PG&E Bankruptcy May Not Affect Community Choice Power
Thursday, JANUARY 24, 2019 VOLUME LVI, NUMBER 4 Your Local News Source Since 1963 SERVING DUBLIN, LIVERMORE, PLEASANTON, SUNOL PG&E Bankruptcy May Not Affect Community Choice Power By Ron McNicoll News reports indicate PG&E has such tremendous potential legal li- ability from wildfires that allegedly may have been caused by its power East Bay Community Energy (EBCE) doubts there would be any lines that the firm might not be able to survive financially, unless it ap- negative impact on its power delivery program, if PG&E files bankruptcy, plies for Chapter 11 bankruptcy protection. PG&E stock value has been according to EBCE CEO Nick Chaset. See Inside Section A dropping, because of the news. Chaset said that EBCE is working on an official statement about the The California Community Choice Association (CalCCA), a group Section A is filled with topic, but he told a reporter that the potential bankruptcy “would have that represents EBCE and other Community Choice Aggregation (CCA) information about arts, people, no meaningful impact on our program.” entities throughout the state, issued a statement on Jan. 14 about PG&E. entertainment and special events. “We go out and buy energy, and serve our customers with energy “CCAs are committed to providing reliable service, clean energy There are education stories, a sources,” said Chaset. EBCE does not necessarily have to buy power at competitive rates, and innovative programs that benefit people, the variety of features, and the arts generated by PG&E. In fact, one motivation for Alameda County su- environment and the economy in communities across California.
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