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Final Opportunity to Apply for PG&E Resilience Hubs Grants to Help Communities Address Climate and Disaster Needs

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PG&E is accepting applications for its Resilience Hubs Grant program, offering a total of $400,000 in funding for climate resilience projects. The program will award four $25,000 grants and three $100,000 grants to eligible governmental organizations, educational institutions, or 501(c)3 nonprofits. The grants aim to create physical spaces or resources supporting community resilience during climate-driven disruptions.

The deadline is January 31, 2025, marking the final year of the program. Priority will be given to projects serving disadvantaged communities. The grants are funded by PG&E shareholders as part of wildfire resiliency investments mandated by the California Public Utilities Commission.

PG&E sta accettando domande per il suo programma di sovvenzioni per i Centri di Resilienza, che offre un totale di 400.000 dollari in finanziamenti per progetti di resilienza climatica. Il programma assegnerà quattro sovvenzioni da 25.000 dollari e tre sovvenzioni da 100.000 dollari a organismi governativi, istituzioni educative o ONG 501(c)3 idonei. Le sovvenzioni mirano a creare spazi fisici o risorse che supportino la resilienza della comunità durante le interruzioni causate dal cambiamento climatico.

La scadenza è fissata per il 31 gennaio 2025, segnando l'ultimo anno del programma. Saranno dati priorità ai progetti che servono le comunità svantaggiate. Le sovvenzioni sono finanziate dagli azionisti di PG&E come parte degli investimenti per la resilienza agli incendi forestali imposti dalla California Public Utilities Commission.

PG&E está aceptando solicitudes para su programa de subvenciones para Centros de Resiliencia, que ofrece un total de $400,000 en financiamiento para proyectos de resiliencia climática. El programa otorgará cuatro subvenciones de $25,000 y tres subvenciones de $100,000 a organizaciones gubernamentales elegibles, instituciones educativas o organizaciones sin fines de lucro 501(c)3. Las subvenciones tienen como objetivo crear espacios físicos o recursos que apoyen la resiliencia comunitaria durante las interrupciones provocadas por el clima.

La fecha límite es el 31 de enero de 2025, marcando el último año del programa. Se dará prioridad a los proyectos que sirvan a comunidades desfavorecidas. Las subvenciones son financiadas por los accionistas de PG&E como parte de las inversiones en resiliencia ante incendios forestales mandatadas por la Comisión de Servicios Públicos de California.

PG&E는 회복력 허브 보조금 프로그램에 대한 신청서를 받고 있으며, 기후 회복력 프로젝트를 위해 총 400,000달러의 자금을 제공합니다. 이 프로그램은 자격이 있는 정부 기관, 교육 기관 또는 501(c)3 비영리단체에 각각 25,000달러의 보조금 4개와 100,000달러의 보조금 3개를 제공합니다. 보조금은 기후로 인한 혼란 동안 지역사회의 회복력을 지원하는 물리적 공간이나 자원을 만드는 것을 목표로 합니다.

기한은 2025년 1월 31일로 설정되어 있으며, 프로그램의 마지막 해를 의미합니다. 불리한 커뮤니티를 지원하는 프로젝트에 우선권이 주어집니다. 보조금은 캘리포니아 공공유틸리티 위원회가 의무화한 산불 회복력 투자 일환으로 PG&E 주주에 의해 자금이 지원됩니다.

PG&E accepte les candidatures pour son programme de subventions Hubs de Résilience, offrant un total de 400 000 $ de financements pour des projets de résilience face au changement climatique. Le programme attribuera quatre subventions de 25 000 $ et trois subventions de 100 000 $ à des organisations gouvernementales, des établissements d'enseignement ou des ONG 501(c)3 éligibles. Les subventions visent à créer des espaces physiques ou des ressources soutenant la résilience des communautés lors des perturbations liées au climat.

La date limite est le 31 janvier 2025, marquant la dernière année du programme. La priorité sera donnée aux projets servant des communautés défavorisées. Les subventions sont financées par les actionnaires de PG&E dans le cadre des investissements en résilience face aux incendies de forêt imposés par la California Public Utilities Commission.

PG&E akzeptiert Anträge für sein Ressilienz-Hubs-Stipendienprogramm, das insgesamt 400.000 US-Dollar an Fördermitteln für Projekte zur Klimaanpassung bereitstellt. Das Programm wird vier Stipendien von 25.000 US-Dollar und drei Stipendien von 100.000 US-Dollar an berechtigte staatliche Stellen, Bildungseinrichtungen oder 501(c)3 gemeinnützige Organisationen vergeben. Die Stipendien sollen physische Räume oder Ressourcen schaffen, die die Resilienz der Gemeinschaft bei klimabedingten Störungen unterstützen.

Die Frist ist der 31. Januar 2025, was das letzte Jahr des Programms markiert. Projekte, die sozial benachteiligte Gemeinschaften unterstützen, haben Vorrang. Die Stipendien werden von PG&E-Aktionären als Teil der von der California Public Utilities Commission vorgeschriebenen Investitionen zur Waldbrandresilienz finanziert.

Positive
  • Investing $400,000 in community resilience infrastructure
  • Program aligns with regulatory compliance requirements
  • Shareholders funding the program, not impacting company's operational expenses
Negative
  • Program termination after 2025 could affect future community relations
  • number of grants available (only seven total awards)

Insights

The $400,000 Resilience Hubs Grant program represents a minimal financial impact on PG&E's $55.5B market cap. While the initiative demonstrates corporate social responsibility and compliance with regulatory mandates, the shareholder-funded grants won't materially affect the company's financials or stock performance. The program's conclusion in 2025 suggests no long-term financial commitments beyond the current allocation.

The investment in community resilience could help mitigate future liability risks from climate-related events and power shutoffs, though the scale is too small to significantly impact risk profile. The focus on disadvantaged communities aligns with ESG objectives but isn't substantial enough to influence institutional investment decisions.

Total of $400,000 in Funding; Deadline to Apply is Jan. 31, 2025

OAKLAND, Calif., Nov. 25, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is accepting applications for its Resilience Hubs Grant program. A total of $400,000 is available for local projects and initiatives for climate resilience projects supporting communities PG&E serves. To be eligible, applicants must be a governmental organization (tribal governments included), educational institution, or 501(c)3 nonprofit.

The PG&E Resilience Hubs Grant program helps communities create a physical space or set of resources that supports community resilience — such as access to power, shelter, and information — to climate-driven disruptions, including wildfires and safety-driven power shutoffs. Once developed, these "resilience hubs" also can be accessed year-round as a community resource.

The city of Richmond, a prior grant recipient, used the funding to create a community space powered by renewable energy that provides shade, electricity and local resources for at-risk community members during extreme weather events. [See a video of the Richmond Resilience Hub project.]

Through the program, PG&E will award $400,000 in total grants next year: Four at the $25,000 level (a combined $100,000) and three at the $100,000 level (a combined $300,000). These grants are funded by PG&E Corporation shareholders as part of PG&E's investments in statewide wildfire resiliency and response, in accordance with a mandate from the California Public Utilities Commission.

"It takes all of us working together to help build climate resilience and protect our communities — we need to think globally and act locally," said Carla Peterman, Executive Vice President, Corporate Affairs and Chief Sustainability Officer for PG&E Corporation. "We're proud that our Resilience Hubs Grant program assists and empowers the hometowns we serve to create programs that are innovative, sustainable and equitable. These locally driven strategies benefit our communities and our customers and can be replicated in other communities."

The deadline for applications is Jan. 31, 2025, and grant awards are expected to be announced in the spring. This is the final year of the grant program, which will expire after 2025 funding is distributed.

Priority will be given to projects that address the needs of disadvantaged and/or vulnerable communities. Strategies and solutions resulting from the grants will be made publicly available to help all communities and encourage local and regional partnerships.

Resilience Hub proposals may include conducting feasibility studies to assess resilience hub needs through local engagement, as well as planning and design of physical spaces. They could also include mobile resources to provide community resilience, or retrofits of existing buildings or structures to support community resilience. See a list of past recipients and awarded projects and submit an application.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/final-opportunity-to-apply-for-pge-resilience-hubs-grants-to-help-communities-address-climate-and-disaster-needs-302315640.html

SOURCE Pacific Gas and Electric Company

FAQ

What is the total amount of PG&E's (PCG) Resilience Hubs Grant program for 2025?

PG&E's Resilience Hubs Grant program is offering a total of $400,000 in funding for 2025, divided into four $25,000 grants and three $100,000 grants.

When is the deadline to apply for PG&E's (PCG) 2025 Resilience Hubs grants?

The deadline to apply for PG&E's Resilience Hubs grants is January 31, 2025.

Who is eligible to apply for PG&E's (PCG) Resilience Hubs Grant program?

Eligible applicants include governmental organizations (including tribal governments), educational institutions, and 501(c)3 nonprofit organizations.

Will PG&E (PCG) continue the Resilience Hubs Grant program after 2025?

No, 2025 will be the final year of the Resilience Hubs Grant program, after which it will expire.

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