan 30, 2019
01/19
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SFGTV
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just through the president to the chair of the budget committee, or to somebody from public utilities commission, and i think there is a good story here, but we should get it on the record, which is why is this retroactive? >> is there an answer? >> i see puc staff. >> hello, supervisors. michael himes, director of the clean power sf program for the san francisco public utilities commission. the agreement with pg&e before you is a service agreement for clean power sf that is required under state regulations to allow the city to operate the program. under the agreement, pg&e continues to provide distribution services, billing, collection of payment from our customers. the agreement -- the clean power sf was operating under an existing agreement which expired on december 31 of 2018. puc staff had negotiated a new agreement leveraging the existing terms and conditions after some discussion be the city attorney's office, decided to bring it to the board. we had not initially anticipated bringing it to the board given the fact that this agreement can only be entered into with pg&e and the
just through the president to the chair of the budget committee, or to somebody from public utilities commission, and i think there is a good story here, but we should get it on the record, which is why is this retroactive? >> is there an answer? >> i see puc staff. >> hello, supervisors. michael himes, director of the clean power sf program for the san francisco public utilities commission. the agreement with pg&e before you is a service agreement for clean power sf that...