<h3>CALIFORNIA COMMISSION SAYS IT HAS A PLAN TO PAY OFF DEBTS AND RESTORE THE UTILITY'S FINANCIAL HEALTH</h3><p class="source">Contra Costa Times</p>
<p>California regulators, intent on preserving their authority to set utility rates, asked a bankruptcy judge Tuesday to let them file their own proposal for paying off the creditors of PG&E Corp.'s utility unit.</p>