CPUC Vote On PG&E Bankruptcy Delayed As Ratepayers Rail

Law360, San Francisco (May 21, 2020, 8:52 PM EDT) -- The California Public Utilities Commission heard Thursday from Pacific Gas and Electric Co. customers urging it to reject the utility's bankruptcy plan, but the agency delayed its scheduled vote on the plan due to an outside communication it received during a mandated quiet period ahead of its decision.

The commission postponed its vote on PG&E's $58 billion reorganization plan — which includes a $13.5 billion settlement with Northern California wildfire survivors — until May 28, the same day the bankruptcy court is set to hold a confirmation trial.

The postponement came after the CPUC received prohibited outside communication from a wildfire survivor...

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