PG&E Begins Shutting Off Power to More Than 2.5 Million People

(Bloomberg) — PG&E Corp. began cutting power to more than 2.5 million Californians in the state’s largest deliberate blackout ever.The bankrupt utility giant is shutting off the lights in phases to about 940,000 homes and businesses across Northern California — including parts of Oakland, Berkeley and other ares around San Francisco — as it tries to keep power lines from igniting wildfires during the strongest wind storm in years. The shutoff will hit almost a fifth of the utility’s total customers, and the company said it expects most to have power restored on Monday morning. San Francisco is expected to …read more

Source:: Yahoo Finance

      

Did you enjoy this article? Join our FREE Newsletter!
I agree to have my personal information transfered to MailChimp ( more information )
Join over 100,000 investors and business leaders worldwide. Get the latest actionable business and investing intelligence before the rest of the crowd.
We hate spam. Your email address will not be sold or shared with anyone else.