PG&E Us Stock Price, News & Analysis

Pacific Gas and Electric Company (PCG) is alerting customers to the rising threat of scams, reporting over 7,200 scam incidents in 2022 alone. This figure is set to surpass the previous year's total of 11,000 reports, with customers losing more than $600,000 in 2021. PG&E emphasizes the importance of recognizing scam tactics, such as demands for immediate payment and requests for prepaid cards. Customers are urged to protect themselves by verifying account details through official channels and staying vigilant against impersonators. For more information, visit pge.com.

Pacific Gas and Electric Company (NYSE: PCG) announced its preferred stock dividend for Q3 2022. Shareholders of record as of July 29, 2022, will receive payments on August 15, 2022. The dividends are set at $0.31250 per share for 5.00% Series A, among others. Non-redeemable shares will see a dividend of $0.37500 for the 6.00% series. The company serves over 16 million customers across California, underlining its commitment to providing reliable utility services.

Pacific Gas and Electric Company (PG&E) is introducing initiatives to help customers manage their energy costs during the summer. As energy use typically spikes due to air conditioning, PG&E offers strategies including raising thermostat settings, installing smart thermostats, and checking air filters regularly. Customers can receive a smart thermostat at no cost by joining the SmartAC Program. Additional savings can be achieved through various income-qualified programs. For more tips on saving energy, visit PG&E's summer website.

Pacific Gas and Electric Company (PG&E) introduces new online tools to assist communities in preparing for wildfires. These tools include detailed weather forecasts and a Fire Watch map, accessible through their website. Customers can view high-definition cameras that monitor weather conditions across PG&E's service area, spanning 70,000 square miles in Northern and Central California. Additionally, PG&E's Satellite Fire Detection and Alerting System enhances wildfire detection capabilities, providing early warnings of potential fire incidents, part of their Community Wildfire Safety Program.

Pacific Gas and Electric Company (PCG, PCG.PRA) announced the successful rollout of their Enhanced Powerline Safety Settings (EPSS), protecting over 3 million residents in high fire-risk areas. These settings have resulted in an 82% reduction in CPUC-reportable ignitions that could lead to wildfires in 2022, mirroring 2021's results. By expanding the program across 1,000 circuits and 25,000 distribution line miles, PG&E aims to minimize outages while enhancing safety. The company continues to implement measures to mitigate the impact of outages for customers.

Pacific Gas and Electric Company (PCG, PCG.PRA) continues its long-standing commitment to supporting cooling centers across California, providing over $650,000 since 2007. This summer alone, PG&E has allocated more than $80,000 to help vulnerable populations, like seniors, during extreme heatwaves. Cooling centers are activated when local temperatures exceed set thresholds, ensuring community safety and comfort. PG&E encourages residents to utilize these resources to protect their health against rising temperatures.

PG&E Corporation has announced a charitable contribution of $500,000 to the California Restaurant Foundation to assist restaurants affected by the pandemic. This funding will provide $3,000 grants to 144 restaurants across 28 counties in its service area. The grants aim to support equipment upgrades and employee retention efforts. PG&E's cumulative contributions in 2021 and 2022 reached $1 million, aiding 319 local restaurants and fostering community recovery.

Pacific Gas and Electric Company is expanding its energy efficiency training programs in response to California's projected 8% growth in the clean energy workforce. Through its Energy Training Centers, PG&E provides over 400 resources aimed at enhancing technical skills for architects, engineers, HVAC technicians, and building maintenance professionals. The new courses focus on electrification and advanced technologies such as induction cooking and heat pump systems, allowing workers to gain valuable skills at no cost.