PG&E Announces Intent To Declare Chapter 11 Bankruptcy. What’s Next? Tuesday, January 15, 2019 | Sacramento, CA Listen / download audio Update RequiredTo play audio, update browser or Flash plugin. File - In this Oct. 14, 2017 file photo, Pacific Gas & Electric crews work on restoring power lines in a fire ravaged neighborhood in an aerial view in the aftermath of a wildfire in Santa Rosa, Calif. CaliforniaMarcio Jose Sanchez / AP Photo Pacific Gas & Electric announced this week that it would file for Chapter 11 bankruptcy at the end of the month. The utility company is facing massive civil and potential criminal liability for devastating wildfires across northern California. CALmatters reporter Judy Lin and CapRadio reporter Ezra Romero join us to talk about the annoucement and what it could mean for ratepayers.