PG&E has received more than $12 billion of equity backstop commitments to support the settlement.
The update further details and strengthens the escalation of requests and coordination of mutual assistance resources with the electric industry national mutual assistance programs, which bring resources throughout the United States to New York in the event of widespread electric outages.
The opposition argued that PG&E's $11 billion settlement with a group representing about 110 insurers that have already paid claims in the fires threatens to shortchange uninsured and underinsured victims. Critics also say the deal would give the company an unfair advantage to gain support for its deeply flawed reorganization plan.
Crews were working in New Jersey Wednesday to restore electricity to 26,127 homes and businesses that lost service during a snowstorm, but it may be late Friday night before all have their power back, Jersey Central Power & Light said.
The electrical engineering professor at Texas A&M University figured he might save a life if his creation could prevent someone from being electrocuted by a downed live wire.
Indiana electric utilities reported more than 44,000 customers without service late Wednesday morning. They include 15,000 served by Duke Energy and more than 13,000 served by Indianapolis Power & Light.
Utilities say there’s no one best way to safeguard the millions of miles of U.S. power lines and that doing so would cost many billions of dollars — $3 million for a single mile of power lines by some estimates. Critics counter by pointing to the at least equally great economic costs of outages and utility-sparked wildfires. Estimated property losses for a single such wildfire, a California blaze that killed 85 last year, reached $16.5 billion.