CalCCA Statement on PG&E Bankruptcy Announcement
FOR IMMEDIATE RELEASE: January 14, 2019
Press Contact: Leora Broydo Vestel
(415) 999-4757 | leora@cal-cca.org
Concord, Calif. – With Pacific Gas & Electric (PG&E) facing billions of dollars in potential wildfire liabilities the investor-owned utility has announced it is on the verge of filing for protection under Chapter 11 of the U.S. Bankruptcy Code. Today, the California Community Choice Association (CalCCA) issued the following statement:
“Community Choice Aggregators (CCAs) are committed to providing reliable service, clean energy at competitive rates, and innovative programs that benefit people, the environment and the economy in communities across California. They are closely monitoring any developments related to PG&E’s financial situation and are in the process of evaluating potential impacts on CCA customers and operations.”
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About CalCCA: The California Community Choice Association supports the development and long-term sustainability of locally-run Community Choice Aggregation (CCA) electricity providers in California. There are currently 19 operational CCA programs in California serving an estimated 8 million customers.
For more information about CalCCA, visit www.cal-cca.org.