PG&E Us Stock Price, News & Analysis

Pacific Gas and Electric Company (PG&E) announced a continuation of the pause on energy service disconnections through 2021, despite the formal end of a moratorium initiated by the California Public Utilities Commission in March 2020. The utility is automatically enrolling residential and small business customers with overdue balances in extended payment plans. Additionally, PG&E is collaborating with the Department of Community Services and Development on the California Arrearage Payment Program (CAPP), which will allocate $1 billion to assist customers with pandemic-related energy debts.

PG&E and Southern California Edison have announced a partnership to enhance emergency preparedness services during Public Safety Power Shutoffs (PSPS), coinciding with National Preparedness Month. Through the 211 California Network, customers can access 24/7 support connecting them to local resources for transportation, shelter, and meal delivery. This initiative aims to assist vulnerable communities, including those with disabilities. The agreement seeks to extend resource availability statewide, ensuring critical support to affected customers during power shutoffs.

PG&E is enhancing its Safety Action Center website to improve emergency preparedness resources for Californians during Hispanic Heritage Month. The site now features information in Spanish and Chinese, responding to the needs of diverse communities. With over 2 million visits, the platform helps users create personalized emergency plans and includes essential tips for natural disaster preparedness. Key topics covered include defensive space creation, pet emergency plans, and home fire resistance. This initiative also coincides with National Preparedness Month.

Pacific Gas and Electric Company (NYSE: PCG) launched a new episode in its digital safety series, 7 Saturdays to a More Fire-Resistant Home, aimed at helping Californians prepare for wildfire season. The episode focuses on creating a defensible space of 100 feet around homes, featuring expert advice from former CAL FIRE Chief David Hawks. Viewers will learn techniques for maintaining fire-resistant landscapes and the importance of clearance between plants. Weekly episodes will continue to provide safety tips through the series.

PG&E Corporation announced today that it disputes criminal charges filed by the Shasta County District Attorney in connection with the September 2020 Zogg Fire. CEO Patti Poppe emphasized the company's commitment to safety and ongoing vegetation management efforts, including investing over $1.4 billion this year and removing 300,000 trees. Despite CAL FIRE's determination that a tree impacted their line, Poppe states they did not commit a crime. The company has seen a over 50% reduction in ignitions this year.

PG&E Corporation (NYSE: PCG) is set to hold its third quarter 2021 earnings call on November 1, 2021, at 11:00 a.m. Eastern Time. The call will be accessible via webcast, with a replay available until November 8, 2021. As a major player in the natural gas and electric sector, PG&E provides clean energy to 16 million customers in Northern and Central California. The company is headquartered in San Francisco and employs over 24,000 people. For more details, visit their investor relations page.

Pacific Gas and Electric Company (NYSE:PCG) is celebrating its role in California's clean energy transition during National Clean Energy Week (Sept. 20-24). In 2020, 85% of its electric power mix came from carbon-free resources, with a significant 45% from large-scale solar energy. PG&E is actively promoting electric vehicle (EV) adoption and enhancing grid reliability through a $1.4 billion investment in battery energy storage projects. The company supports over 580,000 rooftop solar installations, representing 20% of national rooftop solar capacity.

Pacific Gas and Electric Company (PG&E) urges California residents to prepare for emergencies as wildfire season approaches, emphasizing the importance of having an emergency kit and go-bag. With extreme drought and potential natural disasters like earthquakes and floods, PG&E highlights essential safety tips and preparation strategies, including maintaining updated emergency supplies and knowing multiple evacuation routes. The company provides resources through its Safety Action Center and encourages customers to stay informed about power outages using its hotline and online tools.

This weekend, PG&E launches a new video series titled ‘7 Saturdays to a More Fire-Resistant Home’, aimed at helping California homeowners mitigate wildfire risks. Led by David Hawks, a former CAL FIRE Chief, the series offers practical advice on creating defensible space and preparing for evacuations. With over 90% of California experiencing drought, the initiative is crucial for safety. Each week, new episodes will air on PG&E's Safety Action Center, providing resources for emergency preparedness.