PG&E Us Stock Price, News & Analysis

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.

Pacific Gas and Electric (PG&E) has partnered with Aemetis to commission a new Renewable Natural Gas (RNG) facility in Keyes, California. This project will capture over 1.6 MMBtu of dairy methane annually, equivalent to the emissions of 1.1 million cars. The initiative supports California's transportation sector, aiming for carbon neutrality. PG&E's fourth RNG interconnection highlights its commitment to expanding renewable energy sources, with a goal to achieve net-zero greenhouse gas emissions by 2040 and climate positivity by 2050.

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.