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.
Pacific Gas and Electric Company (NYSE: PCG) announced final pricing terms for its cash tender offers to repurchase outstanding 3.30% Senior Notes due December 1, 2027 and 2.10% First Mortgage Bonds due August 1, 2027, for an aggregate purchase price capped at $1.2 billion, subject to adjustment.
The 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 a fixed spread of 20 basis points over specified 3.875% U.S. Treasury securities. The withdrawal and expiration deadline is 5:00 p.m., New York City time, on July 31, 2026, with settlement expected on August 4, 2026. Preliminary information indicates all tendered 3.30% Senior Notes are expected to be accepted and the 2.10% First Mortgage Bonds preliminarily prorated at 26.6%, subject to final results and a financing condition.
PG&E (NYSE:PCG) is preparing its electric system and workforce for an extended heat event across inland parts of its service area from July 31 to August 7, 2026, with peak temperatures expected August 1–3. According to PG&E, company meteorologists forecast temperatures of 102–108°F in Redding, Red Bluff and Marysville and 104–108°F in Stockton, Fresno and Bakersfield, which may further dry vegetation and increase wildfire potential.
PG&E reports it is aligning staffing, enhancing crew readiness, pre-positioning equipment, and maintaining Fire & Flood Emergency Services suppression technology. The company is urging customers to prepare for possible heat-related outages and use its outage phone line, online Outage Center, and alert tools to stay informed.
Pacific Gas and Electric Company (NYSE: PCG) increased the Aggregate Maximum Tender Amount for its previously announced cash tender offers for its 3.30% Senior Notes due December 1, 2027 and 2.10% First Mortgage Bonds due August 1, 2027 from $1.0 billion to $1.2 billion, subject to Acceptance Priority Levels.
Holders who validly tender by the 5:00 p.m. New York City time July 31, 2026 Withdrawal Deadline are eligible for the Tender Offer Consideration plus accrued interest, if their bonds are accepted. The price will be determined at 3:00 p.m. New York City time on July 31, 2026. The 3.30% Senior Notes’ minimum tender denomination is amended to $100,000 and integral multiples of $1,000, while the minimum denominations for the 2.10% First Mortgage Bonds are unchanged. The offers are subject to conditions, including a Financing Condition, and may be subject to proration.
Pacific Gas and Electric Company (NYSE:PCG) has launched cash tender offers to purchase its 3.30% Senior Notes due December 1, 2027 and 2.10% First Mortgage Bonds due August 1, 2027, subject to an aggregate purchase price cap of $1,000,000,000, which the company may change.
The 3.30% Senior Notes (outstanding $1.15 billion) have the highest acceptance priority, followed by the 2.10% First Mortgage Bonds (outstanding $1.0 billion). Pricing will be set July 31, 2026 using a fixed spread of 20 basis points over specified U.S. Treasuries, with expiration on July 31, 2026 and expected settlement on August 4, 2026. Separately, the company has issued a conditional notice to redeem all $450 million of its 5.450% First Mortgage Bonds due June 15, 2027 on August 6, 2026, subject to funds being available.
PG&E Corporation (NYSE: PCG) reported second-quarter 2026 GAAP earnings of $733 million, or $0.33 per diluted share, up from $521 million, or $0.24, in 2025. Non-GAAP core earnings rose to $920 million, or $0.40 per share, from $674 million, or $0.31. For the first six months, GAAP EPS increased to $0.72 from $0.51, and non-GAAP core EPS to $0.83 from $0.64.
The company reaffirmed its full-year 2026 non-GAAP core EPS guidance of $1.64–$1.66 and reported progress toward a 2–4% reduction in non-fuel O&M. PG&E completed a $2.2 billion Utility bond issuance in June, totaling $4.4 billion in Utility debt financings year-to-date. Operationally, it expanded wildfire risk mitigation, reported a 60% cut in 2025 methane emissions versus 2015, advanced over 12 GW of data center projects, and continued customer support and electrification initiatives.
Pacific Gas and Electric Company (NYSE:PCG) will apply two California Climate Credits of $36.18 each to eligible residential electric customers’ August and September 2026 bills, totaling $72.36 in summer relief. Eligible small businesses receive $36.18 in April and October.
According to PG&E, credit timing was shifted by the CPUC to high-usage months, and since 2014 PG&E households have received nearly $1,200 each in credits, contributing to about $15.2 billion in statewide Cap-and-Invest benefits.
PG&E (NYSE:PCG) is monitoring a potential high wind event expected to begin around 1 p.m. on Wednesday, July 15, 2026, and is preparing for a possible Public Safety Power Shutoff (PSPS) affecting about 7,800 customers across small portions of 10 California counties, including Monterey (3,083 customers), Marin (2,017) and San Luis Obispo (1,978).
According to PG&E, this would be the third PSPS event of 2026 and is being considered due to a combination of high winds, low humidity and dry fuels. The company has activated its Emergency Operations Center, begun advance customer notifications, and highlights that PSPS remains a last-resort wildfire mitigation tool as it continues grid hardening, undergrounding, new technology and energy storage investments that have reduced PSPS impacts from over 2 million customers in 2019 to approximately 18,000 in 2025.
Pacific Gas and Electric Company (NYSE: PCG) is monitoring a high-wind event and preparing for a possible Public Safety Power Shutoff (PSPS) that could affect about 7,800 customers in small portions of 10 California counties, including Marin, Monterey and San Luis Obispo.
The planned PSPS, which would be the third in 2026, is driven by forecast high winds, low humidity and dry fuels that elevate wildfire risk. PG&E has activated its Emergency Operations Center and begun advance customer notifications, and notes that timing and scope may change with real‑time weather conditions.
PG&E (NYSE:PCG) reported a 60% reduction in methane emissions from its natural gas pipeline system in 2025 versus a 2015 baseline, surpassing California’s 2025 target and its own 2030 goal.
According to PG&E, this progress supports net zero greenhouse gas ambitions by 2040 and climate- and nature-positive goals by 2050.
PG&E Corporation (NYSE: PCG) will release and discuss its second quarter 2026 earnings on a conference call scheduled for Thursday, July 23, 2026, at 11:00 a.m. Eastern Time. The call will be available via live webcast and telephone replay for investors.