PG&E Us Stock Price, News & Analysis

The Redwood Coast Airport Microgrid (RCAM) in Humboldt County, California, is now operational, marking the first 100% renewable energy microgrid for multiple customers in the state. Developed through a collaboration involving Pacific Gas and Electric (PG&E), the project incorporates a 2.2 MW solar array and a 2 MW battery energy storage system. The microgrid improves energy resilience for critical services, including the airport and US Coast Guard station, allowing for continued operations during grid outages. PG&E manages the microgrid, offering a replicable model for clean energy deployment.

Pacific Gas and Electric Company (PCG, PCG.PRA) urges customers in Northern and Central California to conserve energy amid an anticipated heat wave. Temperatures are expected to soar, leading to increased energy bills due to higher air conditioning use. PG&E provides energy-saving tips and encourages enrollment in the Bill Forecast Alert, which helps customers manage their bills. Additionally, income-eligible customers can save 18% on electricity bills through the Family Electric Rate Assistance (FERA) Program. PG&E aims to assist residents in minimizing energy costs this summer.

Pacific Gas and Electric (PG&E) unveiled new commitments under its Climate Strategy Report aimed at reducing carbon emissions and achieving net zero emissions by 2040. Notably, PG&E plans to have 70% of its electric power from renewable sources by 2030 and aims to fuel 3 million electric vehicles, which could cut carbon emissions by 58 million metric tons. Additionally, the company is transitioning to cleaner gas and will assess gas projects for electrification alternatives, emphasizing equity and inclusion throughout the process.

Pacific Gas and Electric Company (NYSE:PCG) announces that over 134,000 eligible customers can enroll in its Family Electric Rate Assistance (FERA) Program, which offers an 18% discount on monthly electric bills for qualifying households. Currently, less than 25% of eligible households in Northern and Central California are enrolled. With 174,219 households eligible and only 39,907 currently participating, PG&E aims to reach more customers to maximize savings. The program is funded through a rate surcharge paid by all utility customers and is designed to help income-qualified households.

Pacific Gas and Electric Company (PG&E) has launched three new bonus episodes of its video learning series, “7 Saturdays to a More Fire-Resistant Home,” aimed at helping Californians prepare for the wildfire season. Over 300,000 viewers engaged with the series last year, which offers critical information through the Ready, Set, Go! framework. Executives emphasize the increasing wildfire risks in California, urging community preparedness. The first of the new episodes is available on PG&E’s Safety Action Center, with the remaining episodes set to release in June.

PG&E is hosting two free 811 safe digging webinars in June as part of National Safety Month. The webinars aim to educate homeowners and contractors about the 811 process, helping them avoid costly repairs from damaging underground utilities. Sessions will be led by PG&E Damage Prevention specialists on June 1 from 3:30 PM to 4:00 PM and June 4 from 10:00 AM to 10:30 AM. Customers are encouraged to call 811 before any digging to prevent accidents and ensure safety, as average repair costs for damaged lines are around $3,500.

Pacific Gas and Electric Company (PCG) has completed the installation of Enhanced Powerline Safety Settings (EPSS) in high fire-risk areas. These settings can shut off power within one-tenth of a second upon detecting threats, reducing reportable ignitions by 80% on EPSS-enabled circuits. PG&E has expanded EPSS to cover 25,500 distribution line miles, protecting over 850,000 customers. The company is also enhancing customer support during outages, optimizing restoration processes, and launching new safety programs to reduce wildfire risks and improve service reliability.

PG&E, in collaboration with Bay Area Fire Safe Councils, has launched initiatives to aid Californians in preparing their homes against wildfires. Resources are available at Safetyactioncenter.pge.com, offering guidance on creating defensible spaces, hardening homes, and preparing emergency kits. The program includes training for community members, particularly the elderly, emphasizing the importance of wildfire preparedness. PG&E serves over 16 million customers across Northern and Central California.

Pacific Gas and Electric Company (PG&E) emphasizes safety tips for dealing with downed powerlines, especially during crises like wildfires and earthquakes. Customers are instructed to treat all downed lines as energized and report incidents immediately. Advice includes keeping a safe distance of 30 feet on dry ground and 60 feet on wet surfaces. In emergencies where powerlines block evacuation routes, PG&E advises driving slowly over lines if no alternative exists, and remaining in the vehicle until help arrives. Safety education resources are available on their website.