PCG.PRA Stock Price, News & Analysis

Pacific Gas and Electric Company (PCG) has restored electric service to nearly 50,000 customers since Christmas morning, with approximately 15,000 still without power as of 5 p.m. Sunday. The company is preparing for further outages due to forecasted winter storms, including low snow levels and potential debris flows affecting power lines. With rainfall totals at 206% of normal and snowpack at 102%, PG&E is utilizing a Storm Outage Prediction Model to enhance response efforts. Local emergency centers and resources have been activated to expedite restoration efforts.

Pacific Gas and Electric Company (PCG) is preparing for incoming storms in California, forecasted to bring strong winds and rainfall, potentially leading to widespread power outages. The company has activated its winter storm response plans and is pre-staging crews and equipment for rapid restoration. PG&E is working closely with meteorologists and has developed a Storm Outage Prediction Model to accurately assess storm impacts. Safety measures and resources are being allocated to ensure efficient response operations during the storm period.

Pacific Gas and Electric Company (NYSE:PCG) announced the 2021 recipients of its Resilience Hubs grants, aimed at supporting communities in Northern and Central California during climate-driven disruptions. The program allocated $25,000 each to four feasibility projects and $100,000 each to three design and build projects, totaling $400,000 annually over five years. Grant recipients include organizations like Albany CERT Inc. and the City of Richmond, focusing on creating safe gathering places and improving community preparedness for emergencies.

Pacific Gas and Electric Company (NYSE:PCG) has initiated several programs to assist customers in managing increased energy costs this winter due to rising natural gas prices, which are more than double compared to last winter. The company offers energy-saving tips and financial assistance programs, including the Low-Income Home Energy Assistance Program (LIHEAP) and the Relief for Energy Assistance through Community Help (REACH) Program. Additionally, PG&E has automatically enrolled over 810,000 customers in extended payment arrangements to help them manage past due balances.

Pacific Gas and Electric Company (PG&E, NYSE:PCG) has opened scholarship applications for college-bound high schoolers and current college students residing in Northern and Central California. Over $200,000 in awards will be distributed, with individual scholarships ranging from $1,000 to $6,000. Targeted groups include various employee resource groups promoting diversity and inclusion. Since 1989, PG&E has awarded more than $5 million in scholarships. Applications are due by February 25, 2022.

PG&E warns Californians about increasing scams targeting utility customers during the holiday season. Scammers impersonate utility companies, demanding immediate payments to prevent service disconnection. Key signs of these scams include threats of disconnection, requests for prepaid card payments, and misleading refund offers. PG&E advises customers to never purchase prepaid cards and to verify contact through official channels. During the COVID-19 pandemic, scammers have intensified their efforts, particularly against vulnerable populations. For more information, visit www.pge.com/scams.

Pacific Gas and Electric Company (NYSE: PCG) has successfully restored power to most of the 490,000 customers affected by severe winter storms in Northern and Central California. As of Friday, nearly 12,000 customers remain without electricity, primarily in Butte and Plumas counties. Restoration efforts are ongoing, with completion expected by Saturday.

Significant equipment damage was reported, necessitating repairs for 176 poles, 262 transformers, and 900 spans of wire. Over 1,500 PG&E employees have been working to restore service, with preparations underway for another storm expected this Sunday.

Pacific Gas and Electric Company (PG&E) has deployed thousands of workers to restore power following severe winter storms impacting Northern and Central California. Since Sunday, over 350,000 customers have had their electricity restored, but approximately 15,000 remain without power due to ongoing weather challenges. Heavy snow and road access issues are delaying restoration efforts, with further outages expected from a secondary storm. PG&E has mobilized a significant workforce, including 332 multi-person crews and support teams, to address damage to infrastructure, including 125 damaged poles and 174 transformers.

Pacific Gas and Electric Company (PCG) emphasizes safe and efficient holiday lighting practices to customers. The company highlights that nearly one-third of Christmas tree fires stem from electrical issues, urging safety measures like keeping trees away from heat sources and using flame-retardant materials. PG&E reports that operating 300 incandescent lights can cost up to $135.08 annually, while LED lights are significantly cheaper at $0.83. The company provides additional energy-saving tips during the holiday season.