(Bloomberg) — It was a once-unthinkable move: purposely shutting off power to millions of people and plunging a major metropolitan area into darkness.And yet, come Wednesday, utility PG&E Corp. plans to shut electricity to 800,000 California homes and businesses — representing roughly 2.4 million people — to prevent wildfires as high winds are forecast to whip through the state. The outages will hit 34 counties, including much of the San Francisco Bay area, triggering a scramble by residents to prepare for what may be days without power.For PG&E, forced into bankruptcy by devastating fires that its equipment has ignited over …read more
Source:: Yahoo Finance
