Welcome to our dedicated page for PG&E Us news (Ticker: PCG), a resource for investors and traders seeking the latest updates and insights on PG&E Us stock.
PG&E Corporation (NYSE: PCG) is a California-based holding company whose primary business is conducted through its utility subsidiary, Pacific Gas and Electric Company. The utility is described as a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. This news page focuses on developments affecting PG&E’s customers, operations, regulatory environment, and capital structure.
Recent news releases highlight several themes that are central to PG&E’s ongoing story. These include announcements about electric and natural gas rate changes, such as the planned January 1, 2026 rate reductions described as the fourth electric rate decrease in two years, as well as programs designed to support income-eligible customers, including the Match My Payment Program and the REACH bill assistance program. Other updates cover automatic bill credits for customers affected by specific outages, storm preparedness efforts with pre-positioned crews and enhanced outage information tools, and scholarship programs funded by employee resource groups for students in PG&E’s service area.
PG&E’s news flow also includes information on grid modernization and innovation projects, such as the Dynamic Line Rating and Asset Health Monitoring technology demonstration funded through the Electric Program Investment Charge program, and vehicle-to-grid and vehicle-to-everything pilot projects conducted with partners at the Redwood Coast Airport Microgrid. Additional releases address wildfire mitigation measures, including undergrounding powerlines and related public opinion polling, as well as leadership and organizational changes intended to better align the company with customer and hometown needs.
Investors and observers can use this page to follow PG&E’s earnings-related communications, operational updates, safety initiatives, community programs, and regulatory disclosures as they are issued through official news channels.
Pacific Gas and Electric Company (PCG) has reached settlements concerning the 2019 Kincade Fire and the 2021 Dixie Fire, resulting in no criminal charges for the latter and dismissal of charges for the former. The agreements include $55 million in financial commitments over five years, with funds directed to local non-profits and community recovery efforts. PG&E also announced plans to hire up to 200 staff in wildfire safety roles, enhance vegetation management, and implement a five-year independent monitorship to oversee safety and inspection efforts across six Northern California counties.
Pacific Gas and Electric Company (PG&E) is expanding its Enhanced Powerline Safety Settings (EPSS) to enhance safety in high fire-threat areas. Launched in July 2021, EPSS has reduced ignitions by 80% on enabled circuits. In 2022, PG&E aims to implement these settings across 25,500 distribution line miles, supplementing other wildfire prevention measures. The utility is also improving customer communication and support during outages, aiming to decrease average outage lengths by 40%. New programs include a Generator Rebate and Portable Battery Program to aid customers during outages.
PG&E is set to distribute the California Climate Credit this month, providing financial relief for residential customers. Natural gas users will benefit from a credit of $47.83, while electric customers will see $39.30, totaling $87.13 for those using both services. This initiative is part of California's effort to reduce greenhouse gas emissions and supports customers in managing their energy costs effectively.
Pacific Gas and Electric Company (PG&E) shares essential safety tips as Californians engage in outdoor activities this spring. Customers are advised to maintain a safe distance from overhead power lines, keep toys and balloons away from electric lines, and exercise caution when grilling. The company stresses the importance of reporting downed power lines and using GFCI protection near water sources. Additionally, it's crucial to contact 811 before digging to avoid disrupting underground utility lines. PG&E aims to ensure safety as residents enjoy the season.
Pacific Gas and Electric (PG&E) highlights the importance of calling 811 two business days before any digging activities, as April is recognized as National Safe Digging Month. The utility company emphasizes that underground utility lines can be shallow and damaging them can lead to repair costs averaging
PG&E Corporation (NYSE: PCG) will host its First Quarter 2022 Earnings Call on April 28, 2022, at 11:00 a.m. Eastern Time. The call will be accessible via a simultaneous webcast through the company's website. For those unable to attend live, a replay will be available until May 5, 2022, by calling (800) 770-2030 with confirmation code 64421. This event is crucial for investors and stakeholders to get insights into the company's financial performance over the first quarter.
Pacific Gas and Electric Company (PCG, PCG.PRA) has introduced energy efficiency tips for homeowners as spring begins. Key recommendations include:
- Programmable Thermostat: Users can save 10% annually on heating and cooling.
- Water Heating: Lowering water heater temperatures can reduce costs.
- ENERGY STAR Appliances: Switching could save about $750 over their lifespan.
- Energy-Saving Lighting: Replacing five bulbs may save up to $75 yearly.
- System Maintenance: Regular filter checks can enhance efficiency.
Pacific Gas and Electric Company (PG&E, NYSE:PCG) announced a new pilot program aimed at helping California universities reduce greenhouse-gas emissions. The proposed Clean Energy Optimization Pilot (CEOP) will incentivize universities for their GHG reductions, utilizing approximately $50 million from unspent greenhouse gas auction revenues over four years. The program targets campuses in Northern and Central California, facilitating initiatives like energy-efficient retrofitting and on-site renewable energy investments. If approved, the program could launch as early as 2023.
PG&E Corporation (NYSE: PCG) announced the appointment of Carlos Hernandez, former CEO of Fluor Corporation, to its Board of Directors effective March 11, 2022. Hernandez brings extensive experience in engineering, procurement, and safety, emphasizing risk management and compliance. He aims to enhance PG&E’s operational and safety performance under CEO Patti Poppe. Hernandez has previously served as general counsel for ArcelorMittal Americas and holds degrees in civil engineering and law.
Pacific Gas and Electric Company (PG&E) has announced a collaboration with Ford to test the F-150 Lightning electric vehicle's bidirectional charging capabilities, aimed at enhancing electric reliability for PG&E customers. Customers in Northern and Central California, known for adopting clean energy technologies, will benefit from this initiative. The F-150 Lightning’s Intelligent Backup Power can provide up to 10 days of power during outages. The collaboration represents a significant step towards integrating EVs with the electric grid, supporting both resiliency and customer experience improvements.
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