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.

PG&E Corp.'s (PCG) total revenues of $5,118 million decline 1.9% from the year-ago quarter. Revenues also miss the Zacks Consensus Estimate by 10.9%.

PG&E Corp. (PCG) Q2 Earnings Lag Estimates, Revenues Fall Y/Y

OAKLAND, Calif.--(BUSINESS WIRE)--PG&E Corporation (NYSE: PCG) recorded second-quarter 2022 income available for common shareholders of $356 million, or $0.17 per diluted share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with income available for common shareholders of $397 million, or $0.18 per diluted share, for the second quarter of 2021. GAAP results include non-core items that management does not consider representative of ongoing earn

PG&E Corporation Reports Second-Quarter 2022 Financial Results, on Track for Adjusted GAAP Earnings Guidance of $0.74 to $1.02 per Diluted Share and Reaffirmed Non-GAAP Core Earnings Guidance of $1.07 to $1.13 per Diluted Share

Exelon

Duquesne Light Company, ComEd and Pacific Gas and Electric identifying unique ways to enhance underground infrastructure and improve worker and public safety PITTSBURGH , July 27, 2022 /PRNewswire/ -- Duquesne Light Company (DLC) today announced that Commonwealth Edison (ComEd) — an Exelon Corporation unit — and Pacific Gas and Electric Company (PG&E) have joined the first phase of its public crowdsourcing innovation challenge — "Monitoring Electrical Cable Challenge: The Future of Underground Inspection" — which focuses on creating a more reliable and safer underground electric network in the Pittsburgh region. ComEd and PG&E are collaborating with DLC in two areas: guiding the challenge finalists on solution testing and evaluating the phase one results.

Innovative Utility Partnerships Making Underground Electrical Grid Stronger and Safer

PG&E Corp.'s (PCG) Q2 results are likely to reflect favorable impacts of warmer-than-normal temperature. However, wildfire activities might have pushed up operating expenses

PG&E (PCG) Set to Report Q2 Earnings: What's in Store?

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) customers and non-account holders can now sign up for notifications for any address they care about to stay informed about Public Safety Power Shutoffs (PSPS). High winds can cause tree branches and debris to contact energized lines, damage our equipment and cause wildfires. As a result, PG&E may need to turn off power during severe weather to prevent wildfires. This is called a PSPS. It is important to remember t

Public Safety Power Shutoff Address Alerts Provide Notifications for Addresses Other Than Your Home That Are Important to You, Including Schools or a Relative's Home

OAKLAND, Calif.--(BUSINESS WIRE)--In the final bonus episode of Pacific Gas and Electric Company's (PG&E) “7 Saturdays to a More Fire-Resistant Home (7 Saturdays),” viewers will learn how to “Get Set and Go!” should there be a wildfire in their community. Taking simple steps to prepare for an evacuation helps Californians practice how to safely and smoothly evacuate their community if a wildfire develops. “During fire season, conditions can change rapidly,” says PG&E Senior Public Safet

PG&E's Video Preparedness Series, 7 Saturdays, is Helping Californians to ‘Get Set and Go!' in the Event of a Wildfire

OAKLAND, Calif.--(BUSINESS WIRE)--The prolonged extreme heat of the summer can increase energy bills, which is why Pacific Gas and Electric Company (PG&E) makes helping customers reduce costs a priority. There are simple steps, free tools, and programs to minimize the impact of summer heat on energy bills. Unfortunately, common misconceptions about efficiency can not only increase energy use but end up costing customers money. Three Summer Energy Saving Myths Myth: Setting the thermostat lo

Helping Customers Maximize Energy Efficiency by Revealing the Top Energy Saving Myths

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OAKLAND, Calif.--(BUSINESS WIRE)--As fire crews continue to battle the Electra Fire in Amador and Calaveras counties, and the Washburn Fire in Mariposa County, Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (The Foundation) are providing charitable funding to local agencies and the American Red Cross (Red Cross) to help residents impacted by the fires. More broadly this fire season, PG&E and The Foundation are committing $1 million in charitable funding

Helping Communities Prepare for and Respond to Wildfires and Other Disasters: PG&E Supports Local Nonprofits, American Red Cross

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) and Tesla Inc. have launched a new pilot program that creates a virtual power plant, to help support electric grid reliability and save customers money. On June 22, Tesla invited approximately 25,000 PG&E customers with Powerwalls to join the VPP and help form the world's largest distributed battery. In the first two weeks of the new program, more than 3,000 customers have expressed interest in enrolling, with mor

25,000 PG&E and Tesla Customers Invited to Form World's Largest Distributed Battery to Support Electric Grid Reliability

OAKLAND, Calif.--(BUSINESS WIRE)--The Gold Shovel Association (GSA) recently announced the addition of Joe Forline, Senior Vice President, Gas Operations at Pacific Gas and Electric Company (PG&E), to its Board of Directors. GSA is a nationally recognized organization committed to improving public and workforce safety by focusing on the protection of underground infrastructure. “There is absolutely nothing more important to me than safety. One of the key areas of focus for customer and cont

Gold Shovel Association Welcomes PG&E Gas Leader Joe Forline to Board of Directors

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) announced today that it has named new leaders for its Electric Operations, Gas Engineering and Electric Engineering organizations. Janisse Quiñones, Christine Cowsert Chapman and Martin Wyspianski will help continue to transform PG&E's electric and gas systems with a focus on safety, reliability and readiness for California's changing energy landscape in the years ahead. “Janisse, Christine and Martin are emblemat

With a Focus on Safety and Customers, PG&E Names New Leaders In Electric Operations, and Gas and Electric Engineering

OAKLAND, Calif.--(BUSINESS WIRE)--It's critical to put safety first this Fourth of July with the triple digit heat combined with extremely dry conditions from an extended drought and climate change. Celebrations that involve fireworks, barbeques and swimming can increase the risk of fires, electric hazards, heat-related illnesses, and other perils. Echoing recommendations from first responders, PG&E asks customers to follow local rules and regulations regarding fireworks. Here are additiona

Drought Conditions and Extreme Heat Increase the Importance of Fire Safety this Fourth of July Holiday Weekend

OAKLAND, Calif.--(BUSINESS WIRE)--Today, Pacific Gas and Electric Company (PG&E) announced it has broken ground on the first of up to 130 new electric vehicle (EV) charging ports at 22 schools in its service area. The first installation is at Eastside College Preparatory School in East Palo Alto, Calif. Overall, PG&E's EV Charge Schools pilot program aims to help fill charging gaps at these locations and support California's clean transportation and decarbonization goals. Through the EV

Expanding Electric Vehicle Charging Options for Customers, PG&E Begins Installing EV Chargers at Schools

OAKLAND, Calif.--(BUSINESS WIRE)--In the second bonus episode of Pacific Gas and Electric Company's (PG&E) “7 Saturdays to a More Fire-Resistant Home,” customers will continue learning how to get “Ready” for fire season and make their homes and their communities more resistant to wildfire. “7 Saturdays” is co-hosted by Alicia Mason and David Hawks, a Senior Public Safety Specialist at PG&E. “Get Ready now for fire season,” said Hawks. Hawks, a retired fire chief of the CAL FIRE Butte Un

PG&E's Digital Preparedness Series, 7 Saturdays, is Preparing Californians to Get “Ready” for Wildfire Season

Edison

ROSEMEAD, Calif.--(BUSINESS WIRE)--SCE and PG&E partner with 211 California Network to enhance access to resources for customers during Public Safety Power Shutoffs.

Utility Partnership With 211 Enhances Support, Access to Customer Resources During PSPS Outages

OAKLAND, Calif.--(BUSINESS WIRE)--With the height of fire season around the corner throughout California, Southern California Edison and Pacific Gas and Electric Company, in partnership with the 211 California Network, have ramped up their emergency preparedness support for customers in preparation for Public Safety Power Shutoffs (PSPS). California's two largest utility companies are partnering with 211 Care Coordination, which assists individuals with Access and Functional Needs (AFN) who liv

Utility Partnership with 211 Enhances Support, Access to Customer Resources During PSPS Outages

OAKLAND, Calif. , June 28, 2022 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, July 28, 2022, at 11:00 a.m.

PG&E Corporation Schedules Second Quarter 2022 Earnings Release and Conference Call

OAKLAND, Calif.--(BUSINESS WIRE)--As the number of scams targeting utility customers continues at an alarming rate—typically by phone, online or in-person—Pacific Gas and Electric Company (PG&E) wants to help customers recognize the signs of a scam so that they can avoid falling victim. During 2022, PG&E has received more than 7,200 reports from customers who were targeted by scammers impersonating the company. That number is on pace to far exceed 2021, when there were more than 11,000

With Utility Scams on the Rise In 2022, PG&E Shares Tips on How Customers Can Protect Themselves

OAKLAND, Calif.--(BUSINESS WIRE)--On the first official day of summer Pacific Gas and Electric Company (PG&E) shares strategies to help customers save energy and keep costs down as temperatures continue to rise. Customers can utilize these simple steps, free tools, and programs to minimize the impact of summer heat on energy bills. “Energy use typically increases during the summer months as the air conditioner accounts for more than half of the energy consumed in the average home or busines

As Summer Begins, PG&E Helps Customers with Five Easy Ways to Reduce Energy Use

OAKLAND, Calif.--(BUSINESS WIRE)--Please replace the release dated June 13, 2022 with the following corrected version due to updated links in the second and sixth paragraphs. The updated release reads: PG&E'S ENERGY TRAINING CENTERS OFFER FREE EDUCATIONAL RESOURCES Training in Energy Efficiency, Electrification and Decarbonization Gives Architects, Engineers, Building Maintenance Professionals, HVAC Technicians and Others a Competitive Advantage With California's burgeoning energy efficienc

CORRECTING and REPLACING PG&E's Energy Training Centers Offer Free Educational Resources

OAKLAND, Calif.--(BUSINESS WIRE)--To help prepare customers and communities for the growing threat of wildfire, Pacific Gas and Electric Company (PG&E) provides online tools with detailed, localized weather forecasts and a Fire Watch map, allowing customers to access dozens of high-definition cameras that monitor weather conditions in one view. One click on www.pge.com/weather provides all that information and much more. Customers can easily check PG&E's weather map to see humidity, pre

PG&E Customers Now Have Access to High-Definition Camera Information to Monitor Weather Conditions in Their Communities

OAKLAND, Calif.--(BUSINESS WIRE)--Pacific Gas and Electric Company (PG&E) said today that its Enhanced Powerline Safety Settings (EPSS) now protect approximately 3 million people, or more than 1 million customers, who live in high fire-risk areas within the company's service area. The safety settings turn off power within one-tenth of a second when a fault, such as a tree limb coming into contact with a powerline, is detected. Last year, on 170 circuits with safety settings enabled, there w

As California's Traditional Fire Season Starts, PG&E Turns on Enhanced Powerline Safety Settings Across All High Fire-Risk Areas

California power utility Pacific Gas & Electric Co. is working on an ambitious project to bury thousands of miles of power lines in an effort to prevent igniting fires with its equipment and avoid shutting down electricity during hot and windy weather.

PG&E moves power underground in plan to bury 10,000 miles in California

OAKLAND, Calif.--(BUSINESS WIRE)--Cooling centers continue to provide a safe, air-conditioned location for all residents to cool down during extreme heat. Pacific Gas and Electric Company (PG&E) has long-provided financial support to fund the operation of existing county- and city-run cooling centers throughout the service area where summer temperatures typically reach triple digits, primarily in the Central Valley. “It is a priority for us to continue supporting cooling centers in areas th

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