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 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.
Pacific Gas and Electric Company (PG&E) has announced an interactive webinar scheduled for April 8, 2025, from 5:30 p.m. to 7:00 p.m., focusing on wildfire prevention and safety resources. The virtual event will feature PG&E experts, including Senior Vice President Aaron Johnson, who will present and answer questions about the company's wildfire safety initiatives.
The webinar will cover:
- Updates on wildfire safety efforts and progress
- Available customer support resources
- Direct interaction with PG&E leadership
The event will be accessible via web link, phone (800-621-7732), and through PG&E's website. American Sign Language interpretation will be provided for accessibility.
PG&E is highlighting National Safe Digging Month by emphasizing the importance of calling 811 before starting any digging project. The company reports that in 2024, there were 1,302 incidents of damaged underground utility lines in Northern and Central California, with 60% of cases occurring without prior 811 notification. For homeowners specifically, this rises to 89%.
The average repair cost for damaged utility lines is $3,500. Common damage causes include fence construction, landscaping, tree work, and irrigation projects. Underground lines can be as shallow as a few inches below surface level. PG&E requires a minimum two-business-day notice before digging and provides free professional utility location marking services.
According to a Common Ground Alliance survey, 56% of homeowners plan to dig without calling 811 first. The company emphasizes safe digging practices, including marking project areas in white and using hand tools within 24 inches of underground lines.
PG&E (NYSE: PCG) has announced its upcoming first quarter 2025 earnings conference call, scheduled for Thursday, April 24, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time). The event will be accessible to the public through a simultaneous webcast.
Investors can access a replay of the conference call until May 1, 2025, by dialing (800) 770-2030 with confirmation code 92587. PG&E serves as an energy provider to 16 million Californians across a 70,000-square-mile service area in Northern and Central California.
PG&E (PCG) has announced plans to award up to $43 million in Microgrid Incentive Program (MIP) grant funding for nine new community microgrids across Northern and Central California. The initiative, part of a $200 million statewide program, will support disadvantaged communities vulnerable to power outages.
The selected projects span across Humboldt County (4 projects), Lake County (3 projects), and Marin County (2 projects), with four serving tribal communities. These microgrids will provide resilience for nearly 9,000 customers, including 3,600 with Access and Functional Needs. Individual project awards range from $1-6 million.
The program received 50 initial inquiries, with 22 advancing to submit applications after receiving $25,000 development grants. Projects were selected based on customer attributes, resilience benefits, and environmental impact. The microgrids will utilize clean energy solutions including solar, battery storage, pumped hydroelectric storage, and biomass.
PG&E (PCG) has launched the Seasonal Aggregation of Versatile Energy (SAVE), a first-of-its-kind virtual power plant program to enhance local grid reliability. The demonstration program will include up to 1,500 electric residential customers with battery storage systems and 400 customers with smart electric panels.
The VPP will operate for up to 100 hours from June through October 2025, focusing on peak demand periods. Working with aggregators Sunrun and SPAN, the program will utilize Tesla's grid services platform and SPAN's Dynamic Service Rating™ technology to manage home energy demand. The program targets areas with potential summer peak overloading, with 60% of participants from disadvantaged or low-income communities.
The initiative is funded through PG&E's Electric Program Investment Charge (EPIC) program, concentrating on the South Bay Area and Central Valley regions. Participating homes will maintain a minimum 20% battery backup reserve for power outages while contributing to grid stability.
PG&E announces automatic California Climate Credit distribution for April 2025, providing significant bill relief to millions of customers. Residential households will receive $58.23 for electric accounts and $67.03 for gas accounts, totaling $125.26 for dual-service customers.
The credit, funded by California's Cap-and-Trade Program, is distributed twice yearly for electric customers (April and October) and once for gas customers (April). Since 2014, PG&E residential customers have received nearly $1,000 in climate credits, contributing to over $12.9 billion in statewide program benefits.
The company also highlights various assistance programs including CARE (20% monthly discount), FERA (18% electricity discount), and Energy Savings Assistance for income-eligible customers. Additionally, PG&E promotes their Energy Efficiency DIY Toolkit, suggesting a $200 investment could yield hundreds in annual savings.
GM and PG&E have launched a residential Vehicle-to-Everything pilot program in Northern and Central California, offering up to $4,500 in incentives for qualifying GM Energy home products with bidirectional charging capability. The program allows compatible GM EVs to power homes during outages and potentially support grid resiliency.
Eligible vehicles include the 2024 models of Chevrolet Silverado EV, Equinox EV, Blazer EV, Cadillac Lyriq EV, GMC Sierra, and 2025 Cadillac Lyriq EV, with plans to add all 2025 EV models. The collaboration aims to evaluate bidirectional technology's potential for customer value and grid support, while participating customers can receive additional incentives through planned backup power events and continued enrollment.
PG&E is preparing for a significant winter storm forecast to hit its service area on March 12, 2025, with enhanced outage prediction capabilities. The company has deployed 1,600 weather stations, with 1,400 equipped with AI and machine learning technology to improve forecast accuracy.
The storm is expected to bring heavy rain, mountain snow, and strong southerly wind gusts exceeding 40-45 mph in higher terrains. Areas forecast to experience the strongest impact include the South Bay Area, Central Coast, Kern County, and North Coast regions.
The company is strategically positioning crews, technicians, and equipment based on AI-driven data to ensure swift power restoration. Chief Meteorologist Scott Strenfel emphasizes that the new technologies are improving forecast accuracy, leading to more cost-effective resource allocation and enhanced customer safety and reliability.
PG&E reports alarming utility scam statistics, with customers losing nearly $650,000 to fraudsters in 2024. The company received over 26,000 scam reports last year, with January 2025 alone seeing 1,700 attempts and $22,000 in losses. Small and medium businesses faced over 1,200 scam attempts in 2024.
During National Consumer Protection Week (March 2-8, 2025), PG&E is partnering with the Federal Trade Commission to raise awareness about scam prevention. Common tactics include threats of immediate service disconnection, demands for payment via prepaid cards, and impersonation of official phone numbers and websites.
The company emphasizes that it never requests financial information over phone, demands payment through prepaid cards or services like Zelle, or threatens disconnection without prior notification.
PG&E (NYSE: PCG) has announced its dividend schedule for Q1 2025. The company declared a regular cash dividend of $0.025 per share on common stock, payable on April 15, 2025, to shareholders of record as of March 31, 2025.
Additionally, Pacific Gas and Electric Company, PG&E's utility subsidiary, announced its regular preferred stock dividend for the three-month period ending April 30, 2025. These preferred stock dividends will be distributed on May 15, 2025, to shareholders of record as of April 30, 2025.