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Electricity and natural gas utility
pge.comLast updated
In short: PG&E deferred $2B in investments and launched a strategic review amid wildfire liability and financial pressure.
Forecasted high winds, low humidity and fire danger could trigger outages starting Friday. About 12,200 customers may be affected; PG&E completed notifications and will provide community resource centers.
The proposal targets 5,000 miles to reduce wildfire risk by 98% and outages by 90% across 30 counties while saving $6 billion in maintenance costs.
The SHARE initiative partners with tech firms to enroll 21,000 homes and fund heat pump upgrades across California counties starting this fall.
The utility will postpone planned projects to lower financing costs while maintaining safety investments, alongside reaffirming 2026 earnings guidance of $1.64 to $1.66 per share.
PG&E may break off its gas business as California's wildfire liability fight drags on. 4 million customers are already footing the bill.
Pacific Gas & Electric (NYSE:PCG) reaffirmed its 2026 and 2027 core earnings guidance while advancing a strategic review aimed at improving its credit profile and...
Mayor Daniel Lurie and other city leaders say repeated PG&E outages and recent electrical fires in San Francisco warrant a public investigation by the California...
Pacific Gas & Electric (NYSE:PCG) is evaluating a broad range of strategic alternatives, including potential changes to capital allocation and business structure, as it seeks...
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