According to the Los Angeles Times:

California utility regulators are poised to hit Pacific Gas & Electric Co. with a record-high, $1.6-billion penalty for negligence leading to the deadly natural gas explosion in San Bruno.

The penalty, if approved in a Thursday vote of the Public Utilities Commission, would dwarf all previous enforcement actions. The record penalty previously was $146 million; the total of all fines and restitution from 1999 to 2013 was $653 million.

Since the San Bruno explosion, the utility has “spent or committed” $2.8 billion of shareholder money on natural gas safety measures. That does not include the proposed penalty of $1.6 billion.

The utility’s regulator also has come under fire for having a weak pipeline safety program before the San Bruno explosion…