Who owns pge

Freeman proposes creating a new state agency to take over all transmission systems in California and tasking it with making the infrastructure safe and reliable.

I think we need to be thinking of the electric delivery system as perhaps even more important than our highways. Utilities would continue to run the business of selling electricity. This problem is going to encompass everybody as time goes on. Decades of litigation ensued. Only in the late s did the Sacramento Municipal Utilities District begin operations.

The initiative would have made municipal power authorities harder to establish by requiring cities and counties to win two-thirds approval before spending public money to start or join a public power agency. A white paper conducted by Concentric Energy Advisors outlines rebuttals to both municipalization and cooperatives, citing high debt and high customer rates. Newsom made multiple takeover threats during an appearance at the Public Policy Institute of California last week.

Time is running short. Sometime in July, it will lose its month exclusive right to propose a reorganization plan in bankruptcy court. In that unlikely scenario, the court could look to competing reorganization plans from wildfire victims to bondholders.

We want to hear from you. Want to submit a guest commentary or reaction to an article we wrote? Today's Range. Key Developments. Key Metrics. All Listings. The Company's primary operating subsidiary is Pacific Gas and Electric Company the Utility , which operates in northern and central California. The Utility is engaged in the sale and delivery of electricity and natural gas to customers.

The Utility generates electricity and provides electricity transmission and distribution services throughout its service territory in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides bundled services electricity, transmission and distribution services to various customers in its service territory.

The Utility owns approximately 18, circuit miles of interconnected transmission lines operating at voltages ranging from 60 kilovolt kV to kV. It also operates 35 electric transmission substations with a capacity of approximately 66, megavolt ampere MVA. Electric Utilities. Contact Info. PO Box United States. Executive Leadership. Robert C.

Independent Non-Executive Chairman of the Board. Patricia K. Find out more about this system. Our hydroelectric system provides safe, reliable and clean energy. The history of this hydroelectric network dates back to the California Gold Rush. Learn more about our hydroelectric system. Learn more about the plant.