(Bloomberg) — PG&E Corp., the California utility giant forced into bankruptcy by two years of devastating wildfires, is carrying out the biggest planned blackout yet to keep power lines from sparking more blazes. Cutoffs began overnight Wednesday, with the first phase impacting about 513,000 customers.The company began cutting electricity as part of an orchestrated shutoff that will eventually plunge almost 800,000 customers into darkness across Northern California, including parts of Napa Valley and Oakland.The shutoff is a key strategy for preventing its power lines from sparking another deadly — and costly — conflagration. It’s largely unprecedented. Never before have California …read more
Source:: Yahoo Finance
