(Bloomberg) -- The millions of Californians who were plunged into darkness during an unprecedented blackout last week shouldn’t expect a check in the mail from bankrupt utility giant PG&E Corp. anytime soon.
When asked by a state regulator on Friday whether the utility plans to pay back customers for the costs of the outage, PG&E utility chief Andrew Vesey said the company hasn’t “committed to making those reimbursements.” It’s not “our intention to undertake a reimbursement,” he said at a meeting in San Francisco.
California Governor Gavin Newsom had called on PG&E to refund residential customers affected $100 each and businesses $250 for the shutoff. Vesey said the company would be open to talking with regulators about the idea at a later date.
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