World News (12)
USA (335)
California (187)
Bay Area (11)
San Francisco (340)
PG&E (149)
2001
Business (18)
Accidents (4)
Politics (1)
PG&E, January 2001
PG&E, February 2001
PG&E, March 2001
PG&E, April 2001
PG&E, May 2001
PG&E, June 2001
PG&E, July 2001
PG&E, August 2001
PG&E, September 2001
PG&E, October 2001
PG&E, November 2001
PG&E, December 2001
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| Jan.11 |
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1,000 to be Laid Off at PG&E Move amounts to cost saving measures resulting from the company's cash shortage
| Jan.17 |
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Rolling Blackouts Start Stoplights went dark, store owners turned to pocket calculators, students were trapped on elevators
Gov. Gray Davis declared a state of emergency. The outages affected 400,000 customers for between 60 and 90 min. at a time. The blackouts lasted about 2 hours, ending at 1:40 p.m. PG&E defaulted on paying $76 million to holders of the a form of short-term debt
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| Mar.16 |
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PG&E gets $1.2 billion tax refund Company will hand over the money to its bankrupt utility
| Mar.19 |
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Blackouts Are Back Rolling blackouts affected PG&E customers in blocks 9 – 13
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| Apr.6 |
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PG&E files for bankruptcy California's largest utility voluntarily filed for Chapter 11. It had run up an $8.9 billion deficit
Pacific Gas and Electric Co debts are increasing by $300 million a month. The bankruptcy filing does not affect the utility's parent company, PG&E Corp. It's the third-largest bankruptcy in U.S. history. PG&E has 15 days to complete its bankruptcy paperwork. The governor called the decision 'a real slap in the face to California'
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| Apr.7 |
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PG&E bonuses before bankruptcy Utility awarded 6,000 bonuses and raises to mid-level managers and other employees hours before filing for Chapter 11 | |
| Apr.8 |
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Bankruptcy timed to shift blame PG&E insiders say the bankruptcy filing was timed to put maximum blame on Gov. Davis
| Apr.15 |
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PG&E demanded no regulation Company asks to be cut free from regulation and be allowed huge rate increases, 2 weeks before negotiations broke off
| Apr.26 |
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PG&E has 10,000 creditors
| Apr.28 |
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Resident received $9,700 PG&E bill K. Long have a big house and a pool to keep warm. She was not charged for four months
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| May.2 |
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$10 billion PG&E lawsuit dismissed A federal judge dismissed a lawsuit in which utility sought $10 billion from California ratepayers
| May.3 |
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PG&E asks court to stop ISO bills Utility has asked bankruptcy judge to stop the power grid manager from charging for expensive last-minute electricity
| May.4 |
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PG&E could sell dams Utility may decide to sell its power-generating dams instead of power lines
| May.25 |
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PG&E asks to approve bonuses Company asks bankruptcy judge to approve $25.5 million in worker bonus and severance packages
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| Jun.15 |
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Manhole fire causes power loss Underground fire in knocked out power to about 13,000 PG&E customers in the Lake Merritt area
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| Jul.3 |
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PG&E asks for more time Company asked Bankruptcy Court for 4 more months to file a plan of reorganization
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| Aug.1 |
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PG&E quarter profit triples Company earned $750 million, or $2.07 cents per share
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| Sep.20 |
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PG&E would spin off transmission Under plan filed in Bankruptcy Court PG&E splits from its parent company and generates services as part of reorganization
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| Nov.5 |
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PG&E's earnings triple
| Nov.6 |
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Measures to replace PG&E go down 2 measures that would allow the city to seize transmission lines and plants have been rejected
| Nov.17 |
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Concern over power plant Advocacy groups have filed an appeal over the decision to grant PG&E an unprecedented amount of pollution credits
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| Dec.2 |
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Power Outages 20,000 affected by weather-related outages in the Bay Area
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