CPUC President Will Not Seek Reappointment

Michael Peevey said Thursday he will not seek reappointment to California Public Utilities Commission, where he has served as president for 12 years. His decision to exit the agency comes amid criticism from lawmakers, ire from the public and tough questions from the NBC Bay Area Investigative Unit. Chief Investigative Reporter Tony Kovaleski reports in a story that aired on October 9, 2014.