The IBEW 1245 members at AC Transit have voted to approve a tentative agreement on a three-year MOU that includes 9% general wage increases plus equity adjustments up to 2% and a $500 signing bonus. The Board of Directors recently approved the agreement on January 8, 2020. As part of the agreement, medical coverage will… [Read More]
Archives for January 2020
Judge threatens to order PG&E to hire more tree trimmers for California wildfire safety (via Sacramento Bee)
U.S. District Judge William Alsup late Thursday told PG&E to explain why it’s still struggling to remove hazardous trees and limbs that could brush up against power lines and spark new fires. Alsup, in a written decision, said he might order PG&E to hire “sufficient crews and equipment to inspect and to trim and remove… [Read More]
Job Opportunity: Journeyman Lineman, NV Energy ($25K sign-on bonus, $10K for relocation, $10K retention bonus)
California launches rulemaking to manage transition away from natural gas (via UtilityDive)
Environmental advocates praised the rulemaking as a timely move, considering the wave of California cities adopting natural gas bans. But Jon Switalski, executive director of Californians for Balanced Energy Solutions, which represents gas users, questioned whether regulators have “carefully considered the costs to society” that would come from treating electrification as a silver bullet.
New Agreement at PG&E Provides Stability, Wage Improvements, No Concessions
After negotiations with the company, IBEW 1245 and PG&E have reached a deal that we believe will provide much-needed stability for our members through 2025. This four-year agreement that follows our two-year contract extension contains notable improvements to wages with no concessions. The end result is that our members will be coming out of the… [Read More]
PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan (via Bloomberg)
PG&E Corp. is nearing a deal with a group of bondholders led by Pacific Investment Management Co. and Elliott Management Corp. that would entitle them to a mix of equity and new debt if they scrap their rival restructuring plan, people familiar with the matter said.
Letter Agreement 19-35: Distribution Control Center (DCC) ARCOS Agreement
FEMA says it may bill fire victims if it can’t get $4 billion from PG&E (via SF Chronicle)
The Federal Emergency Management Agency wants reimbursement from PG&E to cover costs from the government’s response to fires in 2015, 2017 and 2018. Under PG&E’s current plan to resolve its bankruptcy, any payment to FEMA would have to come from the $13.5 billion the company intends to reserve primarily to settle claims from fire victims.
PG&E’s big penalty for California wildfires could create tax write-off (via Sacramento Bee)
The record $1.675 billion penalty PG&E Corp. has agreed to pay for the deadly 2017 and 2018 wildfires could generate a big tax deduction for the beleaguered California utility. A hearing officer at the California Public Utilities Commission has told PG&E to spell out how much of the penalty it believes it can deduct from its federal… [Read More]
IBEW 1245 Members at Lompoc Landfill Resuscitate Man In Cardiac Arrest
It was late in the afternoon on a Friday in December, and as he was wrapping up work for the day, City of Lompoc Landfill Coordinator and IBEW 1245 member Vincent Reyes noticed a patron’s truck, which was parked right near the scales in the drop-off area, had been idle for quite some time. He… [Read More]