Audit: California Utility Didn’t Spend $50M For Safety
An audit says Pacific Gas and Electric Co. did not use $50 million intended to improve its gas pipeline network in the decade leading up to a deadly explosion in a San Francisco Bay area suburb.
The audit by Leawood, Kan.-based Overland Consulting for the California Public Utilities Commission was reported by the San Francisco Chronicle.
According to the Chronicle, PG&E from 1999 to 2010 regularly failed to use all the money it collected from ratepayers to fix and maintain small gas lines that deliver natural gas to homes and businesses.
PG&E spokeswoman Brittany Chord says the utility disputes some of the findings and has spent more than it received from customers in recent years for system improvements.
The 2010 blast in San Bruno killed eight people.
- ‘Door Knocker’ Roofers Were Everywhere. NC Farm Bureau Saw an Opportunity
- Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
- Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft
- CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases