PG&E Substation Fire Triggers Massive San Francisco Outage, Impacting Over 130,000 Customers
Bearish
-50.0
PG&E Corp. (NYSE:PCG) experienced a major power outage on Saturday, affecting more than 130,000 customers across San Francisco following a fire at the utility’s substation at 8th and Mission.
Check out the current price of PCG stock here.
Outage Escalates Throughout Day
The PG&E Outage Center initially reported the outage impacting 24,842 customers. A few minutes later, PG&E informed NBC Bay Area that 39,520 homes in Richmond, Sunset, Presidio, Golden Gate Park, and portions of downtown were affected by the outage.
At 4:30 p.m., the outage had left 130,000 customers without service.
The California-based energy holding company stated on X that it was working with first responders and city officials on the ...Full story available on Benzinga.com
Check out the current price of PCG stock here.
Outage Escalates Throughout Day
The PG&E Outage Center initially reported the outage impacting 24,842 customers. A few minutes later, PG&E informed NBC Bay Area that 39,520 homes in Richmond, Sunset, Presidio, Golden Gate Park, and portions of downtown were affected by the outage.
At 4:30 p.m., the outage had left 130,000 customers without service.
The California-based energy holding company stated on X that it was working with first responders and city officials on the ...Full story available on Benzinga.com
Pulse AI Analysis
Pulse analysis not available yet. Click "Get Pulse" above.
This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.