[author: Chris A. Paul]
Pacific Gas & Electric Co. will pay the city of San Bruno, California, $70 million to help it recover from the September 9, 2010, explosion of a PG&E pipeline. The gas pipeline explosion killed eight people and damaged about 100 residences.
The $70 million payment is in addition to the PG&E’s commitment to fund replacement and repair of the city’s infrastructure and other costs related to the accident and restoration of the damaged neighborhood. The utility will not seek to recover the contribution through insurance or customer rates. The payment is also in addition to fines, penalties, or the results of any civil suits related to the accident. See related note on fines for records issues.
