PG&E Us Stock Price, News & Analysis

The California Independent System Operator (CAISO) has issued a Flex Alert for July 9, urging residents to conserve electricity from 4 p.m. to 9 p.m. due to extreme heat conditions. Increased demand from air conditioning is expected to strain the power grid. With temperatures reaching up to 114°F in some areas, PG&E's weather team does not anticipate power shortages but emphasizes conservation efforts. Home and business energy-saving tips are provided, including adjusting thermostats and utilizing fans. CAISO reports previous successful reductions in energy use during past Flex Alerts.

Pacific Gas and Electric (PCG) is aiding Californians as wildfire season peaks by sharing vital safety information. In the fourth episode of the 7 Saturdays to a More Fire-Resistant Home series, experts discuss emergency kits and evacuation plans. Key topics include signing up for emergency alerts, essentials for go-bags, and evacuation strategies. This initiative highlights PG&E’s commitment to community safety amid natural disasters. Viewers can access the series on PG&E's Safety Action Center.

Pacific Gas and Electric Company (PCG) has announced an extension of the moratorium on utility service disconnections until September 30, 2021. This measure, initiated in March 2020 by the California Public Utilities Commission, aims to provide ongoing relief to customers facing financial difficulties. Eligible customers will be auto-enrolled in new payment plans by the end of September. While disconnections are on hold, other customer protections have expired. PG&E continues to support customers, having assisted nearly 300,000 in the California Alternate Rates for Energy program since February 2020.

This Fourth of July marks California's first major holiday without COVID-19 restrictions, encouraging celebrations. PG&E urges customers to prioritize safety, highlighting risks associated with fireworks, barbeques, and swimming. The company recommends attending public fireworks displays, staying clear of power lines, and reporting any electric hazards. PG&E also emphasizes summer safety tips, including proper swimming precautions and heat-related illness awareness. Customers are encouraged to update their contact information for timely safety alerts. PG&E serves over 16 million people across Northern and Central California.

Pacific Gas and Electric Company (PCG) has proposed crucial safety and clean energy investments as part of its 2023 General Rate Case (GRC) aimed at serving 16 million customers. The proposal includes approximately $7.4 billion in investments from 2023-2026 focused on wildfire safety, gas system reliability, and clean energy expansion. Key initiatives include hardening power lines, investing in electric vehicle infrastructure, and enhancing grid resilience. If approved, customer bills may increase by around 5% annually. The GRC aims to reduce wildfire risks and improve overall service.

Pacific Gas and Electric Company (PCG) has launched the third episode of its series, “7 Saturdays to a More Fire-Resistant Home,” aimed at helping Californians improve home safety against wildfires. This episode teaches viewers affordable methods for home hardening, such as sealing gaps to prevent ember entry. Co-hosted by PG&E experts, the series emphasizes the importance of these adjustments in increasing resilience against wildfires. New episodes will be released weekly for seven weeks on PG&E's Safety Action Center.

Pacific Gas and Electric Company (PCG) is hosting a series of weekly wildfire safety webinars throughout July 2021. These events aim to inform customers about wildfire prevention plans and gather feedback. Key topics include PG&E’s wildfire prevention efforts, resources for customers during Public Safety Power Shutoff (PSPS) events, and improvements in safety technology. Webinars will occur every Thursday from 6 p.m. to 7:30 p.m., covering various counties. Participation is open to all customers, with closed captioning available in multiple languages.

Pacific Gas and Electric Company (PG&E) supports community cooling centers to assist residents during extreme heat. This year, PG&E expands its funding partnerships with multiple counties and cities, including West Sacramento and Kingsburg, enhancing support for at-risk individuals, particularly seniors. Since 2007, PG&E has contributed over $600,000 to existing cooling centers. The company encourages public awareness through tips for safety during hot weather. More information can be found on PG&E's website.

PG&E Corporation (NYSE: PCG) will host its second quarter 2021 earnings call on July 29, 2021, at 11:00 a.m. Eastern Time. The call will be accessible via a webcast, available on the PG&E Corporation website. A replay of the call will be archived until August 5, 2021. PG&E operates as a leading natural gas and electric company in the United States, serving 16 million customers in Northern and Central California. For further details, visit pge.com.