PG&E Us Stock Price, News & Analysis

PG&E warns customers of a surge in scams involving impostors demanding immediate payment for utility meter deposits to prevent disconnection. Customers received over 7,200 scam reports in 2022, significantly up from 11,000 in 2021, with losses exceeding $600,000. The company advises individuals to identify scam signs, such as demands for prepaid card payments and threats of immediate disconnection. PG&E emphasizes it does not request personal financial information over the phone or email. Customers should verify claims by contacting PG&E directly.

PG&E encourages energy-saving habits as students return to school, promoting small adjustments to reduce energy consumption at home. Key recommendations include setting thermostats at 78 degrees or higher to save 4-8% on cooling costs per degree, using refrigerators wisely by minimizing door openings, and unplugging unused devices. The initiative aims to instill lifelong energy-saving behaviors among families. For educational support, PG&E offers the 'Energy is Everything' program, providing free curriculum resources for K-12 educators across California.

Knightscope, Inc. (NASDAQ:KSCP) has expanded its partnership with Pacific Gas and Electric Company (NYSE:PCG), adding five more K5 Autonomous Security Robots (ASRs) to their contract, bringing the total to ten. This follows a successful pilot test in 2021 that demonstrated cost reductions and enhanced security operations. Knightscope's robots operate continuously and are positioned as a cost-effective solution amidst challenges in filling traditional security roles. The company aims to enhance safety across PG&E's numerous locations.

PG&E Corporation (NYSE: PCG) reported second-quarter 2022 GAAP earnings of $0.17 per diluted share, down from $0.18 in Q2 2021. Non-GAAP core earnings also decreased to $0.25 from $0.27. For the first half of 2022, GAAP earnings improved to $0.39 per share, while non-GAAP core earnings rose to $0.55. The company adjusted 2022 GAAP EPS guidance to a range of $0.74 to $1.02 and reaffirmed non-GAAP core earnings guidance at $1.07 to $1.13. Despite wildfire-related challenges, PG&E remains focused on risk reduction and strategic investments.

Duquesne Light Company (DLC) announced a collaboration with ComEd and Pacific Gas and Electric (PG&E) to enhance underground electrical infrastructure through the "Monitoring Electrical Cable Challenge." The initiative, with a prize pool of $750,000, aims to improve safety and reliability of underground networks in Pittsburgh. The partners will guide challenge finalists and evaluate results to strengthen the electrical grid. The final solutions will be tested, with a pilot deployment expected in early 2023. The challenge seeks innovative solutions to maintain critical infrastructure.

Pacific Gas and Electric Company (NYSE: PCG) has announced that customers and non-account holders can sign up for Public Safety Power Shutoff (PSPS) alerts for any address.
To continue receiving notifications, those who signed up before June 2022 need to re-enroll by June 2023. This service is available in multiple languages and is intended for anyone concerned about PSPS impacts on their locations.

PG&E emphasizes planning for outages and provides resources for emergency preparedness.

Pacific Gas and Electric Company (NYSE:PCG) released a bonus episode of its series "7 Saturdays to a More Fire-Resistant Home," focusing on wildfire preparedness. The episode guides Californians on how to prepare for evacuations during fire season, highlighting the importance of being ready when conditions change. Key topics include packing an emergency evacuation kit, steps to take during a wildfire, and staying informed. The series aims to equip families with essential safety knowledge to protect themselves and their homes.