Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Tuesday, October 6
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Utilities»Gavin Newsom calls on SoCal utilities to bury their power lines
    Utilities

    Gavin Newsom calls on SoCal utilities to bury their power lines

    March 3, 20251 Min Read


    California Gov. Gavin Newsom on Thursday directed the two utilities serving the communities devastated by the Los Angeles fires to prioritize burying their power lines as they rebuild.

    What happened: Newsom, a Democrat, wrote to Edison International President Pedro Pizarro as well as to Los Angeles Department of Water and Power CEO Janisse Quiñones and Los Angeles Mayor Karen Bass asking them to underground new electric distribution equipment in the areas affected by the Los Angeles fires.

    “It is critical this plan incorporates the undergrounding of new electric distribution equipment to the extent feasible and should also consider how this work can be done most cost-effectively and quickly,” Newsom wrote of Southern California Edison’s plan to reconnect customers in Malibu and Altadena.

    Why it matters: Undergrounding power lines is viewed as the best way to prevent utility-sparked wildfires like the Woolsey Fire, the Zogg Fire and the Thomas Fire that have devastated communities and damaged utilities’ bottom lines in recent years, driving Pacific Gas & Electric into bankruptcy in 2019 after the Camp Fire.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleWhat the changes to IHT reliefs mean for UK residents and non-doms
    Next Article Big policies, bigger market moves?

    Related Posts

    Utilities

    Utilities are public services – and should not be run as businesses | Utilities

    October 2, 2026
    Utilities

    Reducing VPP risk for utilities, participants and other ratepayers

    October 2, 2026
    Utilities

    Utilities stocks face worst quarter since pandemic amid data center concerns

    September 30, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Goldman Sachs Revises its Recession Forecasts: Bad News for Bitcoin?

    August 21, 2024
    Finance

    Visa Sees Embedded Finance as Key to B2B Commerce Evolution

    July 18, 2024
    Stock Market

    Tesla stock is down for 8 straight weeks. The market is overreacting.

    March 19, 2025
    What's Hot

    European stocks climb amid hopes for progress in U.S.-Iran talks By Investing.com

    April 14, 2026

    Bitcoin Could Deliver 25x ROI by 2026 as VET and WLD Gain Analyst Backing

    September 7, 2025

    How a Kamala Harris candidacy could wreak havoc on the stock market: ‘She’s not stable’

    July 21, 2024
    Most Popular

    Analyst outlines opportunities in U.S. utilities sector

    November 19, 2025

    Magic Eden Shifts Focus From NFTs to Casino Platform

    March 1, 2026

    China injects ‘tactical’ monetary stimulus ahead of key US trade meeting

    May 6, 2025
    Editor's Picks

    Sensex, Nifty 50 | Stock Market Highlights: Sensex ends 1000 pts lower, Nifty 50 slips below 23,900; all sectors in red

    April 23, 2026

    Fed Rate Cut Hopes Rise: Bitcoin Price Doesn’t Follow

    September 7, 2025

    Stock Market Today: Dow and S&P rise as Nasdaq wobbles and Treasury yields slip. Apple stock down, Netflix earnings ahead.

    January 21, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.