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Michael Peevey’s tale of turmoil
Michael Peevey at a December meeting of the state Public Utilities Commission. (Photo: Jeff Chiu/Associated Press)It’s almost impossible these days to see the name Michael Peevey without the word “embattled” attached to it. Peevey stepped down last December after serving two six-year terms on the California Public Utilities Commission, almost all of them as PUC president. He has been subjected to withering public criticism up and down the state for fostering a too-cozy relationship between the PUC and the utility firms he was charged with regulating, most recently Pacific Gas & Electric. “Don’t shoot, I surrender,” Peevey wryly told the commission at its December meeting, a comment that drew laughs.
