PG&E Corporation - PCG STOCK NEWS

Pacific Gas and Electric Company (PG&E) urges customers to safeguard against carbon monoxide risks as winter approaches. The CDC reports over 430 annual deaths and 50,000 hospitalizations from carbon monoxide poisoning in the U.S. PG&E emphasizes the importance of installing carbon monoxide detectors on every floor, regularly testing them, and replacing batteries as needed. Additionally, customers should refrain from using gas appliances incorrectly and ensure proper ventilation for all natural gas devices. For emergencies, PG&E advises immediate evacuation and contacting authorities.

Pacific Gas and Electric Company (PCG) advises customers to prioritize safety during the holiday season to minimize fire hazards. Increasing home fires during this time demand attention, especially with candles contributing to nearly 60% of decoration-related blazes in December. PG&E emphasizes safety tips, including proper candle usage and tree maintenance. Customers are encouraged to keep trees hydrated and away from heat sources. A household emergency plan is also recommended. For additional safety measures, visit www.pge.com/safety.

Pacific Gas and Electric Company (PCG) is hosting a virtual town hall on December 16, 2020, from 6:00 to 7:30 p.m. to discuss its wildfire prevention strategies and Public Safety Power Shutoff (PSPS) events. The session will include a presentation by PG&E’s safety team and a Q&A segment for attendees. Key topics include PG&E’s wildfire prevention plans and improvements made to PSPS events in 2020. The event is open to all customers, with accessibility features available in multiple languages.

Pacific Gas and Electric Company (PCG) announced property tax payments exceeding $268 million for the second half of 2020 to 50 counties in California, supporting vital public services and local economies. This sum reflects a 5.5% increase over the previous tax year, totaling over $537 million for the tax year ending June 30, 2021. These payments align with PG&E's ongoing investments in gas and electrical infrastructure aimed at enhancing safety and wildfire mitigation.

Pacific Gas and Electric Company (PG&E) is now accepting scholarship applications for college-bound high school students and current college students who are PG&E customers in Northern and Central California. Over 120 scholarships, totaling nearly $300,000, are available through PG&E’s employee resource and engineering network groups, with awards ranging from $1,000 to $6,000. Applications must be submitted by February 12, 2021. Since 1989, PG&E has awarded over $5 million in scholarships, primarily funded by employee contributions.

Pacific Gas and Electric Company (PG&E) warns customers of stormy weather forecasted for Northern and Central California, with potential power outages due to rain and gusty winds. The company emphasizes the importance of safety and preparedness, urging customers to have plans in place. PG&E utilizes a Storm Outage Prediction Model to anticipate storm impacts and to pre-stage crews for rapid response to outages. Customers are advised on safety tips such as avoiding downed wires, safely using generators, and preparing for potential outages.

Pacific Gas and Electric Company (PCG) is actively supporting customers during the COVID-19 pandemic by maintaining crucial customer protection measures. These include a moratorium on service disconnections for non-payment and waiving security deposits for small commercial clients, set to continue until April 16, 2021. The company helped nearly 200,000 customers enroll in the California Alternate Rates for Energy Program (CARE), raising total enrollment to over 1.57 million. PG&E encourages customers to utilize various financial assistance programs for energy cost management.

Pacific Gas and Electric Company (PG&E) announced it will not proceed with a Public Safety Power Shutoff (PSPS) due to improved weather conditions. Initially, PG&E had planned to shut off power to approximately 8,500 customers across Fresno, Madera, Mariposa, Tulare, and Tuolumne counties. The decision comes after monitoring overnight weather, which showed that critical wind and humidity levels were not reached. PG&E had informed around 130,000 customers about the potential PSPS over the weekend, but the number decreased as conditions improved. Customers will soon receive notifications confirming no power shutoff will occur.

Pacific Gas and Electric Company (PCG) has adjusted its upcoming Public Safety Power Shutoff (PSPS) due to weather changes, reducing the number of affected customers from 132,000 to 8,500. The PSPS will impact areas in five counties including Fresno and Tulare, with restoration expected by Tuesday evening. PG&E emphasizes the importance of notifying customers, particularly those with medical needs. This decision comes as high winds accompanied by fire-risk conditions are forecasted, underlining PG&E's commitment to ensuring safety while managing disruptions.