PG&E Us Stock Price, News & Analysis

PG&E and The PG&E Corporation Foundation have pledged $1 million for local disaster relief and recovery in 2022, including $750,000 to the American Red Cross. This funding aims to address wildfire preparedness and immediate response needs in underserved communities. Specifically, $25,000 will support organizations helping residents affected by the Electra Fire, and $300,000 will assist the Red Cross for local disaster responses. These contributions come from PG&E shareholders and underline the company's commitment to community support during fire season.

Pacific Gas and Electric Company (PCG) has partnered with Tesla to launch a pilot program creating a virtual power plant (VPP) to enhance electric grid reliability. Over 1,500 customers have enrolled to date, out of an invitation to 25,000 PG&E customers with Powerwalls. The program provides cash incentives, offering $2 per kilowatt-hour for electricity discharged during peak demand hours (4 to 9 p.m.). This initiative is part of PG&E's Emergency Load Reduction Program, aiming to utilize residential home batteries to support the grid in California.

The Gold Shovel Association (GSA) has appointed Joe Forline, Senior Vice President of Gas Operations at Pacific Gas and Electric Company (PG&E), to its Board of Directors. Forline, boasting over 35 years of experience in the utility sector, will enhance GSA’s focus on public and workforce safety centered on excavation and safe digging. His expertise will support GSA’s mission in raising awareness of the Gold Shovel Standard, contributing to improved damage prevention practices. In 2021, PG&E reported achieving top industry performance in damage prevention.

Pacific Gas and Electric Company (PG&E) has announced new leadership appointments in its Electric Operations and Gas Engineering sectors. Janisse Quiñones will become Senior Vice President, Electric Operations, bringing over 20 years of utility experience. Christine Cowsert Chapman will succeed her as Senior Vice President, Gas Engineering. Martin Wyspianski will take over as Vice President, Electric Engineering. These changes aim to enhance safety, reliability, and readiness within PG&E's energy systems, as emphasized by CEO Patti Poppe.

PG&E emphasizes safety precautions for the Fourth of July amid high temperatures and drought conditions. The utility advises customers to adhere to local fireworks regulations to prevent fires and electric hazards. Key safety tips include attending professional fireworks shows, avoiding illegal fireworks, and being cautious around power lines. Additionally, the company urges people to stay hydrated, recognize heat stroke symptoms, and ensure swimming safety. Customers are encouraged to update their contact information online to receive important alerts.

Pacific Gas and Electric Company (NYSE:PCG) has initiated the installation of up to 130 electric vehicle (EV) charging ports across 22 schools in Northern and Central California. The pilot program, named EV Charge Schools, aims to address charging gaps and support California’s clean transportation goals. As part of the initiative, PG&E will install level 2 charging stations funded by the company, with a significant portion of chargers in disadvantaged communities. An educational curriculum on EVs and sustainability will also be developed for K-12 teachers.

Pacific Gas and Electric Company (NYSE:PCG) continues its initiative to enhance community safety with the second episode of "7 Saturdays to a More Fire-Resistant Home." Hosted by Alicia Mason and fire safety expert David Hawks, the program educates customers on preparing for fire season. Key topics include tracking home hardening projects and creating emergency plans that include pets. This episode is available on the Safety Action Center, a resource aimed at helping families prepare for emergencies. A third episode will be released in July.

Southern California Edison and Pacific Gas and Electric Company, in collaboration with the 211 California Network, are enhancing emergency preparedness for customers facing Public Safety Power Shutoffs (PSPS) amid California's fire season. The joint effort focuses on supporting individuals with Access and Functional Needs, offering resources such as transportation, backup power, and meal delivery. Customers can access these services by calling 211 or texting 'PSPS'. The initiative aims to mitigate the impact of planned outages, ensuring critical assistance is available during emergencies.

PG&E and Southern California Edison are enhancing support for customers as California braces for increased wildfire risks. In partnership with the 211 California Network, they are offering a free service to assist individuals with Access and Functional Needs during potential Public Safety Power Shutoffs (PSPS). This initiative enables connections to community organizations for essential services such as transportation, meal delivery, and backup power. Customers can access assistance by calling 211 or texting 'PSPS' to 211-211, available 24/7, in response to ongoing drought conditions and wildfire threats.