Pacific Gas and Electric (NYSE:PCG)
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1 Month : From Oct 2019 to Nov 2019
By Josh Beckerman
PG&E Corp.'s (PCG) utility arm Pacific Gas & Electric said it "may need to proactive turn off power" in parts of 15 counties due to a "dry, offshore wind event."
The company said a potential shutoff may start Wednesday evening and may affect about 209,000 customers in the Sierra Foothills and the North Bay.
The potentially affected counties are Amador, Butte, Calaveras, El Dorado, Lake, Mendocino, Napa, Nevada, Placer, Plumas, San Mateo, Sierra, Sonoma, Sutter and Yuba.
San Jose is proposing turning PG&E into a customer-owned utility amid frustration about the blackouts, which are intended to reduce fire risks.
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(END) Dow Jones Newswires
October 21, 2019 20:09 ET (00:09 GMT)
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