Markets·October 13, 2026 at 11:27 AM EDT·3 sources
PG&E May Cut Power for 70,000 California Customers Over Wildfire Risk
PCG -2.7%
PCG · last 30 trading days-4.0% since the news
News
Potentially affected California homes and businessesMore than 345,000
Potential PG&E customers affected70,000
What happened
- PG&E may shut off power to 70,000 California customers beginning Wednesday evening to reduce wildfire risk.
- The potential shutoffs could affect more than two dozen counties, mainly in northern and central California, and continue through Saturday.
- More than 345,000 California homes and businesses face potential power cuts this week as dry, windy conditions persist. Two Bloomberg reports describe shutoffs as beginning and ramping up.
Potential PG&E customers affected
70,000
Potentially affected California homes and businesses
More than 345,000
Potentially affected counties
More than two dozen
Why it matters
The planned outages highlight operational and reliability risks for utilities and potential exposure to customers, insurers and infrastructure investors during severe wildfire conditions.
What to watch. Monitor whether PG&E expands or ends the shutoffs through Saturday as fire conditions develop.
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Timeline
- First reported by Utility DiveOct 13PG&E warns of more shutoffs as fire conditions continue threatening California grid
- Bloomberg reportsOct 13PG&E May Cut Power for 70,000 California Customers Over Wildfire Risk
- Insurance Journal reportsOct 15California Fire Danger Has Utilities Set for Broad Shutoffs
Sources (3)
- Utility DiveOct 13PG&E warns of more shutoffs as fire conditions continue threatening California grid
- BloombergOct 13PG&E May Cut Power for 70,000 California Customers Over Wildfire Risk
- Insurance JournalOct 15California Fire Danger Has Utilities Set for Broad Shutoffs
Related
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