PG&E

PG&E Corp. is a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in San Francisco, CA.

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PG&E reports solid earnings, focuses on risk reduction and growth

PG&E's performance reflects stability and growth potential, supported by successful risk mitigation efforts and financial resilience.
While facing challenges in legal proceedings and financial disallowances, the company is well-positioned to capitalize on opportunities in infrastructure investment and EV market growth.
By focusing on operational excellence, regulatory progress, and innovation, PG&E aims to enhance its competitive position and drive sustainable growth in the future.

PG&E reports strong Q1 earnings, eyes asset sales for growth

PG&E's Q1 2023 Earnings Call showcased solid financial performance, progress in risk mitigation, and confidence in meeting targets. The company faces challenges with cost of capital adjustments and significant impact filings. However, opportunities like dividend reinstatement and asset sales present avenues for growth and savings.

PG&E reports steady earnings, focuses on safety and innovation

PG&E's financial performance in Q2 2023 was steady, with a focus on earnings growth and risk mitigation strategies.
The company's emphasis on safety, innovation, and AI integration highlights a commitment to operational excellence.
While facing regulatory and data protection challenges, PG&E is poised to leverage opportunities for growth and customer support.

PG&E reports in-line Q3 earnings, focuses on safety and stability

PG&E's Q3 performance met expectations, with a focus on safety, financial stability, and infrastructure investments.
While challenges exist in cash flow constraints and rate case decisions, the company is proactive in advocating for regulatory support.
Opportunities lie in strengthening financial metrics, legislative milestones, and ongoing infrastructure projects for future growth and resilience.

PG&E surpasses earnings expectations, Moody's upgrades rating outlook

PG&E's strong financial performance in 2023 exceeded expectations, with a positive outlook for future growth. The company's focus on risk mitigation, efficient financing, and customer service enhancements positions it well for continued success. Challenges include addressing potential asset sales and rate payer impacts, while opportunities lie in electrification and strategic financial planning.

PG&E reports solid Q1 earnings, eyes growth amidst regulatory challenges

PG&E's Q1 2024 performance aligns with guidance, emphasizing growth and customer benefits.
The company's financial plan prioritizes dividend growth, equity investments, and cost savings.
Challenges include financing CapEx, supply chain efficiency, and regulatory compliance.
Opportunities lie in investment potential, regulatory developments, and technological advancements.

PG&E reports solid earnings, advances safety measures amid wildfire risks

PG&E's Q2 2024 performance reflects steady earnings growth and strategic resilience, underpinned by robust financial risk mitigations and customer-centric investments.
While challenges persist in managing wildfire risks and navigating regulatory landscapes, the company's proactive approach and advocacy efforts signal a commitment to long-term sustainability.
Opportunities lie in influencing policy discussions, expanding market presence through affordable growth strategies, and leveraging additional liquidity for future investments and resilience.
Overall, PG&E's focus on safety, financial discipline, and stakeholder engagement positions it well for sustainable growth and value creation in the evolving energy landscape.

PG&E reports solid Q3 earnings, focuses on safety and growth

PG&E's financial performance in Q3 2024 showed steady growth and a narrowed EPS guidance for the year.
The company's commitment to safety, infrastructure investments, and financial discipline were key highlights.
Challenges in managing cash flows, securing financing, and regulatory compliance were also discussed.

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PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.

OAKLAND, Calif.--(BUSINESS WIRE)--To help customers prepare for possible emergencies due to increasing wildfire risk, Pacific Gas and Electric Company (PG&E) is expanding its wildfire safety and preparedness online toolkit. A new online Wildfire Safety Videos hub will serve as a one-stop shop with easy-to-navigate videos about customer support and wildfire safety initiatives. In response to California's evolving climate challenge, PG&E is continuing to create informational resources ava

To Help Customers Prepare and Stay Safe During Severe Weather, PG&E Launches Its Wildfire Safety Videos Hub

OAKLAND, Calif.--(BUSINESS WIRE)--This summer ended up being one of the hottest in the state's history with last month being the warmest month on record for several Central Valley cities. Historic high temperatures in many areas drove record energy use during the 10-day major heat wave earlier this month. Preliminary usage data shows that on average, Pacific Gas and Electric Company (PG&E) customers' residential usage increased almost 30% the week of September 4th over the same time last ye

Simple Ways to Save Energy: Take Advantage of PG&E Programs and Tools to Manage Energy Costs

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), declared the regular preferred stock dividend for the three-month period ending October 31, 2022, to be payable on November 15, 2022, to shareholders of record on October 31, 2022. Pacific Gas and Electric Company will pay a dividend on its eight series of preferred stock as follows: First Preferred Stock, $25 Par Value Quarterly Dividend to be Paid Per Share Redeemable 5.00% $0

Dates Set for Pacific Gas and Electric Company Quarterly Preferred Stock Dividend

Tesla

In the early hours on Monday, a Tesla Megapack battery caught fire at a key California power storage facility, the state's largest utility said in a statement to TechCrunch. According to PG&E, the utility “became aware of a fire in one Tesla Megapack at its Elkhorn Battery Storage facility” at around 1:30 a.m. in Moss Landing, which is located about 25 miles south of Santa Cruz, in Monterey County. The site is home to a facility that houses 256 Megapacks and is capable of storing up to 730 megawatt-hours of energy…when not aflame. Such facilities underpin the crucial transition to renewables by storing clean energy for use when the sun isn't shining.

PG&E says Tesla battery was source of power storage site fire

As of late Tuesday morning, there were no power outages for PG&E customers, nor any injuries to on-site personnel due to the fire.

Tesla Megapack battery caught fire at PG&E substation in California

OAKLAND, Calif.--(BUSINESS WIRE)--Through the end of October, Pacific Gas and Electric Company (PG&E) crews will survey electrical equipment, and the nearby vegetation, in 25 counties throughout Northern and Central California to spot and prevent potential wildfire risk. Helicopters equipped with Light Detection and Ranging (LiDAR) sensors and high-resolution imagery technology will evaluate PG&E powerlines and adjacent trees. “Our most important responsibility is the safety of our cust

Identifying Potential Risks: PG&E Surveying Powerlines by Helicopters to Keep Customers Safe

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) today announced that 40 students from hometowns across its service area will receive scholarships totaling $250,000 from the 2022 Better Together STEM Scholarship Program. The PG&E Corporation Foundation (The Foundation) funds the scholarships. This year, The Foundation is sponsoring 20 scholarships of $10,000 each and 20 scholarships of $2,500 each. The scholarships are given to students pursuing a degree in Scie

40 Local Students Across Northern and Central California to Receive Annual PG&E Better Together STEM Scholarships

Constellation Energy Corp

NRG Energy

Southwest Gas Hlds

In light of August inflation numbers coming in hotter than expected, five utility stocks with high guru ownership and have outperformed the Standard & Poor's 500 index over the past month are Constellation Energy Corp. ( CEG , Financial), PG&E Corp. ( PCG , Financial), NRG Energy Inc. ( NRG , Financial), Southwest Gas Holdings Inc. ( SWX , Financial) and The AES Corp. ( AES , Financial).

5 Utility Stocks Gurus Are Powering Up With

OAKLAND, Calif.--(BUSINESS WIRE)--With high temperatures continuing across California and the West, the state's grid operator has again directed utilities including Pacific Gas and Electric Company (PG&E) to prepare for possible rotating power outages due to the potential for electricity supply on the larger Western region grid to fall short of the increased demand. Rotating outages are a series of controlled outages that would affect customers for 1-2 hours. Rotating outages would relieve

As Extreme Heat Continues to Push Electricity Demand Higher Across the West, State's Grid Operator Directs Utilities to Prepare for Potential Rotating Power Outages

OAKLAND, Calif.--(BUSINESS WIRE)--With high temperatures continuing across California and the West, the state's grid operator has directed utilities including Pacific Gas and Electric Company (PG&E) to prepare for possible rotating power outages due to the potential for electricity supply on the larger Western region grid to fall short of the increased demand. Rotating outages are a series of controlled outages that would affect customers for 1-2 hours. Rotating outages would relieve stress

As Extreme Heat Pushes Electricity Demand Higher Across the West, State's Grid Operator Directs Utilities to Prepare for Potential Rotating Power Outages

OAKLAND, Calif.--(BUSINESS WIRE)--As excessive heat continues to bake California and the West, Pacific Gas and Electric Company (PG&E) continues to encourage customers to reduce demand on the grid. With temperatures for Tuesday forecast to be, once again, into triple digits, PG&E is prepared in all manner to respond to heat-related power outages, should they occur. Tuesday will mark the seventh consecutive day the state's grid operator, the California Independent System Operator (CAISO)

Heatwave Continues Across the State; Customers Urged to Conserve

OAKLAND, Calif.--(BUSINESS WIRE)--As a major summer heat wave continues to blanket the West, Pacific Gas and Electric Company (PG&E) is helping customers reduce demand on the grid and positioning its crews to respond to potential heat-related power outages in the coming days. The ongoing summer heat wave has prompted the state's grid operator, the California Independent System Operator (CAISO), to call a Flex Alert for the fifth straight day, urging consumers to reduce energy usage from 4 p

Call for Energy Conservation Extended as Western Heat Wave Intensifies

OAKLAND, Calif.--(BUSINESS WIRE)--With temperatures forecast to be 10-20 degrees above normal in many areas over the next several days, electricity demand is expected to continue to spike. The state's grid operator says the power grid has maintained reliability during the heat wave due to conservation efforts. Pacific Gas and Electric Company (PG&E) is grateful to its customers for doing their part. Actions like turning off lights and raising the thermostat a degree or two make a big differ

Day 4 of Prolonged Heat Wave Prompts Continued Call for Energy Conservation

OAKLAND, Calif.--(BUSINESS WIRE)--Following approval by the California State Legislature, Governor Gavin Newsom today signed Senate Bill 846 into law, seeking to extend operations at Diablo Canyon Power Plant (DCPP) in San Luis Obispo County for five years beyond its current license expiration in 2025. The plant, owned and operated by Pacific Gas and Electric Company (PG&E), would be used to improve statewide energy system reliability and reduce greenhouse gas emissions while additional ren

California Governor Signs Legislation Seeking to Extend Diablo Canyon Power Plant Operations to Support Statewide Grid Reliability

OAKLAND, Calif.--(BUSINESS WIRE)--The state's grid operator, the California Independent System Operator (CAISO), credits conservation efforts over the past two days for maintaining grid stability and has encouraged customers to answer the call once again today. CAISO issued a Flex Alert for the third consecutive day to be in effect today (Friday, Sept. 2) from 4 p.m. to 9 p.m., due to high temperatures pushing up energy demand across the West, primarily from air conditioning use. CAISO warned t

Californians Urged to Continue Conserving Electricity During Prolonged Heat Wave

OAKLAND, Calif.--(BUSINESS WIRE)--New this summer, Pacific Gas and Electric Company (PG&E) customers can be rewarded for saving energy when the state's grid operator calls a Flex Alert. A Flex Alert is a call for consumers to voluntarily conserve electricity when there is a predicted shortage of energy supply, especially if the grid operator needs to dip into reserves to cover demand. PG&E's Power Saver Rewards Program is a free, voluntary program financially rewarding participants for

Receive Bill Credit for Reducing Energy Use and Strain on Statewide Power Grid

OAKLAND, Calif.--(BUSINESS WIRE)--With hot temperatures and high energy demand across California, the state's power grid operator is asking residents statewide to voluntarily conserve electricity this afternoon and evening when the grid is most stressed due to higher demand and when energy supplies are tighter. The Flex Alert, called by the California Independent System Operator (CAISO), will be in effect today, Wednesday, Aug. 31 from 4 p.m. to 9 p.m. The grid operator is predicting an increas

State's Grid Operator Asks Californians to Conserve Energy Today Due to High Energy Demand and Tight Supplies Across the West

OAKLAND, Calif.--(BUSINESS WIRE)--It looks like tomorrow Thursday (September 1) will kick off a week of above normal temperatures throughout Northern and Central California. As part of our ongoing series, Simple Ways to Save Energy, Pacific Gas and Electric Company (PG&E) is helping customers prepare for the incoming excessive heat wave by sharing ways to reduce energy bills and stay safe. During the summer especially during times of prolonged extreme heat, the air conditioner can account f

Simple Ways to Save Energy: Take Steps Now to Prepare for Incoming Excessive Heat Wave

SACRAMENTO, Calif.--(BUSINESS WIRE)--The California Fire Foundation (CFF), with support from The PG&E Corporation Foundation (The Foundation), has awarded a total of $730,000 in wildfire safety grants to 66 local fire departments, fire agencies and community groups. The grants will help communities bolster their disaster preparedness and response. Funding will be used to purchase personal protective and specialized equipment for firefighters, complete defensible space and vegetation managem

Supporting Resiliency in Our Communities: The PG&E Corporation Foundation and California Fire Foundation Announce Grantees for Wildfire Safety Funding

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced an expansion of its remote grid program, including progressing four new Standalone Power Systems in 2022 and deploying a standardized monitoring and control platform that will help it scale the program to more than 30 systems by 2026. A Standalone Power System (or remote grid) is expected to provide the same or better levels of electric reliability using locally sited solar, batteries, and back-up gen

Improving Safety and Reliability: PG&E Developing Several New Remote Grid Systems to Replace Overhead Powerlines and Promote More Wireless Power in High Fire Threat Areas

SAN FRANCISCO--(BUSINESS WIRE)--Today, Aug. 11, is National 811 Day and Pacific Gas and Electric Company is joining together with utilities across the country to help spread the word about the risks of digging at any depth without placing a free call to 811 to have all underground gas, electric, and other service lines marked prior to starting any digging project. Customers, contractors and anyone planning to dig at any depth, should place a toll-free call to the free 811 service a minimum of t

National 811 Day a Reminder to Contractors and Homeowners to Call 811 Before All Digging Projects, Large or Small

OAKLAND, Calif.--(BUSINESS WIRE)--The PG&E Corporation Foundation (The Foundation) is providing $750,000 to local food banks to help feed individuals and families struggling with food insecurity. The contribution is equal to approximately 4.5 million pounds of food, or 3.75 million meals, for individuals and families in need. The funding will support 39 food banks serving 49 counties in Pacific Gas and Electric Company's (PG&E) service area. While California produces nearly half of the

To Help Combat Food Insecurity in Northern and Central California, The PG&E Corporation Foundation Contributes $750,000 to Local Food Banks

OAKLAND, Calif.--(BUSINESS WIRE)--In recent weeks, PG&E has received dozens of reports on an emerging scam: utility impostors demanding immediate payment for a SmartMeter deposit to avoid disconnection. As the number of these scam attempts targeting utility customers continue at an alarming rate, Pacific Gas and Electric Company (PG&E) wants to help customers recognize the signs of a scam so that they can avoid falling victim. In this latest scam campaign, scammers are contacting custom

PG&E Warns Customers of an Emerging Scam Campaign and Provides Tips on How Customers Can Protect Themselves

OAKLAND, Calif.--(BUSINESS WIRE)--Summer may be over for students heading back to class, but the hot weather will be sticking around for several more weeks. With the house or apartment a little emptier, now may be a great time to cut back on energy use. Ways to Save at Home as Students Head Back to the Classroom Adjust Thermostat Ensure the thermostat is set at 78 degrees or higher. Customers can save 4-8% on cooling costs for each degree the thermostat is raised. Use the Refrigerator Wisely Wi

Three Simple Ways to Reduce Energy Use at Home as Kids Head Back to School

OAKLAND, Calif.--(BUSINESS WIRE)--The PG&E Corporation Foundation (Foundation) has launched a new grant program that will offer communities across Northern and Central California up to $1.5 million over three years to support environmental stewardship. Climate change is threatening California's natural environment—and these grants will help enable communities to mobilize around and invest in solutions that can begin to address this challenge. The new program is designed to support resilient

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