PG&E: San Bruno blast to cost twice prior estimate
SAN FRANCISCO – Pacific Gas & Electric Co.'s parent company says costs related to September's deadly pipeline explosion in San Bruno will be twice as high as the company previously expected.
The blast left eight dead, dozens injured and 55 homes uninhabitable. In financial statements released Thursday, PG&E Corp. said indirect related costs will rise to between $200 million and $300 million, up from a prior estimate of $100 million to $150 million.
The California Public Utilities Commission has ordered the company to produce records of inspections across its network to verify the safety of its natural gas pipelines in the wake of the San Bruno explosion and fire.
A spokesman says the company is reviewing and validating its pipeline records and will file a complete set with state regulators on March 15.