Markets
PCG

PG&E To Implement Public Safety Power Shutoff - Quick Facts

(RTTNews) - Pacific Gas and Electric Company (PG&E) confirmed the company is in the process of implementing a Public Safety Power Shutoff to approximately 597,000 customers in Northern and Southern Sierra, North Bay, Bay Area, Santa Cruz mountains, North Coast and Kern County. The intent of a Public Safety Power Shutoff is to prevent a catastrophic wildfire sparked by electrical equipment during extreme weather events.

PG&E said approximately 400,000 customers who were originally impacted by the Oct. 26 Public Safety Power Shutoff event remain without service as part of the subsequent Oct. 29 event.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

PCG

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More