“”The stress test was created by the legislature in SB 901, I think in an attempt to basically prevent the utilities from going into bankruptcy, and PG&E made the elective and fully voluntary choice to file for bankruptcy, undermining the entire purpose of this ratepayer funded bailout,” she said.”
-Utility Dive, PG&E foresees $600M or greater loss for Kincade Fire, files to securitize $7.5B in fire costs (May 4, 2020) read more