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.
Pacific Gas and Electric Company (NYSE: PCG) provides essential energy services to 16 million Californians through one of the largest utility infrastructures in the U.S. This page aggregates official PG&E news, including financial disclosures, operational updates, and safety initiatives critical for understanding the company's trajectory.
Investors and stakeholders will find timely updates on earnings reports, regulatory filings with the CPUC, and progress on wildfire mitigation programs like power line undergrounding. The curated news collection also covers infrastructure investments, renewable energy projects, and technology deployments enhancing grid reliability.
All content is sourced from verified corporate communications and regulatory documents, ensuring accuracy for those monitoring PG&E's financial health or operational developments. Bookmark this page for streamlined access to material events affecting California's energy landscape and PCG's market position.
Pacific Gas and Electric Company (PCG) is urging customers with past-due balances to seek financial assistance before COVID-19 pandemic protections end on June 30, 2021. Since March 2020, over 1.6 million payment plans have been established, but past-due residential accounts have surged nearly 30%. PG&E plans to stagger the restart of collections to support affected customers. The company has submitted a transition plan to the California Public Utilities Commission (CPUC) aimed at easing the shift as protections lift. Customers are encouraged to contact PG&E for resources and assistance.
Pacific Gas and Electric Company (PG&E) has appointed Janisse Quiñones as Senior Vice President of Gas Engineering and promoted Mark Quinlan to Vice President of PSPS Operations and Execution. Quiñones brings over 20 years of utility experience, previously serving at National Grid and the U.S. Coast Guard. She will oversee gas engineering and strategy effective April 26, 2021. Quinlan, effective April 1, will manage PG&E's Public Safety Power Shutoff program. Both appointments aim to enhance operational safety and execution for PG&E's customers.
PG&E Corporation (NYSE: PCG) has appointed Chris Foster as Executive Vice President and Chief Financial Officer, effective March 20. Mr. Foster, who served as Interim CFO since September 2020, has been with the company in various roles since 2011. He will oversee critical financial functions including audit, treasury, and investor relations. CEO Patti Poppe praised his contributions in steering the company through Chapter 11 bankruptcy towards financial stability, emphasizing the importance of a healthy energy company for community prosperity.
PG&E Corporation (NYSE: PCG) will host its Q1 2021 earnings conference call on April 29, 2021, at 11:00 a.m. ET. The call will discuss financial results and is accessible via a webcast on the company’s website. A replay will be available until June 6, 2021, through a toll-free number as well. PG&E provides energy services to 16 million customers in Northern and Central California, employing over 23,000 personnel. For additional details, visit pge.com.
Pacific Gas and Electric Company (PG&E) responded to CAL FIRE's announcement identifying the cause of the September 2020 Zogg Fire as a pine tree contacting PG&E's electrical lines. PG&E expressed empathy for the communities affected and gratitude to first responders. The company plans to review CAL FIRE's findings once accessible and continues to focus on wildfire risk reduction through the implementation of advanced grid technology, infrastructure hardening, and enhanced vegetation management. PG&E remains dedicated to safely delivering energy amid extreme weather challenges.
Pacific Gas and Electric Company (PG&E) and BMW Group have expanded their collaboration on smart charging electric vehicles (EVs), launching phase three of the ChargeForward program, which targets 3,000 BMW EV drivers in Northern and Central California. This phase aims to optimize EV charging times to support grid reliability using excess renewable energy. Participants can earn up to $400 in incentives while helping the grid during peak demand. The program plans to explore vehicle-to-grid capabilities for enhancing grid services and backup generation in future phases.
Pacific Gas and Electric Company (PCG) announced a $1.25 million contribution for 2021 to support nonprofits aiding vulnerable communities impacted by COVID-19. This funding will enhance food security efforts, assist minority- and women-owned small businesses, and provide utility bill assistance. Key allocations include $500,000 for small business grants and $200,000 to the California Association of Food Banks. Additional support will target seniors and youth programs, continuing PG&E's commitment to community relief, building on the previous $1 million donation in 2020.
Pacific Gas and Electric Company (PG&E) has appointed Barry J. “Joe” Bentley as the new Senior Vice President of Electric Engineering, effective March 22, 2021. Bentley will oversee engineering and strategy for PG&E's extensive electric system, comprising about 100,000 miles of transmission and distribution lines. He has a notable background, previously serving as Senior Vice President at AES Corporation, and possesses significant experience in utility operations. Bentley aims to enhance PG&E's safety and efficiency while contributing to California's clean energy objectives.
PG&E urges customers to be vigilant against utility scams amid the pandemic. Scammers are increasingly targeting customers, particularly vulnerable groups, with deceptive tactics. PG&E emphasizes that they will never ask for immediate payment within one hour of disconnection or request payment via prepaid cards. Customers are encouraged to register for My Account for account security and can designate family members to assist them. Signs of potential scams include threats of immediate disconnection, requests for prepaid cards, and spoofed phone numbers. Reporting suspected fraud is critical.
Pacific Gas and Electric Company (PCG), along with SDG&E and SCE, proposed to modernize California’s rooftop solar program to enhance customer equity and support clean energy goals. The plan, submitted to the California Public Utilities Commission, focuses on compensating future rooftop solar customers for excess energy exported to the grid. Currently, non-solar customers pay approximately $3 billion more annually to subsidize existing solar customers. The proposal aims to rectify this by ensuring fair cost-sharing among all customers and encouraging solar adoption, especially for lower-income households.
