Celebrate Safely During Graduation Season; Keep Metallic Balloons Weighted Down
OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- With graduation season in full swing, Pacific Gas and Electric Company (PG&E) is warning customers about the public safety risks associated with helium-filled metallic balloons: If your graduation celebration involves balloons, make sure they are secured with a weight. Otherwise, they can float away and come into contact with overhead power lines, causing a public safety risk.
OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced the election of John O. Larsen to the Boards of Directors of PG&E Corporation and its subsidiary Pacific Gas and Electric Company, at the companies' Annual Meetings of Shareholders on May 22, 2025.
Mr. Larsen brings decades of experience in utility operations and large-scale customer engagement from his 36-year career at Alliant Energy Corporation based in Madison, Wisconsin. Alliant provides electricity and natural gas service to nearly 1.5 million customers in Iowa and Wisconsin.
OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- On May 22, 2025, PG&E Corporation (NYSE: PCG) declared its second quarter 2025 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025.
In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending July 31, 2025, to be payable on August 15, 2025, to shareholders of record as of July 31, 2025. PG&E will pay dividends on its eight series of preferred stock as follows:
Open to Government, Educational, Nonprofit Organizations; Deadline to Apply is July 18
OAKLAND, Calif., May 21, 2025 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) is accepting applications for its Better Together Nature Positive Innovation Grant program. The program will provide $500,000 in grants for initiatives dedicated to environmental stewardship.
Five $100,000 regional grants — $500,000 in total — will be awarded. The grants are for projects focused on air quality, land and water stewardship. Eligible applicants are government organizations, educational institutions and nonprofits.
General Rate Case Proposes Smallest Percentage Increase in a Decade
Residential Combined Bills Forecast to Be Lower in 2026, Flat in 2027 Compared to Today
OAKLAND, Calif., May 15, 2025 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) proposed energy system improvements to drive California's economic growth and increase climate change resilience. The company submitted this proposal, its 2027-2030 General Rate Case (GRC), to California regulators.
PG&E and the state's other investor-owned utilities are required to make multi-year cost proposals every four years. PG&E's application outlines a strategy to deliver customer bill stability while improving safety.
HESPERIA, Calif., May 7, 2025 /PRNewswire/ -- Pacific Gas and Electric Company recently joined elite fire professionals, top state and federal officials, and senior leaders representing philanthropy, insurance providers, and other electric utilities for the first-ever autonomous wildfire suppression demonstration in California.
Organized by Rain and Sikorsky, a Lockheed Martin company, the demonstration took place in in the Silverwood region of the Mojave River Valley nestled next to the San Bernardino National Forest. The demo featured a Black Hawk® helicopter equipped with autonomy systems from Lockheed Martin and Rain tracking and engaging multiple fires across the site, pulling water from dip tanks and extinguishing ignitions – all controlled via tablet.
PG&E Accelerating EV Adoption Among Customers With Limited Financial Resources
OAKLAND, Calif., April 29, 2025 /PRNewswire/ -- Electric Vehicles (EVs) are key to achieving California's climate goals and can help lower electric rates for customers, but research shows that the cost of owning an EV can be a challenge for drivers in lower-income communities. Pacific Gas and Electric Company (PG&E) is taking action to make EV ownership more affordable for customers with limited financial resources.
Flexible Service Connection allows customers with controllable power needs to connect to the grid without waiting for upgrades
OAKLAND, Calif., April 28, 2025 /PRNewswire/ -- As more people in California buy electric cars and commercial fleets transition to EVs, the need grows for more places to charge them.
Pacific Gas and Electric Company has installed more than 6,300 EV charging ports throughout Northern and Central California through its infrastructure programs, and PG&E has come up with a new way to even more quickly connect EV fast-charging stations and grid-scale batteries.
OAKLAND, Calif., April 24, 2025 /PRNewswire/ -- The Federal Aviation Administration (FAA) recognizes April 26 as National Drone Safety Day. The nationwide campaign is dedicated to educating the public on the importance of safe drone operation in recreation and business operations.
Autonomous aerial systems or "drones" are an essential part of PG&E's aerial fleet, and support the safe, reliable delivery of electric and gas service to millions of Californians. Drones enable PG&E to inspect assets closely, allowing crews to identify potential risks and when necessary, make repairs to areas of concern or damage. PG&E drones are operated by FAA licensed pilots.
OAKLAND, Calif., April 24, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes:
GAAP earnings were $0.28 per share for the first quarter of 2025, compared to earnings of $0.34 per share for the same period in 2024.Non-GAAP core earnings were $0.33 per share for the first quarter of 2025, compared to earnings of $0.37 per share for the same period in 2024.Equity needs fully satisfied to fund the five-year capital plan of $63 billion through 2028.2025 GAAP EPS guidance updated to $1.29 to $1.35 per share.2025 non-GAAP core EPS guidance reaffirmed at $1.48 to $1.52 per share.Data center pipeline continues to grow.On track to meet 2% non-fuel O&M reduction target.
PG&E Foundation Funding to Provide $5,000 Grants to 188 Restaurants and Commercial Caterers; Applications Being Accepted
OAKLAND, Calif., April 10, 2025 /PRNewswire/ -- For the fifth consecutive year, The PG&E Corporation Foundation (PG&E Foundation) will provide grants to support independent restaurant owners and their staffs. They are doing so through the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. The grants will support a record number of restaurants in Northern and Central California this year.
Westbank Issues Global Call for Data Centers
SAN JOSE, Calif., April 9, 2025 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) and real estate developer Westbank announced two major milestones in the development of Silicon Valley's innovative net-zero community. PG&E infrastructure upgrades have begun, and Westbank has launched a global call for data center partners to join the initiative.
Eastdil Secured, a global real estate investment bank, will lead the process of identifying partners who support using data centers to enhance communities.
PG&E Builds Upon Risk-Informed Safety Actions That Prevented Major Wildfires in 2023 and 2024
OAKLAND, Calif., April 7, 2025 /PRNewswire/ -- Building upon proven layers of protection that ensured no major wildfires resulted from the company's equipment in 2023 and 2024 and infused with technological innovation, Pacific Gas and Electric Company (PG&E) today shared its robust, risk-informed strategy to continue that progress in light of an ever-changing climate.
At the April 8 Virtual Event, PG&E Leaders Will Answer Questions and Share Available Resources
OAKLAND, Calif., April 4, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) invites customers to an interactive webinar to share more about what we are doing to reduce wildfire risk and make our system safer.
On Tuesday, April 8, from 5:30 p.m. to 7:00 p.m., PG&E experts will provide a brief presentation, during which participants will have the opportunity to ask questions.
Damaging an underground utility line while digging can result in thousands of dollars in repair costs
OAKLAND, Calif., April 1, 2025 /PRNewswire/ -- Every day in Central and Northern California, underground utility lines are damaged due to homeowners and contractors failing to call 811 before starting digging projects. Not only is digging without knowing the location of underground lines dangerous, it can also result in expensive repairs and inconvenient outages. Pacific Gas and Electric Company (PG&E) is joining with others across the country during National Safe Digging Month to help raise awareness of the importance of calling 811 before you dig.
OAKLAND, Calif., March 27, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its first quarter 2025 results. The public can access the conference call through a simultaneous webcast. The link is provided below and will also be available from the PG&E Corporation website.
Application Window for Second Wave of PG&E Microgrid Incentive Program Grants Opens April 3
OAKLAND, Calif., March 26, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced its intent to award up to $43 million in Microgrid Incentive Program (MIP) grant funding for the development of nine new community-driven microgrids throughout its Northern and Central California service area. PG&E today also announced the opening of the application window for the second wave of MIP grant funding beginning April 3.
First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliability
OAKLAND, Calif., March 24, 2025 /PRNewswire/ -- Pacific Gas & Electric Company (PG&E) today announced the launch of Seasonal Aggregation of Versatile Energy (SAVE), an Electric Program Investment Charge (EPIC) demonstration and a first-of-its-kind virtual power plant (VPP) that harnesses residential distributed energy resources to reduce local grid constraints.
Small Business Customers Also Receive Credit
OAKLAND, Calif., March 17, 2025 /PRNewswire/ -- Millions of Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their April energy bill.
Residential households with an active electric account will receive an electric credit of $58.23. Residential households with an active gas account will receive a credit of $67.03. Customers receiving both gas and electric service from PG&E will receive a total April credit of $125.26.
OAKLAND, Calif., March 13, 2025 /PRNewswire/ -- General Motors has joined Pacific Gas & Electric Company's (PG&E) residential Vehicle-to-Everything pilot program, providing eligible customers in Northern and Central California with incentivized pricing for qualifying GM Energy home energy products.
GM Energy is working with utilities like PG&E to leverage GM's bidirectional EV charging technology, which allows compatible GM EVs to supply power back to homes during outages and, in the future, can support the grid by helping balance energy demand, with the goal of ultimately helping improve overall grid resiliency.
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