#Breaking: The CPUC Public Advocate's office is recommending a $165M fine against PG&E for the company's Fall 2019 power shutoffs/#PSPS. The bulk of the proposed fine stems from 1,500 customers with medical needs getting no advanced notice about the shutoffs from PG&E.
The advocate's office notes that critical facilities like hospitals and fire depts also got no notice from PG&E, nor did tens of thousands of others.
All told, 1.7 million customers (that's maybe 5M people) lost power. The advocate's office provided this chart for comps @kqednews
PG&E has acknowledged problems with notifying customers during the 2019 power shutoffs, but has called its efforts in 2019 "effective, appropriate, and reasonable." It says penalties aren't warranted.
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Interim CFO Chris Foster said that increase in costs "reflects a final adjustment...
...required to the fair value of the equity backstop fee based on the share price at the beginning of July."
On September's #ZoggFire:
An analyst on the call asked why PG&E hadn't cut power where the fire sparked. Foster: "the wind speeds in those areas didn't meet the general..
..requirements we have in place."
Wind speeds near where the Zogg Fire started were 15mph, with 32mph gusts
PG&E's PSPS standard is 25mph, with 45mph gusts, said Foster. Wind speeds are just one factor in PSPS decisions, along with humidity and others.