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PG&E (PCG) Stock News

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Welcome to our dedicated page for PG&E news (Ticker: PCG), a resource for investors and traders seeking the latest updates and insights on PG&E stock.

PG&E Corporation reports developments tied to its regulated utility subsidiary, Pacific Gas and Electric Company, a combined natural gas and electric utility serving more than 16 million people across Northern and Central California. News commonly covers earnings, rate and bill-credit programs, grid reliability, wildfire prevention, emergency response, and customer safety communications.

Company updates also address electric-vehicle integration, residential electrification tools, the PG&E PowerHouse demonstration lab, and the Diablo Canyon Power Plant. Operational announcements often focus on sensor data, machine learning, smart meters, bidirectional charging, and programs intended to support a safer and more resilient electric system.

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The PG&E Corporation Foundation (PCG) and the California Fire Foundation have awarded $1 million in 2026 Wildfire Safety Grants to 75 local fire departments, agencies and nonprofits in Northern and Central California.

The grants, part of the broader 2026 Wildfire Safety and Preparedness Program (WSPP), support projects such as purchasing personal protective and specialized equipment, conducting defensible space and vegetation management, reducing hazardous fuels, and delivering wildfire safety education and outreach. Overall, PG&E and the PG&E Foundation are providing $1.8 million in charitable funding to CFF’s 2026 WSPP, of which the Wildfire Safety Grants represent $1 million. Since 2018, 505 grantees have received $6.5 million through this grant program, and total WSPP fire safety support since inception has reached $12.25 million, all funded by shareholders rather than customers.

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PG&E Corporation (PCG) declared a third quarter 2026 regular cash dividend of $0.05 per share on its common stock. The dividend is payable on October 15, 2026 to shareholders of record as of September 30, 2026.

Utility subsidiary Pacific Gas and Electric Company also declared regular preferred stock dividends for the three-month period ending October 30, 2026, payable on November 15, 2026 to shareholders of record as of October 30, 2026. Quarterly dividends per share on its eight series of first preferred stock range from $0.27250 to $0.37500, including $0.31250 on several 5.00% series and $0.37500 on the 6.00% non-redeemable series.

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PG&E (PCG) is advancing deployment of community microgrids in Northern and Central California, announcing new grant agreements for first-round projects and $30 million of second-wave awards under its Microgrid Incentive Program (MIP).

The utility now has more than $73 million in authorized community microgrid investments, including $43 million for nine initial projects announced in 2025 and the new tranche of funding. Several Tranche 1 projects have executed grant agreements to fund engineering, design and development. Three Lake County projects will study an innovative FLASHES concept that pairs tens of megawatts of local solar with pumped-hydro storage using subsurface water, targeting multi-day outage resilience and added firefighting water supply.

In Tranche 2, $30 million will support six new microgrids serving more than 2,200 customers, including critical facilities, across six counties. Awards range from $2–6 million each and use solar, batteries, biomass and biodiesel. One project, in Pescadero (San Mateo County), led by WestLight Energy, will combine about 1.5 MW of solar and a 2 MW battery system to provide at least 24 hours of standalone operation for over 200 customers.

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PG&E (PCG) announced SHARE (Smart Home Assets for Reliability and Efficiency), a virtual power plant initiative with Rewiring America, Google and multiple technology partners to improve grid reliability and affordability in Bay Area communities.

The proof-of-concept VPP will orchestrate home batteries, smart devices and battery-enabled heat pumps to reduce energy use during high-demand periods. PG&E aims to enroll nearly 21,000 existing flexible energy devices from partners including Tesla, Sunrun and Renew Home, with grid support expected to begin as early as fall 2026. Carrier will provide new high-efficiency, battery-enabled heat pumps for eligible customers in Santa Clara and Alameda counties, while Google will fully fund customer incentives, technology deployment and program delivery.

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PG&E Corporation (PCG) launched a broad strategic review and updated its 2027 capital plan as of September 2, 2026. The review, overseen by a new Board Strategic Review Committee of four independent directors, will examine regulatory, financial, operational and structural alternatives to strengthen safety, reliability, affordability and financial resilience.

The company aims to become an investment-grade utility while honoring existing labor, pension and claims obligations, and will seek input from California regulators, policymakers and stakeholders. As an interim step, PG&E plans to defer approximately $2 billion of 2027 capital spending, yet still invest about $11.4 billion in California, reducing its 2027 debt financing needs by $2 billion and lowering financing costs for customers. PG&E reaffirmed its 2026 non-GAAP core EPS guidance of $1.64–$1.66 and introduced 2027 non-GAAP core EPS guidance of $1.78–$1.82. The company expects to update investors on the review during regular earnings calls.

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PG&E (PCG) launched a strategic review and revised its 2027 capital plan to strengthen finances and keep customer energy costs more affordable. A Board-level Strategic Review Committee of four independent directors will evaluate regulatory, financial, operational and structural options, with a core goal of becoming a financially strong, investment-grade company while maintaining safety, reliability and honoring existing labor, pension and claims obligations.

For 2027, PG&E plans to defer approximately $2 billion of planned investment, leaving about $11.4 billion of capital spending and reducing debt financing needs by $2 billion. The company reaffirms 2026 non-GAAP core EPS guidance of $1.64–$1.66 and initiates 2027 guidance of $1.78–$1.82 per share, and will reassess longer-term EPS growth and 2028–2030 capital and rate base outlooks as part of the review.

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PG&E (NYSE:PCG) issued a statement on California’s Senate Bill 492, amended by the Legislature to address the state’s wildfire risk reduction and recovery framework. According to PG&E, the bill offers some improvement for wildfire survivor recovery and preparedness but does not adequately resolve financing risks from the current wildfire liability framework, which the company says is needed to ensure long-term investment in a safer, reliable and affordable energy system.

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Pacific Gas and Electric Company (NYSE: PCG) announced a major expansion of its residential Vehicle-to-Everything (V2X) program, adding new EV models from Kia, Volvo, Polestar, Nissan and General Motors, along with new charger options through partnerships with Bidirectional Energy and PowerFlex.

The program enables compatible EVs to serve as mobile batteries for home backup power, managing household energy costs, and supporting the grid. Residential customers can receive upfront incentives of $2,500 (or $3,000 in disadvantaged communities) plus a $1,500 Early Adopter Incentive for the first 250 enrollments. Commercial customers installing bidirectional chargers can access incentives up to $5,000, with enrollment open through June 30, 2027.

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Pacific Gas and Electric (NYSE:PCG) is highlighting National 811 Day on August 11 to reduce damage to underground utility lines in its Northern and Central California service area. According to the company, more than 1,200 underground line strikes occurred in 2025, with average repair costs of $3,500.

PG&E reports that 55% of 2025 incidents and 57% of 2026 incidents so far happened without an 811 call, rising to 89% for homeowners. The company urges customers to call 811 at least two business days before any digging project so utility professionals can mark underground gas, electric, water, telecom and sewer lines free of charge.

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Pacific Gas and Electric Company (NYSE: PCG) announced final results of its cash tender offers for its 3.30% Senior Notes due December 1, 2027 and 2.10% First Mortgage Bonds due August 1, 2027, capped by an Aggregate Maximum Tender Amount based on purchase price.

As of the July 31, 2026 Expiration Date, holders tendered $1,067,357,000 of 3.30% Senior Notes (Acceptance Priority Level 1) and $841,253,000 of 2.10% First Mortgage Bonds (Priority Level 2. The company will accept for payment an Aggregate Maximum Tender Amount of $1,218,990,000 of Bonds, with 2.10% First Mortgage Bonds subject to an 18.2% proration factor, rounded down to the nearest $1,000.

Tender Offer Consideration per $1,000 principal is $985.34 for the 3.30% Senior Notes and $977.95 for the 2.10% First Mortgage Bonds, based on specified U.S. Treasury reference securities plus a 20 bps fixed spread. Accepted Bonds will also receive accrued and unpaid interest. Settlement is subject to a Financing Condition. J.P. Morgan Securities and Barclays Capital are Dealer Managers, and D.F. King is Tender and Information Agent.

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FAQ

What is the current stock price of PG&E (PCG)?

The current stock price of PG&E (PCG) is $12.88 as of September 22, 2026.

What is the market cap of PG&E (PCG)?

The market cap of PG&E (PCG) is approximately 38.7B.