KEY POINTS
- California’s power regulator could face a shake-up that could lead to sweeping changes for PG&E and other utilities.
- Gov. Gavin Newsom hinted about possible change coming to the California Public Utilities Commission during a meeting held last week in Sacramento, The Wall Street Journal reported Monday.
- The state regulator for power companies has come under criticism for failing to properly enforce a 2016 law requiring electric utility companies to have a wildfire action plan.
Brian Curtis, CEO of Concentric Power, a California-based energy technology firm featured on CNBC Article. “It’s sort of a once-in-30-year opportunity to re-regulate how things are going in California.”