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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PG&E Corporation | NYSE:PCG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.035 | 0.20% | 17.705 | 17.765 | 17.655 | 17.74 | 1,116,406 | 15:17:55 |
By Stephen Nakrosis
Pacific Gas and Electric Company, a subsidiary of PG&E Corp. (PCG), said Wednesday enhanced safety inspections in high-fire threat areas in California were carried out over the past six months.
The utility said as of the end of May, it completed visual inspections of about 99% of its distribution infrastructure, and visual or aerial inspections were conducted on about 98% of its transmission infrastructure in high-fire threat areas.
PG&E also said the Caribou-Palermo transmission line, which has been out of service since December 2018, has been permanently de-energized. The line had been identified as an ignition point of the 2018 Camp Fire, which was the deadliest wildfire in state history.
The utility will replace 10 of 11 towers in high-fire threat areas on the Ignacio-Alto-Sausalito transmission line, it said.
The utility said more than 2,000 PG&E employees and contractors carried out the inspection work and have been integrating new technologies that will continue to be used by the company.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 19, 2019 16:38 ET (20:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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