NewsCalifornia News

Judge OKs $58B plan to end PG&E bankruptcy after wildfires

PG&E HEADQUARTERS
Add KERO as a Google Preferred Source

SAN FRANCISCO, Calif. — (AP) — A U.S. judge has approved Pacific Gas & Electric’s $58 billion plan to end its contentious bankruptcy.

The nation’s largest utility had faced dozens of lawsuits after its outdated equipment ignited a series of wildfires in California that killed more than 100 people and wiped out entire towns.

Friday's decision clears the way for the nation’s largest utility to pay $25.5 billion for losses from devastating fires in 2017 and 2018.

The settlements negotiated during the 17-month bankruptcy case include $13.5 billion earmarked for more than 80,000 people who lost family, homes and other property in the fires.

Bakersfield, CA

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

TuesdayTue

11/10/2026

Sunny

77° / 50°

0%

WednesdayWed

11/11/2026

Sunny

81° / 54°

3%

ThursdayThu

11/12/2026

Mostly Sunny

83° / 55°

0%

FridayFri

11/13/2026

Partly Cloudy

72° / 55°

24%

SaturdaySat

11/14/2026

AM Showers

65° / 49°

33%

SundaySun

11/15/2026

Partly Cloudy

68° / 50°

8%

MondayMon

11/16/2026

Showers

59° / 47°

66%

TuesdayTue

11/17/2026

AM Showers

58° / 44°

35%