Friday, March 25, 2011
PG&E Corp Fined $6 Million by Calif Public Utilities Commission
PG&E also agreed to do safety tests on pipelines that run through populated areas if records are missing, and to replace them if necessary. And it will continue to search for records to verify that all pipelines are being operated at safe pressures.
The California Public Utilities Commission said it would suspend $3 million of the fine if PG&E met all deadlines and finishes the work by August 31. The fines were to be paid with corporate money and will not be passed on to ratepayers, according to the agreement. (WSJ, 3/24/2011)