Novato experiences city-wide power outage after storm knocks down power lines, trees [CBS News]
Pacific Gas & Electric Co. (PCG)
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Source: CBS News
The outage was caused by a storm with high winds that arrived in the Bay Area Friday night, leaving multiple downed wires and trees, flooded roads, and inoperable traffic signals in Novato, according to the police advisory. Police asked residents to stay home, avoid travel if possible, and only call 911 in an emergency. Road conditions are dangerous because of debris and fallen limbs. PG&E's live outage map showed 7,440 customers affected as of 11:10 a.m. According to a PG&E spokesperson, there were about 30,000 customers in Marin County without power as of 11:20 a.m. The storm left more than 150,000 customers around the Bay Area and Central Coast without power, including major outages in the counties of Alameda, Santa Clara, Santa Cruz, and Monterey. Outages were reported in every Bay Area County, as the storm dumped between 1-3 inches of rain in most parts of the region, with wind gusts forecast as high as 55 mph, according to the National Weather Service. Featured Loca
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- CPUC approves $723 million in ratepayer costs to extend life of Diablo Canyon nuclear plant [Los Angeles Times (CA)]Los Angeles Times
- PG&E Co. (NYSE: PCG) had its price target lowered by analysts at UBS Group AG from $26.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- US watchdog recommends Energy Department halt loans to green projects [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 11/7/24 - Beat
PCG
Sec Filings
- 12/12/24 - Form 144
- 12/6/24 - Form CERT
- 12/5/24 - Form 8-A12B
- PCG's page on the SEC website