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Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E Customers
Prnewswire· 2024-04-17 00:39
 Qualifying Customers Can Receive Up to $1,000 Bill Credit by Making a Payment OAKLAND, Calif., April 16, 2024 /PRNewswire/ -- To help support more customers facing past-due energy bills, Pacific Gas and Electric Company (PG&E) is expanding the eligibility requirements and benefits offered by the Relief for Energy Assistance through Community Help (REACH) program. The REACH program helps qualifying customers pay their past-due energy bill to prevent service disconnections. The REACH Triple Match program pro ...
The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects
Prnewswire· 2024-04-11 01:00
Open to Government, Educational, Nonprofit Organizations; Deadline to Apply is June 7 OAKLAND, Calif., April 10, 2024 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) and Pacific Gas and Electric Company (PG&E) are now accepting applications for their Better Together Nature Positive Innovation and Resilience Hubs grant programs totaling $900,000 this year for projects and initiatives dedicated to environmental stewardship and climate resilience.   Better Together Nature Positive Innovation ...
When an Earthquake Strikes, Will Your Family Be Ready? Take Time During California Earthquake Preparedness Month to Shake-Proof Your Home and Business
Prnewswire· 2024-04-09 04:00
Experts say it's a matter of when not if the next earthquake strikes OAKLAND, Calif., April 8, 2024 /PRNewswire/ -- After 23 years of studying the science and impacts of earthquakes, Megan Stanton knows two important facts every Californian should remember - there will be strong earthquakes every year, and there are ways to prepare in advance to keep you and your family safe. "Computer models and historical data show that we have a chance of at least a magnitude 6 earthquake every year. Those earthquakes ar ...
Planning a Project that Involves Digging? Call 811 to Know What's Below Before You Start
Prnewswire· 2024-04-02 01:09
拨打811号码的重要性 - 4月被认定为全国安全挖掘月,以提高人们对拨打811号码进行挖掘项目前的意识[1] - 拨打811号码是免费的,可以避免挖掘时损坏地下设施,避免昂贵的维修费用[2] 挖掘时未拨打811号码的后果 - 2023年,北加州和中加州发生了1,262起挖掘时损坏地下燃气或电线的事件,63%的事件中没有拨打811号码[5]
PG&E Customers to Receive Up to $140.63 California Climate Credit on Spring Energy Bill
Prnewswire· 2024-03-12 00:06
California's Cap-and-Trade Program Continues to Benefit PG&E Customers through the California Climate Credit  OAKLAND, Calif., March 11, 2024 /PRNewswire/ -- In April, more than five million Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their energy bill.  Residential households with an active electric account will automatically receive an electric credit of $55.17, an increase from last year's credit of $38.39. Residential households with an a ...
4 Reasons to Add PG&E (PCG) Stock to Your Portfolio Now
Zacks Investment Research· 2024-03-09 00:31
PG&E Corporation’s (PCG) strategic investments in gas-related projects and electric system safety and reliability will help it boost customers’ satisfaction. Given its growth opportunities, PCG is a solid investment option in the utility sector.Let us focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for PCG’s first-quarter 2024 earnings per share (EPS) has increased 2.9% to 36 cents in the pa ...
Scammers Swindled Nearly $900,000 from PG&E Customers in 2023. Here's How Not to Be a Victim.
Prnewswire· 2024-03-05 02:00
National Consumer Protection Week Serves as a Great Reminder on How to Recognize and Avoid Potential Scams OAKLAND, Calif., March 4, 2024 /PRNewswire/ -- Scammers continue to take advantage of Pacific Gas and Electric Company (PG&E) customers. In fact, in 2023, PG&E received nearly 43,000 reports from customers who were targeted by scammers impersonating the company, and customers lost approximately $875,000 in fraudulent payments, with the average customer losing $785.  That's why PG&E joins the Federal Tr ...
PG&E Mobilizes for Potent Storm System Arriving Late This Week
Prnewswire· 2024-02-29 05:09
Time to prepare is now as after rain and wind Thursday and Friday, snow could fall as low as 2,000 feet with several feet of accumulation over 5,000 feet  National Weather Service has issued a Blizzard Warning encouraging people to avoid travel OAKLAND, Calif., Feb. 28, 2024 /PRNewswire/ -- Ahead of a strong winter storm expected to bring heavy rain, strong winds and low-elevation snow, Pacific Gas and Electric Company (PG&E) crews are readying to respond to expected power outages. The National Weather Serv ...
PG&E (PCG) - 2023 Q4 - Earnings Call Presentation
2024-02-23 02:48
At Least 10% Non-GAAP Core EPS Growth4 10% 12% Operating Cashflow $3.7B $4.7B $8.3B $10B+ Performance Playbook Enterprise Lean Maturity N/A 44% 51% 80% Risk Reduction Safety Certification Valid through 1/22/25 Financial S&P 500 / Rate Neutral Securitization Premium Multiple Premium Multiple …Benefits Customers AND Investors 16 Endnotes are included in the Appendix. Performance Is Power… Mid teens FFO/Debt in 2024 No new equity in 2024 2-4% Customer bill growth4 2023 - 2026 2023 Future | --- | --- | --- | |- ...
PG&E (PCG) - 2023 Q4 - Earnings Call Transcript
2024-02-23 02:45
财务数据和关键指标变化 - 公司2023年全年核心收益为1.23美元,达到年度指引范围的高端 [1] - 2023年第四季度公司获得了2023年全年通用费率案的全年收益 [1] - 公司2023年非燃料运营和维护成本降低5.5%,超过2%的年度目标 [1][2] 各条业务线数据和关键指标变化 - 无具体提及 各个市场数据和关键指标变化 - 公司2023年数据中心申请量较过去4年增加3倍 [14] 公司战略和发展方向及行业竞争 - 公司计划在2024年至2028年期间保持至少9%的核心每股收益增长 [2][5] - 公司未来5年资产负债率增长率预计为9.5% [2][12] - 公司计划在2024年不进行新股权融资,未来将寻求最有效的融资方式 [2][6] - 公司计划在2025年重新引入场外股权融资计划(ATM) [6][7][8] - 公司计划在2024年提交10年输电线路地下化计划 [5][14] 管理层对经营环境和未来前景的评论 - 公司看好加州清洁能源转型,认为这将为公司带来增长机遇 [10][14] - 公司认为通过精益运营系统和持续成本节约,可以在满足客户需求的同时保持股东回报 [2][3][4][5] 问答环节重要的提问和回答 问题1 **Shar Pourreza 提问** 询问公司关于PacGen交易的进展和融资计划 [6][7][8] **Carolyn Burke 回答** 公司目前还无法确定是否会使用场外股权融资计划,还有其他融资选择,包括保留收益、正常公用事业债务等 [6][7][8] 问题2 **Julien Dumoulin-Smith 提问** 询问公司是否会加快输电线路地下化计划 [9][10] **Patricia Poppe 回答** 公司2023年完成了350英里的地下化,并将在2024年完成250英里,未来还将提交10年地下化计划以获得监管批准 [9][10] 问题3 **David Arcaro 提问** 询问公司为何有信心给出至2028年的每股收益增长指引 [13] **Patricia Poppe 回答** 公司有保守的计划,通过资本投入需求、成本节约和有效融资,可以为客户提供负担得起的服务,同时为投资者提供持续稳定的回报 [13]