STOCK TITAN

New PG&E Webpage Offers Energy-Saving Tips for Customers Who Are Using More Power at Home Due to the Pandemic

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Pacific Gas and Electric Company (PCG) reports a potential 10% increase in residential energy usage due to the pandemic. To assist customers in reducing energy consumption, they launched a new webpage offering energy-saving tips focusing on electronics, heating and cooling, and lighting. Suggestions include using smart thermostats, turning off idle electronics, and leveraging natural lighting. Further resources include financial assistance programs and energy-saving rebates. This initiative aims to help customers make cost-effective changes to their energy habits at home.

Positive
  • Launch of a new webpage with energy-saving tips can enhance customer engagement.
  • Potential for increased customer savings through energy efficiency initiatives.
  • Availability of rebate programs for smart thermostats may improve customer loyalty.
Negative
  • Residential energy usage increase could imply higher operational costs if demand rises.
  • Dependence on customer participation in programs for a significant impact.

The ongoing pandemic has us all spending more time at home, and according to our customer data, the ongoing pandemic could be adding as much as 10 percent to residential home energy usage. To help customers reduce energy usage during the pandemic, Pacific Gas and Electric Company (PG&E) has launched a new webpage focusing on energy-saving tips and recommendations for the three primary areas that drive higher energy use: electronics, heating and cooling, and lighting.

Electronic devices, keeping our homes warm or cool and keeping lights on all have a direct impact on energy usage when spending more time at home, especially with both work from home and distance learning more prevalent.

“We hope this new resource will help customers learn all about the small changes that can add up and reduce overall energy use at home,” said Aaron August, PG&E Vice President of Business Development & Customer Engagement.

PG&E offers the following tips on the new webpage, pge.com/hometips:

Save Energy When at Home

  • Electronics: Turn off equipment when away for 20 minutes or longer. Sleep or standby modes still use energy. Plug equipment into a smart power strip to easily shut off power to multiple devices when done for the day.
  • Heating and Cooling: Use a smart or programmable thermostat to control your home temperature. These devices can be programmed to run on your schedule, ensuring you don't waste money when you're away. PG&E offers smart thermostat rebates up to $120 to help these efforts. If programming your thermostat, set it to 68 degrees in the winter and 78 degrees in the summer, health permitting.
  • Lighting: Rely on natural light if available. Opening blinds or drapes on sunny days can supply light without using other light sources. Replace old lightbulbs with LED lighting. LEDs not only use less energy, but they also last longer.

Additional Ways to Reduce Energy Usage When at Home:

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.

FAQ

What is the recent energy usage increase reported by Pacific Gas and Electric Company (PCG)?

Pacific Gas and Electric Company (PCG) reports a potential 10% increase in residential energy usage due to the ongoing pandemic.

What tips has PG&E provided to help customers save energy?

PG&E's tips include using smart thermostats, turning off electronics when not in use, and maximizing natural light.

Is PG&E offering any financial assistance programs?

Yes, PG&E offers financial assistance programs and rebates to help customers reduce energy costs.

How can customers access PG&E's energy-saving resources?

Customers can access PG&E's energy-saving resources on their dedicated webpage available at pge.com/hometips.

What areas of energy usage does PG&E focus on for savings?

PG&E focuses on electronics, heating and cooling, and lighting to help customers save energy.

PG&E Corporation

NYSE:PCG

PCG Rankings

PCG Latest News

PCG Stock Data

55.54B
2.54B
2.73%
78.2%
1.3%
Utilities - Regulated Electric
Electric & Other Services Combined
Link
United States of America
OAKLAND