PG&E Proposes $11.4 Billion Undergrounding of Power Lines on Central Coast
- Reports
- 3
- Developments
- 1
- Repetition
- 67%
New informationRepeats or wire copies
What happened
Pacific Gas and Electric Company is proposing to place nearly 500 miles of power lines underground across the Central Coast as part of its 10-year undergrounding plan filed with the California Office of Energy Infrastructure Safety. This effort aims to improve service reliability and reduce wildfire risk. The proposal carries an estimated cost of $11.4 billion, with the utility projecting long-term benefits exceeding $117 billion.
From ksby.com
Why it matters
The project involves a massive capital investment by Pacific Gas and Electric Company to upgrade infrastructure in high fire-risk areas. The utility estimates that customers could save about $6 billion over time through reduced maintenance and operating costs. The proposal is subject to regulatory oversight by the California Public Utilities Commission.
From ksby.com
Who's involved
- Pacific Gas and Electric CompanyThe American utility company proposing the infrastructure changes.
- Santa Cruz CountyA county in California where 157 miles of lines would be undergrounded.
- Santa Barbara CountyA county in southern California where 81 miles of lines would be undergrounded.
- Central CoastThe region in California that encompasses the scope of the proposed infrastructure project.
- Monterey CountyA county in California where 139 miles of lines would be undergrounded.
- California Public Utilities CommissionThe state government agency that provides formal regulatory oversight to Pacific Gas and Electric Company.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Santa Cruz CountySpeculative
Local governance in Santa Cruz County might face increased costs related to infrastructure review and planning.
- Santa Barbara CountySpeculative
The local economy in Santa Barbara County could see changes in demand for utility services and related construction jobs.
- Monterey CountySpeculative
The infrastructure upgrade in Monterey County could potentially lower long-term operational costs for residents and businesses.
- Central CoastSpeculative
Businesses across the Central Coast might benefit from improved service reliability and reduced outage costs.
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The entities involved
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Pacific Gas and Electric Company
American utility company
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Santa Cruz County
county in California, United States
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Santa Barbara County
county in southern California, United States
Related events
- PG&E is monitoring wind events and potential Public Safety Power Shutoffs (PSPS) in Northern California, the Sierra region, and specific locations like El Dorado and Colusa.
- PG&E is providing operational updates regarding wildfire safety in the Sierra region and North Valley.
- PG&E provides electricity to customers in California, and Patti Poppe commented on the post-earnings call regarding the company's operations.