Carving Up PG&E: Cities and Others Offer Their Two Cents
- Some officials ask state to create a "wires only" utility
- PG&E doesn’t dismiss idea but offers defense of big utilities
Photographer: Justin Sullivan/Getty Images
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Plenty of people, it seems, have plans for PG&E Corp.
Even before the California utility giant filed for bankruptcy facing $30 billion in potential liabilities from wildfires, state regulators began studying whether it needed to be reformed, restructured or even taken over by the government. They asked interested parties -- city officials, unions, consumer groups and trade associations -- to chime in.