PG&E Us Stock Price, News & Analysis

Pacific Gas and Electric (NYSE:PCG) has selected 57 organizations from over 400 applicants to present at its 2025 Pitch Fest, scheduled for September 23-25 at PG&E's Oakland headquarters. The event focuses on innovations in climate tech, grid modernization, and wildfire resilience.

PG&E has allocated up to $25 million in funding through its Electric Program Investment Charge (EPIC) for new projects by year-end. The company plans to collaborate with selected vendors to integrate solutions into its systems. The event will feature a headline panel of successful startup co-founders who have previously partnered with PG&E, including leaders from BurnBot, Treeswift, and WeaveGrid.

The selected finalists will present solutions across various categories including Wildfire & Forest Management, EV & DER Management, Customer Electrification, Customer Resiliency, Large Load Management, Undergrounding, and Operational Cost Savings.

PG&E (NYSE:PCG) announced that residential and eligible small business customers will receive a $58.23 California Climate Credit on their October electric bills. This credit is part of the state's Cap-and-Trade Program aimed at reducing carbon emissions.

Residential customers with both gas and electric service will receive total credits of $183.49 in 2025, including a $67.03 natural gas credit. Small business customers will receive $116.46 in annual credits. Since 2014, PG&E customers have received an average of $1,000 in Climate Credits, with statewide benefits totaling over $12.9 billion.

The company also highlighted various assistance programs including the Match My Payment Program offering up to $1,000 in matching funds, REACH providing up to $300 in credits, and LIHEAP offering up to $1,500 for heating and cooling assistance.

PG&E Corporation (NYSE:PCG) and the California Fire Foundation (CFF) have announced their eighth consecutive year of wildfire safety grants, awarding $950,000 to 63 local fire departments, agencies, and non-profit groups in Northern and Central California. The PG&E Foundation increased its commitment by $200,000 this year to enhance the program.

The grants, part of the broader $1.65 million Wildfire Safety and Preparedness Program (WSPP), will fund personal protective equipment, defensible space work, vegetation management, and fire safety education. Since 2018, the program has provided $5.5 million in direct funding to 431 grantees. The 2025 program is expected to benefit over 1.2 million residents across 12 counties, providing over 1,000 pieces of protective equipment and specialized gear.

PG&E (NYSE:PCG) announced a 2.1% decrease in electric rates effective September 1, 2025, reducing typical residential monthly bills by approximately $5 for customers using 500 kilowatt hours. Additionally, residential customers will receive a $58.23 California Climate Credit in October.

The company has achieved $2.5 billion in cost savings over the past three years through operational efficiencies and technology improvements. Gas rates will also decrease by 0.4%, saving typical residential customers about $0.39 monthly. PG&E's rate reductions contrast with national trends, as U.S. electric prices are forecast to increase through 2026.

PG&E Corporation (NYSE:PCG) through its Foundation has announced the award of 54 Better Together STEM Scholarships worth over $300,000 to students across Northern and Central California. The scholarships, ranging from $2,500 to $10,000, are awarded to students pursuing STEM degrees at accredited four-year institutions in California or at any Historically Black College and University (HBCU) in the United States.

Since 2012, the Better Together STEM Scholarship Program has contributed over $7.8 million to students, funded entirely by PG&E shareholders. Additionally, PG&E's employee resource groups have awarded more than $6 million in scholarships since 1989 through employee contributions and fundraising events.

PG&E (NYSE:PCG) has launched a pioneering vehicle-to-grid (V2G) electric school bus fleet with Fremont Unified School District (FUSD) and The Mobility House. The project features 22 electric vehicle chargers, including 6 bidirectional V2G fast chargers, supporting 14 electric school buses.

The initiative leverages The Mobility House's ChargePilot platform to optimize charging and enable participation in PG&E's Emergency Load Reduction Program. PG&E has upgraded the site's infrastructure with a 750 kVA transformer and 2,500 Amp switchgear to support current and future charging needs. This marks the second school district in PG&E's commercial fleet V2X pilot, following a successful deployment with Oakland Unified School District in 2024.

Pacific Gas and Electric Company (NYSE:PCG) is raising awareness for National 811 Day on August 11, emphasizing the importance of calling 811 before any digging project. The company reports 471 incidents of damaged underground utility lines in 2025, with 59% of cases occurring without prior 811 notification. For residential customers, this percentage rises to 90%.

The free service helps avoid costly repairs, which average $3,500 per incident. Professional locators mark underground utility lines including gas, electric, water, telecom, and sewer. Customers must call 811 at least two business days before digging, and the service is available 24/7 with translation options through USA North.

PG&E (NYSE:PCG) announced its data center project pipeline has expanded to 10 gigawatts (GW) of new electricity demand over the next decade, up from 8.7 GW in May and 5.5 GW in February. This capacity could power approximately 7.5 million homes.

The company projects this growth could reduce customer electric bills by over 10% and generate significant economic benefits, including 65,000 permanent jobs and up to $4.75 billion in tax revenues. Of the total pipeline, 1.5 GW from 17 projects are in the final engineering phase, expected to begin operations between 2026-2030.

Additionally, the California Public Utilities Commission (CPUC) approved PG&E's interim Electric Rule 30, allowing large-load customers to fund transmission infrastructure upfront for faster grid connections.

PG&E Corporation (NYSE: PCG) reported second-quarter 2025 results with GAAP earnings of $0.24 per share, matching Q2 2024, and non-GAAP core earnings of $0.31 per share. The company updated its 2025 GAAP EPS guidance to $1.26-$1.32 and reaffirmed non-GAAP core EPS guidance at $1.48-$1.52.

Key operational highlights include submitting the smallest General Rate Case increase in a decade, expanding data center pipeline to 10 gigawatts, and achieving a 42% reduction in methane emissions. The company completed 32 miles of underground powerlines and 103 miles of strengthened poles in high wildfire-risk areas. PG&E's five-year $63 billion capital plan through 2028 is fully funded with equity needs satisfied.

The company connected over 3,300 electric customers and 2,000 new EV charging ports, while receiving positive assessment for Diablo Canyon Power Plant's 20-year operating extension.