Watchdog: PUC Must Go After Giving $6 Billion Credit Line To PG&E Pre-Bankruptcy, Raising Rates
Los Angeles, CA -- Consumer Watchdog called for the ouster of the California Public Utilities Commission over its decision late Monday to extend a $6 billion credit line to Pacific Gas & Electric in an unneeded emergency process that allowed no time for scrutiny. The unprecedented vote makes it easier for PG&E to go into bankruptcy today and avoid accountability to wildfire victims, ratepayers and taxpayers.