California electric company PG&E to pay $65M settlement over claims it falsified records

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California's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines. The penalty will come at the expense of PG&E shareholders, but not its customers, according

California's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines.

The commission uncovered 67 cases where crews struck underground lines while excavating, and concluded “the threat of physical and economic harm associated with each of the violations makes them severe,” the San Francisco Chronicle reported, referencing the settlement document. “The events that took place were unacceptable,” company officials told employees in a note obtained by ABC10. “We take responsibility for not living up to our commitment to accurate reporting and record-keeping in this case.” PG&E also admitted to failing to address the problem between 2012 and 2017, despite concerns raised by many of its supervisors, according to ABC 10.

 

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Electric company PG&E to pay $65M over claims it falsified recordsCalifornia's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines. This company is one destruction after another just waiting to happen. Investigate PGE4Me they are always in trouble because they’re a good ol’ boy network who only hires relatives and friends with no experience, majority white. The mark & locate crew consists of nepotism and cronyism hires. Contractors who are experienced, and of color get passed.
Source: ABC - 🏆 471. / 51 Read more »