PG&E Corporation reports developments tied to its regulated utility subsidiary, Pacific Gas and Electric Company, a combined natural gas and electric utility serving more than 16 million people across Northern and Central California. News commonly covers earnings, rate and bill-credit programs, grid reliability, wildfire prevention, emergency response, and customer safety communications.
Company updates also address electric-vehicle integration, residential electrification tools, the PG&E PowerHouse demonstration lab, and the Diablo Canyon Power Plant. Operational announcements often focus on sensor data, machine learning, smart meters, bidirectional charging, and programs intended to support a safer and more resilient electric system.
PG&E Corporation (NYSE: PCG) has announced a conference call on October 27, 2022, at 11:00 a.m. Eastern Time to discuss its third quarter 2022 results. The call will be accessible via a public webcast available on the PG&E Corporation website. The company, headquartered in Oakland, provides energy services to 16 million customers across a 70,000-square-mile area in California. A toll-free replay will be available until November 3, 2022. For additional information, stakeholders can contact Investor Relations.
Summary not available.
PG&E emphasizes the importance of emergency preparedness as part of September's National Preparedness Month. With disasters unpredictable, the company urges families to develop emergency plans. Vice President Angie Gibson highlights their commitment to community safety and preparedness, asserting that preparation can significantly impact response time during emergencies. PG&E offers resources through its Safety Action Center and recommends families familiarize themselves with local emergency services. Key preparedness tips include maintaining drinking water and non-perishable food supplies.
Pacific Gas and Electric Company (NYSE:PCG) is expanding its online wildfire safety resources amid rising wildfire risks in California. The new Wildfire Safety Videos hub will centralize customer support and safety initiatives. The initiative aims to improve customer preparedness and community safety through enhanced informational resources.
Pacific Gas and Electric Company (PCG) is offering flexible payment arrangements to assist customers facing higher energy bills due to a severe heat wave this summer. The recent heat wave caused energy usage to rise nearly 30% compared to last year. Customers have two payment options: spreading the balance over up to 12 months or delaying full payment.
Additionally, PG&E encourages customers to choose suitable rate plans and participate in various assistance programs to help manage costs during these challenging times.
Summary not available.
Pacific Gas and Electric Company has declared a regular preferred stock dividend of $0.31250 per share for the 5.00% Series A for the period ending October 31, 2022. This dividend will be payable on November 15, 2022, to shareholders on record as of October 31, 2022. The company will also pay dividends on various other series of preferred stock, including rates ranging from 4.36% to 6.00% per share. Common stock dividends have not been reinstated.
Summary not available.
Pacific Gas and Electric Company (NYSE:PCG) has announced $250,000 in scholarships for 40 students under its 2022 Better Together STEM Scholarship Program. The PG&E Corporation Foundation oversees the funding, offering 20 scholarships of $10,000 each and 20 scholarships of $2,500 each, aimed at supporting STEM education. Since 2012, the program has awarded over $6.7 million to students pursuing degrees in science, technology, engineering, and math. The scholarships are based on academic performance, community involvement, and financial need.
PG&E is on alert for potential rotating power outages as California faces extreme heat, impacting electricity demand on the grid. Customers are urged to conserve power until 9 p.m. today, as the California Independent System Operator monitors the situation. As of 2:30 p.m., no outages are mandated, but PG&E has notified over 525,000 customers to prepare. The company has activated its Emergency Operations Center to address heat-related challenges and is deploying resources to restore power quickly if needed.