Los Angeles Times-
A state lawmaker is making a move to turn Pacific Gas & Electric into a public utility, a potentially dramatic shift that would end decades of corporate control over California’s largest power company.
State Sen. Scott Wiener (D-San Francisco) said Monday that he would introduce legislation this week aimed at revoking the 115-year-old company’s authority to serve its territory and directing the state to assume control.
“PG&E is a failed utility with a track record of prioritizing profits over safety,” Wiener said in a statement. “It’s time for a new start: A utility focused not on Wall Street and shareholder profits, but rather on safety, reliability, affordability, and ratepayers.”
