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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 Foundation (PCG) awarded five Northern and Central California community organizations a total of $500,000 on October 30, 2025 through the Better Together Nature Positive Innovation Grant program.
Each grantee receives $100,000 to support local environmental stewardship projects focused on land, air quality and water in disadvantaged communities. Funding is from PG&E shareholders, not customers. Recipients span five regions and include projects in restoration, water stewardship, eco-literacy, wetlands, and urban agriculture.
PG&E Corporation (PCG) corrected the beneficiary name in a news release: the grant recipient is Sorrel Leaf Healing Center.
The PG&E Corporation Foundation awarded $500,000 in Better Together Nature Positive Innovation Grants, distributing $100,000 each to five Northern and Central California organizations to support local environmental stewardship projects. Funding comes from PG&E shareholders, not customers.
Grantees: Sorrel Leaf Healing Center; Butte Environmental Council; Literacy for Environmental Justice; Watsonville Wetlands Watch; Fresno Metro Ministry.
Pacific Gas and Electric (NYSE:PCG) on Oct 27, 2025 highlighted how phantom/standby power raises household bills and emissions and offered tools to cut waste.
Key figures: idle loads can be up to 10% of a typical household electric bill, cost up to $100/year per household, and are roughly responsible for 1% of global carbon emissions. The release cites an LBNL estimate that proactive steps can reduce standby power by about 20%. Recommended actions and programs include unplugging devices, smart power strips, Energy Star upgrades, PG&E tools (Home Energy Checkup, Energy Action Guide), HomeIntel smart-meter coaching, tool lending, Kill A Watt and plug-load loggers, and assistance/financing programs (Energy Savings Assistance, GoGreen Financing).
PG&E Corporation (NYSE: PCG) reported stronger third-quarter 2025 results and narrowed full-year guidance. GAAP EPS was $0.37 in Q3 and $0.89 year-to-date, versus $0.27 and $0.85 in 2024. Non-GAAP core EPS was $0.50 in Q3 and $1.14 year-to-date, versus $0.37 and $1.06 in 2024. PG&E narrowed 2025 non-GAAP core EPS guidance to $1.49–$1.51 and initiated 2026 guidance at $1.62–$1.66, while reaffirming at least 9% annual non-GAAP core EPS growth for 2027–2030.
Operational highlights: residential electric rates fell about 2.1% in Sept 2025; completed 97 miles of undergrounding in Q3 and reached 1,000 miles buried in high-fire areas; plans ~700 miles undergrounding plus 500 miles other upgrades in 2025–2026. Announced commercial operation of an ultra-long duration hybrid battery and hydrogen microgrid and connected > 3,100 electric customers and > 3,800 EV charging ports.
Pacific Gas and Electric Company (NYSE:PCG) announced it has constructed and energized 1,000 miles of underground powerlines in high fire-risk areas as of Oct 3, 2025. PG&E says undergrounding, plus stronger poles and line removals, has permanently removed 8.4% of wildfire ignition risk system‑wide since 2023. Underground lines now serve customers in high‑risk areas across 27 counties. Cost per mile fell from $4.0M to $3.1M in 2025. PG&E expects 1,600 miles underground by end of 2026, targeting an 18% system risk reduction.
The release cites additional system hardening (1,400 miles strengthened poles, ~1,600 weather stations, 650 HD cameras) and a Tier 1 wildfire mitigation maturity ranking from Stanford Woods Institute.
PG&E Corporation (NYSE: PCG) will release Third Quarter 2025 results and host an earnings conference call on Thursday, October 23, 2025 at 11:00 a.m. ET (8:00 a.m. PT).
The call will be available via simultaneous webcast at http://investor.pgecorp.com/news-events/events-and-presentations/default.aspx. A replay will be available on the same page and via toll-free replay through October 30, 2025 by dialing (800) 770-2030 with confirmation code 92587. Investor Relations contact: invrel@pge-corp.com.
PG&E Corporation is the holding company of Pacific Gas and Electric Company, serving 16 million Californians across a 70,000-square-mile service area in Northern and Central California.
PG&E (NYSE:PCG) and Energy Vault (NYSE:NRGV) have announced the successful completion of the Calistoga Resiliency Center (CRC), the world's first ultra-long duration hybrid battery and hydrogen energy storage microgrid. The 293 MWh system serves approximately 1,600 PG&E customers in Calistoga, California, providing at least 48 hours of continuous power during Public Safety Power Shutoffs with a peak output of 8.5 MW.
The zero-emission facility, financed with $28 million, is owned and operated by Energy Vault in partnership with PG&E under a long-term energy services agreement. The project integrates hydrogen fuel cells with lithium-ion batteries and is managed by Energy Vault's VaultOS™ Energy Management System. This milestone represents PG&E's largest and first fully renewable microgrid among its 13 distribution microgrids deployed since 2021.
PG&E (NYSE:PCG) has appointed Alejandro "Alex" Vallejo as Executive Vice President and Chief People Officer, effective September 30, 2025. A 15-year veteran of the company, Vallejo previously served as Chief Risk Officer and Senior Vice President of Ethics & Compliance. He succeeds Kaled Awada, who is departing to pursue other opportunities.
In his new role, Vallejo will lead PG&E's People organization, focusing on talent acquisition, labor relations, coworker development, and change management. His appointment aligns with PG&E's mission to build a culture centered on safety and customer satisfaction while developing a resilient energy system for California.
PG&E Corporation (NYSE: PCG) has declared its Q3 2025 regular cash dividend of $0.025 per share on common stock, payable on October 15, 2025, to shareholders of record as of September 30, 2025.
Additionally, its subsidiary Pacific Gas and Electric Company announced preferred stock dividends for eight series, with payments ranging from $0.27250 to $0.37500 per share, to be paid on November 15, 2025, to shareholders of record as of October 31, 2025. The preferred stock series include both redeemable and non-redeemable options with dividend rates between 4.36% and 6.00%.
Pacific Gas and Electric (NYSE:PCG) has selected 57 organizations from over 400 applicants to present at its 2025 Pitch Fest, scheduled for September 23-25 at PG&E's Oakland headquarters. The event focuses on innovations in climate tech, grid modernization, and wildfire resilience.
PG&E has allocated up to $25 million in funding through its Electric Program Investment Charge (EPIC) for new projects by year-end. The company plans to collaborate with selected vendors to integrate solutions into its systems. The event will feature a headline panel of successful startup co-founders who have previously partnered with PG&E, including leaders from BurnBot, Treeswift, and WeaveGrid.
The selected finalists will present solutions across various categories including Wildfire & Forest Management, EV & DER Management, Customer Electrification, Customer Resiliency, Large Load Management, Undergrounding, and Operational Cost Savings.