Placer County Water Agency acts to protect integrity of PG&E water supply
AUBURN, Calif. (February 20, 2019) — In the wake of Pacific Gas & Electric’s (PG&E) recent bankruptcy filing, the Placer County Water Agency (PCWA) is warning of potential threats to the water supply and reliability of nearly 200,000 Placer County residents should PG&E liquidate its Drum Spaulding Project.
“Although there is no way to know at this early stage how PG&E’s bankruptcy will unfold, it is vitally important to remember that numerous Sierra Nevada foothill communities still rely on
PG&E as a water utility,” said PCWA General Manager Einar Maisch. “If recent news reports are true, that the California Legislature and the Public Utilities Commission are considering the divestiture of PG&E assets to fund its liabilities, it could have disastrous consequences.”
