So many people have asked that question and we have at least a partial answer. PG&E is a publicly traded company with CEO Tony Earley speaking for them.
Earley has stated that if the CPUC imposes the $2.25 billion penalty on them it would bring the cost of the explosion and aftermath to $4 billion.
They are trying to sell enough shares to pay for the disaster, but so far have not been able to. Earley warns that the cost could force PG&E to file for bankruptcy.
It would have cost a lot less if they had upgraded before the explosion, however.
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