Welcome to our dedicated page for PG&E Us news (Ticker: PCG), a resource for investors and traders seeking the latest updates and insights on PG&E Us stock.
PG&E Corporation (NYSE: PCG) is a California-based holding company whose primary business is conducted through its utility subsidiary, Pacific Gas and Electric Company. The utility is described as a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. This news page focuses on developments affecting PG&E’s customers, operations, regulatory environment, and capital structure.
Recent news releases highlight several themes that are central to PG&E’s ongoing story. These include announcements about electric and natural gas rate changes, such as the planned January 1, 2026 rate reductions described as the fourth electric rate decrease in two years, as well as programs designed to support income-eligible customers, including the Match My Payment Program and the REACH bill assistance program. Other updates cover automatic bill credits for customers affected by specific outages, storm preparedness efforts with pre-positioned crews and enhanced outage information tools, and scholarship programs funded by employee resource groups for students in PG&E’s service area.
PG&E’s news flow also includes information on grid modernization and innovation projects, such as the Dynamic Line Rating and Asset Health Monitoring technology demonstration funded through the Electric Program Investment Charge program, and vehicle-to-grid and vehicle-to-everything pilot projects conducted with partners at the Redwood Coast Airport Microgrid. Additional releases address wildfire mitigation measures, including undergrounding powerlines and related public opinion polling, as well as leadership and organizational changes intended to better align the company with customer and hometown needs.
Investors and observers can use this page to follow PG&E’s earnings-related communications, operational updates, safety initiatives, community programs, and regulatory disclosures as they are issued through official news channels.
PG&E Corporation (NYSE: PCG) reported second-quarter 2021 income for common shareholders of $397 million, or $0.18 per share, a significant recovery from a loss of $1,972 million, or $3.73 per share, in Q2 2020. Non-GAAP core earnings were $575 million, or $0.27 per share, compared to $542 million, or $1.03 per share, in 2020. 2021 GAAP earnings guidance is adjusted to $0.01 to $0.15 per share, while non-GAAP core earnings guidance remains at $0.95 to $1.05 per share. Factors impacting earnings include wildfire-related costs and unrecoverable expenses.
The California Independent System Operator (CAISO) has issued a Flex Alert urging residents to conserve electricity from 4 p.m. to 9 p.m. today due to anticipated high demand, primarily from air conditioning. The alert aims to prevent potential rotating power outages. PG&E provides energy-saving tips for residents and businesses, encouraging thermostat adjustments and energy-efficient practices. Currently, PG&E does not foresee issues meeting the increased demand and does not anticipate the need for a Public Safety Power Shutoff due to weather conditions.
Pacific Gas and Electric Company (PCG) has launched a significant initiative to underground approximately 10,000 miles of electric distribution power lines in High Fire Threat Districts (HFTD) as part of its wildfire risk reduction strategy. This initiative, announced by CEO Patti Poppe, is the largest of its kind in the U.S. and aims to enhance system safety, reduce Public Safety Power Shutoffs, and lessen vegetation management needs. PG&E will collaborate with stakeholders to identify additional undergrounding sites.
Pacific Gas and Electric (PCG) launched a new digital video series titled 7 Saturdays to a More Fire-Resistant Home, aimed at educating homeowners on wildfire preparedness. The fifth episode focuses on fire-resistant plants and trees. Co-hosted by David Hawks, a safety specialist, the series has garnered nearly 150,000 views for the first four episodes. The program is available on PG&E’s Safety Action Center, which provides resources for disaster preparedness.
The California Independent System Operator has issued a Flex Alert urging Californians to conserve energy today from 4-9 p.m. due to ongoing heat and the Bootleg Fire impacting electric transmission lines. The fire has drastically reduced power supplies, causing up to 3,500 megawatts loss in capacity. Previous Flex Alerts led to significant energy savings, helping to prevent rolling power outages. With temperatures expected to reach 113 degrees, PG&E emphasizes the importance of energy conservation measures for both residential and business customers.
California’s grid operator, CAISO, has issued a Flex Alert due to a growing wildfire in Southern Oregon and extreme heat, urging residents to conserve electricity. The alert is in effect from 4 p.m. to 9 p.m. on Saturday. Last month’s similar alerts led to significant energy reductions, helping to avoid power outages. PG&E encourages customers to reduce usage through various conservation tips. Despite increased demand, PG&E does not foresee power outages or the need for public safety power shutoffs, as they are prepared for the heat wave.
The California Independent System Operator (CAISO) has issued a Flex Alert for July 9, urging residents to conserve electricity from 4 p.m. to 9 p.m. due to extreme heat conditions. Increased demand from air conditioning is expected to strain the power grid. With temperatures reaching up to 114°F in some areas, PG&E's weather team does not anticipate power shortages but emphasizes conservation efforts. Home and business energy-saving tips are provided, including adjusting thermostats and utilizing fans. CAISO reports previous successful reductions in energy use during past Flex Alerts.
Pacific Gas and Electric (PCG) is aiding Californians as wildfire season peaks by sharing vital safety information. In the fourth episode of the 7 Saturdays to a More Fire-Resistant Home series, experts discuss emergency kits and evacuation plans. Key topics include signing up for emergency alerts, essentials for go-bags, and evacuation strategies. This initiative highlights PG&E’s commitment to community safety amid natural disasters. Viewers can access the series on PG&E's Safety Action Center.
Pacific Gas and Electric Company (PCG) has announced an extension of the moratorium on utility service disconnections until September 30, 2021. This measure, initiated in March 2020 by the California Public Utilities Commission, aims to provide ongoing relief to customers facing financial difficulties. Eligible customers will be auto-enrolled in new payment plans by the end of September. While disconnections are on hold, other customer protections have expired. PG&E continues to support customers, having assisted nearly 300,000 in the California Alternate Rates for Energy program since February 2020.
This Fourth of July marks California's first major holiday without COVID-19 restrictions, encouraging celebrations. PG&E urges customers to prioritize safety, highlighting risks associated with fireworks, barbeques, and swimming. The company recommends attending public fireworks displays, staying clear of power lines, and reporting any electric hazards. PG&E also emphasizes summer safety tips, including proper swimming precautions and heat-related illness awareness. Customers are encouraged to update their contact information for timely safety alerts. PG&E serves over 16 million people across Northern and Central California.