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 (NYSE: PCG) is a California-based holding company whose primary business is conducted through its utility subsidiary, Pacific Gas and Electric Company. The utility is described as a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. This news page focuses on developments affecting PG&E’s customers, operations, regulatory environment, and capital structure.
Recent news releases highlight several themes that are central to PG&E’s ongoing story. These include announcements about electric and natural gas rate changes, such as the planned January 1, 2026 rate reductions described as the fourth electric rate decrease in two years, as well as programs designed to support income-eligible customers, including the Match My Payment Program and the REACH bill assistance program. Other updates cover automatic bill credits for customers affected by specific outages, storm preparedness efforts with pre-positioned crews and enhanced outage information tools, and scholarship programs funded by employee resource groups for students in PG&E’s service area.
PG&E’s news flow also includes information on grid modernization and innovation projects, such as the Dynamic Line Rating and Asset Health Monitoring technology demonstration funded through the Electric Program Investment Charge program, and vehicle-to-grid and vehicle-to-everything pilot projects conducted with partners at the Redwood Coast Airport Microgrid. Additional releases address wildfire mitigation measures, including undergrounding powerlines and related public opinion polling, as well as leadership and organizational changes intended to better align the company with customer and hometown needs.
Investors and observers can use this page to follow PG&E’s earnings-related communications, operational updates, safety initiatives, community programs, and regulatory disclosures as they are issued through official news channels.
PG&E is mobilizing over 3,000 personnel in anticipation of a significant storm impacting Northern and Central California. Following the restoration of power to nearly 500,000 customers after a previous storm, approximately 360 electric crews and 397 technicians are on standby. The incoming weather system, expected to arrive January 4, could bring damaging winds and heavy rain, creating risks like flooding and power outages. PG&E is conducting proactive measures, including pre-staging equipment to ensure a swift response to any outages that may occur.
Pacific Gas and Electric Company (PCG) is preparing for a significant storm impacting Northern and Central California, which is expected to bring heavy rain and strong winds over New Year's weekend. PG&E warns customers to prepare for potential power outages as winds may gust between 35-55 MPH. The company is deploying extra crews and staging equipment to expedite power restoration. Customers are encouraged to have emergency plans and can access real-time outage information online. PG&E emphasizes safety measures during outages and the importance of keeping contact information updated.
Pacific Gas and Electric Company (PG&E) announced a property tax payment of over $339 million during the second half of 2022, reflecting a 9% increase from the previous year. This payment supports essential public services and is part of PG&E's ongoing investment to enhance gas and electric infrastructure, particularly for safety and wildfire mitigation. The total property tax payments for the fiscal year are expected to exceed $678 million, up by $57 million compared to last year.
Pacific Gas and Electric Company (PCG) is partnering with Enphase Energy to launch the Residential Storage Initiative, offering free battery systems to around 100 vulnerable, low-income customers affected by frequent power outages in California. This initiative supports enhanced safety measures that already achieved a 65% reduction in ignition incidents due to safety-related power shutoffs. The program aims to expand to several hundred additional residential customers in 2023, enhancing resilience and reliability in high fire-risk areas.
Pacific Gas and Electric Company (PCG) has opened applications for college scholarships for students in Northern and Central California, with the deadline set for February 24, 2023. The program offers over $200,000 in awards, supporting diversity through its employee resource groups and engineering networks. Scholarships range from $500 to $6,000 and are aimed at fostering future leaders. Since 1989, PG&E has awarded more than $5 million in scholarships, funded entirely by employee contributions.
Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation announced a total of $900,000 in grants aimed at supporting climate resilience efforts in California communities. The funding is allocated through two programs: the Better Together Nature Positive Innovation grant program, providing $500,000 to five organizations for biodiversity and environmental projects, and the Resilience Hubs grant program, which awards $400,000 to seven organizations for establishing climate resilience hubs. Both initiatives prioritize disadvantaged communities.
Pacific Gas and Electric Company (PG&E) has contributed
Pacific Gas and Electric Company (PCG) is preparing for a significant weather system impacting Northern and Central California this weekend. Meteorologists predict rain, gusty winds, heavy snow, and potential thunderstorms. PG&E emphasizes the importance of customer preparedness for possible power outages.
The company has activated its Emergency Operations Center to allocate resources effectively for storm-related outages. PG&E urges customers to stay informed and follow safety tips during adverse weather, including treating downed power lines as dangerous and using generators safely.
Pacific Gas and Electric Company (PCG) has launched a pre-enrollment website for customers interested in participating in three Vehicle-to-Everything (V2X) pilot programs. These initiatives will incentivize over 1,000 customers to utilize bidirectional EV charging technology, allowing electric vehicles to act as mobile batteries. The programs aim to support 3 million EVs by 2030, with over 2 million having vehicle-to-grid capabilities. Financial incentives for residential participants may reach up to
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