Given The Forecasted Strong Northerly Winds And Current Dry Vegetation Conditions, Pacific Gas And Electric Has Sent Advanced Notifications To Customers In Targeted Areas Where Power May Need To Be Proactively Shut Off For Safety To Reduce Wildfire Risk.
Portfolio Pulse from Benzinga Newsdesk
Pacific Gas and Electric (PCG) has issued advanced notifications to customers in specific areas about potential proactive power shutoffs. This measure is in response to forecasted strong northerly winds and dry vegetation conditions, aiming to reduce wildfire risk.
October 17, 2024 | 11:46 am
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Pacific Gas and Electric is considering proactive power shutoffs in certain areas due to strong winds and dry conditions to prevent wildfires.
The proactive power shutoffs are a safety measure to prevent wildfires, which is a responsible action by PCG. However, it may not have a significant immediate impact on stock prices as it is a precautionary measure and part of their regulatory compliance.
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