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Western Power & Equipment Corp history
Western Power & Equipment Corp company history timeline
De Sabla located customers and raised the capital for their first hydroelectric plant in Nevada City, California, in 1895; Martin handled the engineering with help from William Stanley, developer of the Westinghouse alternating-current electrical system.
In 1900 the three plants were consolidated into Bay Counties Power Company, with de Sabla as president and general manager.
In 1901 the company built a 140-mile transmission line, the world's longest at that time, to power an electric railway in Oakland, California.
In 1903 de Sabla and Martin formed California Gas & Electric Company (CG&E) to buy power companies and merge them into a large electric grid that could use economies of scale to its advantage.
Pacific Gas and Electric Company (PG&E) was formed in 1905 by John Martin and Eugene de Sabla, Jr., to acquire and merge power companies in central California.
In 1912 PG&E began to increase its hydroelectric capacity.
By 1914 it owned the largest integrated regional system on the Pacific Coast and was one of the five largest utilities in the United States.
In 1935 PG&E consolidated the operations of the companies it had bought.
Western Power Products' official company history can be traced back over four decades, but the roots of the organization can be traced back to 1936 when the owners' family farm was established in the San Joaquin Valley.
Total revenue for 1954 was $386 million.
To pay for the conversion, the company asked for a $233 million rate increase by 1975, the largest in California history.
In 1979 the CPUC granted PG&E a $269 million annual rate increase, but it also pushed the company to buy more power from alternative energy sources.
One of the two Diablo Canyon nuclear plants was finished in 1981, but PG&E did not receive permission to begin testing because of concerns that the plant, located just two miles from an earthquake fault, was not safe.
In 1983 it agreed to buy all the electricity from a solar-energy power plant being built by a subsidiary of Atlantic Richfield Company.
Net income for 1984 was $975 million.
In 1985 the CPUC ordered PG&E to lower its natural gas rates by $316.9 million per year.
In 1988 PG&E reorganized into five new business divisions.
By 1990 the venture had completed the Montana plant, had one under way in Pennsylvania, and was planning another in New Jersey.
In 1990 the company added a sixth division, nuclear power generation, which was responsible for the Diablo Canyon nuclear power plants and the support services they required.
In the early 1990's Deere developed and began to market John Deere Marine Diesel engines for commercial fishing, work boat and limited pleasure boat applications.
In 1994 PG&E paid $1.6 billion for power from solar, wind, and other alternative sources.
In 1994 Stanley T. Skinner, who had been a PG&E employee for years, became chief executive officer.
In another blow in 1997, PG&E was found guilty by a California court of 739 counts of negligence and fined $2 million.
In addition, the company agreed to accelerate the depreciation on the Diablo plant from 20 years to five in 1998.
PG&E's efforts to make its utility business competitive were showing signs of progress in 1998.
In May 2001 John Deere Power Systems approved the purchase of CN Power Systems by Western Engine Distributors.
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