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Anthony Earley

Investigators Propose Penalties for PG&E Over Explosion

California investigators proposed Monday that PG&E Corp. (PCG) pay penalties of $1.25 billion for violating federal and state safety rules prior to the fatal 2010 pipeline explosion in San Bruno, Calif.PG&E would pay the penalties in the form of covering many of the costs of pipeline-safety improvements that state regulators already ordered last December, according to the proposal filed by the state Consumer Protection and Safety Division.The proposed penalties would come on top of $1 billion that the company already has spent to improve safety on its natural-gas pipeline system, according to the proposal. Added together, the total bill for PG&E would be $2.25 billion, state attorneys said.The penalty would be the largest ever imposed by a state regulator, the California Public Utilities Commission said in a statement disclosing the proposal.The Consumer Protection and Safety Division, which is housed at the utilities commission, did not propose that the commission levy any fines again...

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