PG&E Us Stock Price, News & Analysis

Pacific Gas and Electric Company (PCG) has proposed crucial safety and clean energy investments as part of its 2023 General Rate Case (GRC) aimed at serving 16 million customers. The proposal includes approximately $7.4 billion in investments from 2023-2026 focused on wildfire safety, gas system reliability, and clean energy expansion. Key initiatives include hardening power lines, investing in electric vehicle infrastructure, and enhancing grid resilience. If approved, customer bills may increase by around 5% annually. The GRC aims to reduce wildfire risks and improve overall service.

Pacific Gas and Electric Company (PCG) has launched the third episode of its series, “7 Saturdays to a More Fire-Resistant Home,” aimed at helping Californians improve home safety against wildfires. This episode teaches viewers affordable methods for home hardening, such as sealing gaps to prevent ember entry. Co-hosted by PG&E experts, the series emphasizes the importance of these adjustments in increasing resilience against wildfires. New episodes will be released weekly for seven weeks on PG&E's Safety Action Center.

Pacific Gas and Electric Company (PCG) is hosting a series of weekly wildfire safety webinars throughout July 2021. These events aim to inform customers about wildfire prevention plans and gather feedback. Key topics include PG&E’s wildfire prevention efforts, resources for customers during Public Safety Power Shutoff (PSPS) events, and improvements in safety technology. Webinars will occur every Thursday from 6 p.m. to 7:30 p.m., covering various counties. Participation is open to all customers, with closed captioning available in multiple languages.

Pacific Gas and Electric Company (PG&E) supports community cooling centers to assist residents during extreme heat. This year, PG&E expands its funding partnerships with multiple counties and cities, including West Sacramento and Kingsburg, enhancing support for at-risk individuals, particularly seniors. Since 2007, PG&E has contributed over $600,000 to existing cooling centers. The company encourages public awareness through tips for safety during hot weather. More information can be found on PG&E's website.

PG&E Corporation (NYSE: PCG) will host its second quarter 2021 earnings call on July 29, 2021, at 11:00 a.m. Eastern Time. The call will be accessible via a webcast, available on the PG&E Corporation website. A replay of the call will be archived until August 5, 2021. PG&E operates as a leading natural gas and electric company in the United States, serving 16 million customers in Northern and Central California. For further details, visit pge.com.

Pacific Gas and Electric Company (NYSE: PCG) has introduced a new notification system for customers and non-account holders to receive alerts about Public Safety Power Shutoff (PSPS) events. As extreme weather can lead to wildfires, the utility may turn off power to prevent hazards. Interested individuals can register for alerts for multiple addresses, ensuring they stay informed about outages affecting their homes or important locations. Customers are encouraged to keep their contact details updated to receive timely notifications regarding potential power shutoffs.

Pacific Gas and Electric Company (PCG) introduces the second episode of its digital video safety series, 7 Saturdays to a More Fire-Resistant Home. This episode, co-hosted by David Hawks, offers homeowners essential tips for maintaining a 100-foot defensible space around their properties to combat wildfire risks. Viewers will learn to create fire-resistant landscapes, maintain clearance between plants, and support first responders. The series aims to enhance public safety and preparedness against natural disasters, with new episodes launching weekly.

The California Independent System Operator (CAISO) has issued a Flex Alert urging California residents to conserve energy today, June 18, from 6 p.m. to 9 p.m. This is due to high temperatures, expected to reach between 105-112 degrees, increasing electricity demand mainly from air conditioning. PG&E encourages energy-saving practices, such as adjusting thermostats and avoiding appliance use during peak hours. The utility also assures no need for a Public Safety Power Shutoff despite the heat, while offering programs for Demand Response to support customers in saving energy.

Pacific Gas and Electric (PCG) has launched a new video series titled ‘7 Saturdays to a More Fire-Resistant Home’, featuring expert David Hawks. This series provides valuable tips for Californians to prepare homes against wildfires amid significant drought conditions. With over 90% of California facing heightened wildfire risks, Hawks aims to educate homeowners on creating defensible spaces, hardening homes cost-effectively, and preparing for evacuations. The first episode is now available on the Safety Action Center, with new content released weekly for seven weeks.