So far, official blame has not yet been cast on Southern California Edison Co. for either blaze, with the events of Jan. 7 still under concentrated investigation. However, the fire that made ashes of Altadena appears to have begun under an Edison transmission tower in Eaton Canyon, which stretches into the San Gabriel Mountains north of town.
California officials want to reduce the financial credits that households with rooftop solar panels can earn for excess energy. "It's the utilities preserving their monopoly," says one homeowner.
PG&E would use the investment to modernize the grid, improve reliability, and prepare for increased electricity demand from sources such as electric vehicles and electric
Two pieces of legislation have been introduced in Sacramento that their authors say will help reduce rising utility bills across California and rein in profits collected by investor-owned utilities, such as PG&E and San Diego Gas & Electric.
PG&E estimates for every 1,000 MW of new electric demand from data centers it serves, customers may save between 1-2% on their monthly bill.
PG&E reports Q4 results in line with consensus, 2024 adjusted EPS up aided by higher investment, plans to support 5.5 GW of new data center demand.
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