California’s top energy regulator is planning to examine PG&E Corp.’s corporate structure and governance, with an eye toward determining if the state’s biggest utility owner should be broken up.
“Is there a different model to ensure that we have safe and reliable electric service?” California Public Utilities Commission President Michael Picker said during a meeting Nov. 29. “If we have a better option to achieve these goals, we have to consider it. ”
Picker emphasized that he’s just asking questions now, and hasn’t drawn any firm conclusions.
The comments came as the commission voted to order PG&E to adopt recommendations...