More Than $300,000 in College Scholarships Funded by PG&E Coworkers Now Available for Students in Northern and Central California

Rhea-AI Summary

Pacific Gas and Electric Company (NYSE:PCG) opened applications for more than $300,000 in scholarships funded by 11 employee resource groups (ERGs) and two engineering network groups (ENGs) for students with primary residence in PG&E's Northern and Central California service area.

Awards range from $1,000 to $6,000 and are funded through coworker donations, coworker fundraising events and the company's coworker giving program. Applications must be submitted by Feb. 28, 2026. Since 1989, ERGs and ENGs have awarded more than $6 million in scholarships. Eligibility criteria and applications are available on PG&E's website.

News Market Reaction

+0.19%

1 alert

+0.19% News Effect

On the day this news was published, PCG gained 0.19%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Scholarship funding: More than $300,000 Employee resource groups: 11 groups Engineering network groups: 2 groups +5 more

8 metrics

Scholarship funding More than $300,000 ERG and ENG scholarships for 2026 cycle

Employee resource groups 11 groups PG&E coworker-funded ERGs supporting scholarships

Engineering network groups 2 groups ENGs contributing to scholarship funding

Award size range $1,000 to $6,000 Individual ERG/ENG scholarship awards

Program history Since 1989 Start of ERG and ENG scholarship awards

Total scholarships to date More than $6 million Cumulative ERG and ENG scholarship awards

ERG/ENG membership More than 6,500 coworkers PG&E coworkers belonging to ERGs and ENGs

Coworker base 28,000 coworkers Total PG&E coworkers company-wide

Market Reality Check

Price: $16.40 Vol: Volume 13,614,425 is at 0...

normal vol

$16.40 Last Close

Volume Volume 13,614,425 is at 0.72x the 20-day average of 18,801,751, indicating lighter trading activity before this CSR headline. normal

Technical Shares trade just above the 200-day MA of 15.64 at a pre‑news level of 15.70, near a longer-term equilibrium.

Peers on Argus

PCG’s modest 0.83% gain contrasts with mixed peer moves: ED down 0.75% while WEC...

PCG’s modest 0.83% gain contrasts with mixed peer moves: ED down 0.75% while WEC, DTE, ETR, and PEG show smaller positive changes between 0.31% and 0.70%. With no peers in the momentum scanner, this looks stock-specific rather than a broad utilities rotation.

Historical Context

5 past events · Latest: Dec 30 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 30	Rate cut announcement	Neutral	-0.1%	Announced fourth residential electric rate decrease in two years.
Dec 22	Outage bill credits	Negative	-0.8%	Automatic bill credits for customers impacted by San Francisco outage.
Dec 22	Storm preparedness	Positive	+1.6%	Mobilized 5,500+ workers and resources ahead of major winter storms.
Dec 18	Bill-pay assistance	Positive	+0.9%	Extended Match My Payment bill-pay relief program into 2026.
Dec 17	Leadership changes	Positive	+2.7%	Announced new CEO structure and leadership roles to support customers.

Pattern Detected

Recent PG&E headlines—rate cuts, customer credits, assistance programs, storm readiness, and leadership changes—have generally seen price moves that align with the underlying sentiment, with no major post-news dislocations in the last five events.

Recent Company History

Over the past months, PG&E’s news flow has focused on customer affordability and operational reliability. On Dec 17 (news_id 948985), leadership changes and highlighted safety progress coincided with a 2.69% gain. Customer-support initiatives such as the $50 million Match My Payment program on Dec 18 (news_id 949830) and storm mobilization on Dec 22 (news_id 950760) also saw positive reactions. Bill credits after a San Francisco outage on Dec 22 (news_id 950911) and a rate cut announcement on Dec 30 (news_id 951989) produced flat-to-modest declines, suggesting largely efficient pricing of these customer-impact updates.

Market Pulse Summary

This announcement highlights PG&E coworkers funding more than $300,000 in scholarships for students ...

Analysis

This announcement highlights PG&E coworkers funding more than $300,000 in scholarships for students in its service area, continuing a program that has delivered over $6 million since 1989. In recent months, company news has centered on customer affordability, assistance programs, and leadership changes. Investors may contextualize this CSR update alongside those developments and ongoing regulatory disclosures, while monitoring future filings and operational updates for direct financial impact.

AI-generated analysis. Not financial advice.

Application Deadline is Feb. 28

OAKLAND, Calif., Jan. 12, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that scholarship applications are now being accepted for college-bound high schoolers as well as current college and continuing education students with a primary residence in PG&E's service area in Northern and Central California.

More than $300,000 is available through scholarships created and funded by PG&E's 11 employee resource groups (ERGs) and two engineering network groups (ENGs). These groups help advance a culture at PG&E where all coworkers are valued, included and supported. The funds are raised entirely through coworker donations, coworker fundraising events and the company's coworker giving program.

These scholarships are awarded annually to help offset the cost of higher education. ERG and ENG scholarship winners will each receive awards ranging from $1,000 to $6,000 for exemplary scholastic achievement and community leadership.

PG&E ERG and ENG scholarship information, including criteria and applications, is available on PG&E's website. To be considered for a scholarship, all applications must be submitted by Feb. 28.

"Our ERG and ENG scholarships support the ambitions and dreams of young people in the hometowns we serve. They help open doors to develop future leaders and breakthrough thinkers. The scholarships are part of how we're living our purpose at PG&E—delivering for our hometowns, serving our planet, and leading with love," said Deb Sinta, PG&E Senior Vice President, Talent, Culture and People.

Voices from past recipients

"I hope to work as either a software engineer or cybersecurity analyst to ensure a world where everyone may stay secure in this digital age," said 2025 ERG scholarship recipient Lina Kaci, a computer science major at UC Berkeley.

"My career goal is to become a researcher to create efficient power solutions to address global energy challenges and mitigate the risks of environmental and climate changes," said 2025 ERG scholarship recipient Kirby Fung, an engineering and applied science major at the California Institute of Technology.

A history of giving

Since 1989, PG&E's ERGs and ENGs have awarded more than $6 million in scholarships to thousands of recipients. More than 6,500 of PG&E's 28,000 coworkers belong to ERGs and ENGs. Each group is open to all coworkers and helps further the company's commitment to serving its hometowns and increasing coworker engagement.

PG&E's ERG and ENG scholarships are available through these 13 groups:

• Access Network (individuals with disabilities)
• AAPI (Asian American, Pacific Islander)
• Black
• Latino
• Legacy (tenured coworkers)
• MEENA (Middle East, Europe, and North Africa)
• National Society of Black Engineers (STEM career coworkers)
• NuEnergy (newer coworkers)
• PrideNetwork (LGBTQ+ coworkers)
• Samahan (Filipino)
• Society for Hispanic Professional Engineers (STEM career coworkers)
• Veterans
• Women's Network

Other scholarship opportunities

Besides the ERG and ENG scholarships, the Pacific Service Employees Association (PSEA), a nonprofit mutual benefit organization serving PG&E coworkers and retirees, also provides scholarships for dependents of company coworkers. In addition, The PG&E Corporation Foundation provides STEM scholarships through its Better Together STEM scholarships program.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news

View original content to download multimedia:https://www.prnewswire.com/news-releases/more-than-300-000-in-college-scholarships-funded-by-pge-coworkers-now-available-for-students-in-northern-and-central-california-302659000.html

SOURCE Pacific Gas and Electric Company

FAQ

How much money is PG&E (PCG) offering in ERG and ENG scholarships for 2026?

PG&E is offering more than $300,000 in ERG and ENG scholarships for students with primary residence in its Northern and Central California service area.

What are the award amounts for PG&E ERG and ENG scholarships (PCG) in 2026?

Scholarship awards for ERG and ENG winners range from $1,000 to $6,000 per recipient.

Who is eligible to apply for the PG&E (PCG) ERG and ENG scholarships?

Eligible applicants are college-bound high schoolers, current college students and continuing education students with a primary residence in PG&E's Northern and Central California service area.

What is the application deadline for PG&E (PCG) ERG and ENG scholarships?

All applications must be submitted by Feb. 28, 2026 to be considered.

How are the PG&E (PCG) ERG and ENG scholarships funded?

The scholarships are funded entirely by coworker donations, coworker fundraising events and the company's coworker giving program.