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) warns customers about increasing scams as the May 17 tax filing deadline approaches. Con artists impersonate PG&E employees to steal personal information and demand immediate payments to avoid service disconnections. Vulnerable groups, especially seniors and low-income families, are often targeted. PG&E reassures customers they never request financial information via phone or email and offers steps to verify legitimacy. Victims should report scams, with one customer recently losing $1,000. For more details, visit PG&E's scams page.
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Pacific Gas and Electric Company (PCG) is enhancing its commitment to safety by implementing year-round wildfire prevention measures and improving Public Safety Power Shutoff (PSPS) events. To solicit customer feedback, PCG is hosting weekly wildfire safety webinars featuring discussions on wildfire prevention efforts, resources for customers, and advancements in safety technology. These webinars will occur every Thursday evening through April 2021, covering various counties, and will be open to all customers with multilingual accessibility options.
As wildfire season nears, Pacific Gas and Electric Company (PCG) emphasizes wildfire preparedness during California's Wildfire Preparedness Week. The company encourages homeowners to create defensible space around their properties by trimming vegetation and clearing flammable materials. Tips include maintaining roofs and gutters free of debris and landscaping with fire-resistant plants. PG&E's Safety Action Center offers educational resources for families to prepare for natural disasters. With over 16 million customers, PG&E is committed to enhancing safety and resilience in wildfire-prone areas.
Pacific Gas and Electric Company (PCG) has announced the Better Together STEM Scholarship Program, providing $250,000 in scholarships for students pursuing degrees in STEM fields. The program will award 20 scholarships of $10,000 and 20 scholarships of $2,500. Scholarships are based on academic achievement, community involvement, and financial need. Since 2012, over $6.5 million has been awarded to students. Eligible applicants include high school seniors and college students who are PG&E customers and plan to enroll in full-time undergraduate studies in California.
PG&E Corporation (NYSE: PCG) has appointed Carla J. Peterman as Executive Vice President, Corporate Affairs, effective June 1, 2021. She will oversee corporate strategies, regulatory affairs, and public policy. Joining from Southern California Edison, Peterman has vast experience in California energy policy and was instrumental in wildfire legislation. Additionally, Margaret K. Becker and Christopher M. Patterson were appointed Vice President and Treasurer, and Vice President of State Legislative Affairs, respectively, effective May 1, 2021.
PG&E's meteorology team is monitoring an upcoming weather system affecting Northern and Central California, which is expected to bring rainfall and mountain snow starting Saturday. The company emphasizes the potential for weather-related power outages and reminds customers to prepare for safety. They have developed a Storm Outage Prediction Model using real-time weather data to enhance their response to outages. Customers are urged to follow safety tips during outages, including avoiding downed wires, using flashlights instead of candles, and preparing backup phone systems.
Pacific Gas and Electric Company (PCG) announced a reduction in residential customer bills this month due to the California Climate Credit. Customers receiving both gas and electric services will benefit from a credit of $41.82, while gas-only customers will see a credit of $24.62 and electric-only customers will receive $17.20. This credit reflects customer contributions to California's carbon pollution permit auctions. Amid ongoing financial struggles due to the pandemic, PG&E encourages customers with past-due balances to utilize various financial assistance programs before emergency protections expire.
Pacific Gas and Electric Company (PG&E) has launched enhanced resources to assist customers during Public Safety Power Shutoffs (PSPS) due to severe weather, which can lead to wildfires. Key initiatives include improved customer notifications in 16 languages, Address Alerts, expanded Community Resource Centers, and partnerships for meal replacements. Additionally, PG&E is supporting vulnerable populations with portable batteries and expanding community partnerships. The company is also committed to improving grid safety and reducing PSPS incidents through vegetation management, grid upgrades, and new technologies.
Pacific Gas and Electric Company (PG&E) has been recognized on the 2021 Utility Transformation Leaderboard by the Smart Electric Power Alliance (SEPA) for its commitment to a carbon-free electric system. The assessment reviewed over 100 U.S. utilities, highlighting PG&E's initiatives such as delivering 88% of its electricity from greenhouse gas-free resources and exceeding California's renewable energy goals. SEPA commended PG&E's comprehensive approach to transitioning its business and energy systems to meet climate goals while acknowledging the ongoing challenges ahead.
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