PG&E May Face Blackout Fines Under Bill Passed by State Senate

(Bloomberg) -- PG&E Corp. and other electric utilities could face hundreds of millions of dollars in penalties for shutting off power to prevent wildfires under a bill passed by the California state senate.The measure approved 25 to 2 would also require power companies to compensate residents, businesses and local governments for costs resulting from intentional blackouts. It now faces a vote in the state assembly.The legislation is the latest backlash against PG&E over its decision to c