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“PG&E lenders offer $30 billion & new name to rebrand tarnished utility”

Ballast Roof Solar System

BY DALE KASLERJUNE 25, 2019 11:18 AM

“PG&E Corp.’s key lenders offered a $30 billion plan Tuesday to compensate wildfire victims, pull the utility out of bankruptcy — and give the tarnished company a new name.

The proposal, filed in U.S. Bankruptcy Court by PG&E’s major bondholders, would set aside $16 billion to $18 billion to pay claims on the 2017 and 2018 wildfires. While that’s well short of the $30 billion PG&E has estimated is needed to satisfy its wildfire liabilities, one advocate for wildfire victims called the proposal a promising step.” Read More Here…

You have every right to be upset about the upcoming power outages and dealing with yearly energy cost increases. AltSys Solar Inc. will explain to you how solar and battery storage will fight for you and win the rising utility cost war.

Everyone needs and is going to buy power, the time is now to invest in yourself and save on your electricity bills. Last year for the 30% tax credit and the long sunny days with the highest energy producing months are upon us.

Click the link below or call ☎️ (559) 688-2544 to get started…
https://www.altsyssolar.com/quote/

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PG&E restoring power after intentional shut-offs affect 20,500 customers

PG&E WorkerPhoto: Rich Pedroncelli / Associated Press 2018

Gwendolyn Wu and Matthias Gafni June 9, 2019 Updated: June 9, 2019 9:29 p.m.

“Pacific Gas and Electric Co. field crews began restoring power Sunday to approximately 20,500 customers in Butte and Yuba counties after the utility shut off electricity because of gusty winds and dry weather conditions.

More than half of the affected customers had electricity again as of 1:47 p.m. Sunday, according to PG&E, and by 4 p.m. all of Yuba County power had been restored.”

Everyone needs and is going to buy power, the time is now to invest in yourself and save on your electricity bills. Last year for the 30% tax credit and it is right before the long sunny highest energy producing months are upon us.

Click the link below to get started…
https://www.altsyssolar.com/quote/

CL#944549 C46 – C10

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Renewable energy to outpace coal for first time ever in US

Solar Roof Install

Phil Dzikiy – Apr. 30th 2019 10:54 am ET (https://electrek.co)

“Electrek’s Take – While the first chart in this article shows renewables and coal continuing to dance with each other over the next few years, so to speak, renewables are mostly on top. The IEEFA notes “renewable generation is catching up to coal, and faster than forecast.” An extended view would surely show renewables taking over for good at some point. This doesn’t seem to be a controversial statement — renewables are increasing every year while coal plants are being retired.

So while coal fades away, the next frontier will see renewables taking on natural gas, and perhaps even nuclear, which has re-entered the discussion in some circles recently as a way to provide more energy while cutting back emissions. (See this USA Today article today about some Democratic presidential candidates showing “openness” to expanding nuclear power.)”

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Solar Homes Sold for 4.1% More Than Others in Past Year

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By Kelsey Misbrener | April 16, 2019

Customers have asked many times about how much solar will increase their property value. In a recent article by Kelsey Misbrener from Solar Power World, we find out that Zillow did an analysis on homes sold with solar and found positive results!

“A new Zillow analysis shows homes with solar energy systems sold for 4.1% more on average than others nationwide in the past year. The sale premium varies by market — 5.4% in New York, 4.4% in San Francisco and 3.6% in Los Angeles, for example.”

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PG&E’s future rests on board picks, CPUC president says

By: Gavin Blade Date: March 29, 2019

“PG&E’s future rests on board picks, CPUC president says…Picker said he is concerned PG&E may select board members more concerned with financial performance than correcting a safety record that’s seen the utility’s equipment ignite multiple deadly wildfires in recent years.”

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Electricity costs from battery storage down 76% since 2012: BNEF

https://www.utilitydive.com/news/electricity-costs-from-battery-storage-down-76-since-2012-bnef/551337/?mc_cid=bb7ecb6c2f&mc_eid=9c15739d91

By: HJ Mai Date:March 26, 2019

“Meeting the morning and evening peaks of electricity demand has been a challenge for solar and wind energy, given their intermittent nature. As a result, technologies capable of delivering energy whenever the grid needs it, such as open-cycle gas turbines and gas reciprocating engines, had a competitive advantage, according to the report. This advantage is now disappearing.”

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California Lawmakers Grapple With Risks and Uncertainties of PG&E’s Bankruptcy

By: JEFF ST. JOHN MARCH 11, 2019

Photo Credit: Shutterstock.com

“Pacific Gas & Electric’s bankruptcy has become California’s most pressing policy crisis, forcing Gov. Gavin Newsom, state lawmakers, utility regulators and other key energy stakeholders to consider radical alternatives for the state’s largest utility in the face of its multibillion-dollar wildfire liabilities.”

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Starting March 2019, California Energy Price Increase TOU Weekdays 4pm-9pm

Photo Credit: REED SAXON/THE ASSOCIATED PRESSREED SAXON/THE ASSOCIATED PRESS

Photo Credit: REED SAXON/THE ASSOCIATED PRESS California’s Big Idea

For Cutting Emissions: Making You Pay More For Energy

By Rebecca Beitsch
02/19/2019 02:56 pm ET

“Starting in March, the state’s utility regulator will require major utilities to increase prices during the hours when electricity is in high demand and lower prices the rest of the time — a change that’s expected to affect some 6 million households. “

Read More here…

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My turn: Here’s how rooftop solar can combat wildfires

RoofTop Solar

Guest Commentary | Feb. 13, 2019 | CLIMATE CHANGE, COMMENTARY, ENVIRONMENT, MY TURN, WILDFIRE

” Local solar power paired with batteries can provide reliable energy and keep electricity running for communities in need, particularly at times when a power line needs to be turned off for safety reasons. This technology might also reduce the chances of electric sparks on overhead lines, which could result in dangerous wildfires.”

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Rules utility violated its felony probation

Solar Shade Structure

By Matthias Gafni | mgafni@bayareanewsgroup.com and John Woolfolk | jwoolfolk@bayareanewsgroup.com | Bay Area News Group

“The finding sets the stage for the judge to add additional and costly terms to Pacific Gas & Electric’s criminal probation for the deadly pipeline blast — requirements such as inspections and tree trimming the utility says could cost billions of dollars and lead to customer rates rising five-fold.”

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