Dubroff: California’s utilities may have finally lost their utility

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Dubroff: California’s utilities may have finally lost their utility

By Henry Dubroff / Friday, November 23rd, 2018 / Comments Off on Dubroff: California’s utilities may have finally lost their utility

Henry Dubroff What is the utility of an investor-owned utility? That is a question that both PG&E and Edison face after another round of devastating wildfires has raised questions about whether future liabilities could far exceed shareholder value. In recent days the shares of both PG&E and Edison have tumbled due to concerns about liability…

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