PG&E looks to offload 'extremely rare' San Francisco power station, and AI is a selling point
PG&E is selling a disused power station in San Francisco, marketing it as an ideal location for artificial intelligence or advanced manufacturing companies. The substation is described as "extremely rare" due to its prime location and potential for tech-focused development. This move highlights the growing demand for specialized real estate to support the AI industry.
SoCal Edison customers could get up to $8K in utility debt forgiven
Southern California Edison is offering an Arrearage Management Plan that allows eligible customers to have up to $8,000 in utility debt forgiven. To qualify, customers must be enrolled in specific discount programs, have used Edison for at least six months, owe over $500, and have made at least one payment in the past two years. This initiative addresses the skyrocketing energy bills in California, which have increased by 83% for Edison customers since 2015 and 39% statewide over the past six years.
Power restored in San Francisco's Sunset District after pole fire
Power has been restored to most PG&E customers in San Francisco's Sunset District following a pole fire that caused an outage for thousands of residents. District 4 Supervisor Alan Wong confirmed the restoration, noting that nearly 5,000 customers had their electricity back by 9:15 p.m. The outage, which began around 7:30 p.m. in the Outer Sunset and Parkside neighborhoods, necessitated power shutdown for safety during repairs.
TVA will consider a new electricity rate for data centers this week
The Tennessee Valley Authority (TVA) plans to discuss a new electricity rate for large industrial customers, including data centers, at its upcoming board meeting. Data centers currently account for 10% of TVA's electric load, and their growth has led TVA to invest in fossil fuel plants and nuclear power, while scaling back on solar. Environmental groups and experts are calling for greater transparency and policies to protect ratepayers from the infrastructure costs associated with data center expansion.
PG&E Corp. stock outperforms competitors on strong trading day
PG&E Corp. (PCG) saw its stock rally by 1.83% to $17.82 on Tuesday, outperforming the broader market, which experienced a rough trading session. The S&P 500 Index fell by 0.69% and the Dow Jones Industrial Average dropped by 0.22%. Despite the strong day, PG&E Corp. closed 6.97% below its 52-week high.
PG&E Receives $271 Million Federal Payment For Diablo Canyon Extended Operation
Pacific Gas and Electric (PG&E) has received a $271 million federal payment from the Department of Energy to support the continued operation of its Diablo Canyon nuclear power station. This funding is part of a $6 billion federal initiative launched in 2022 to preserve existing reactor fleets in the US. The move comes as PG&E and other officials advocate for the plant's operation beyond 2030.
PG&E Corp. stock underperforms Monday when compared to competitors
PG&E Corp. (PCG) stock fell 1.91% on Monday, closing at $17.50, despite a four-day winning streak. This underperformance occurred on a generally negative trading day, with both the S&P 500 Index and the Dow Jones Industrial Average also experiencing declines. The article highlights PCG's drop relative to the broader market and its competitors.
PGE bill discount program helps keep the lights on
Portland General Electric (PGE) has an Income-Qualified Bill Discount program to help customers struggling with high costs. Many eligible ratepayers in eastern Yamhill County, including Newberg and Dundee, are not yet enrolled. The program offers monthly discounts ranging from 15% to 80% based on household income and size, with a maximum income of $73,817 for a family of four to qualify.
PGE bill discount program helps keep the lights on
Portland General Electric (PGE) is promoting its Income-Qualified Bill Discount program to help customers struggling with rising costs. Many eligible households in Newberg and Dundee are not yet enrolled in the program, which offers discounts between 15% to 80% based on family size and income at or below 60% of the state’s median. PGE is encouraging ratepayers to apply to ensure more families can benefit from this financial assistance.
Diablo Canyon receives partial Civil Nuclear Credit payment -- ANS / Nuclear Newswire
Pacific Gas and Electric has received a $271 million payment from the Department of Energy's Civil Nuclear Credit Program for the continued operation of Diablo Canyon-1. These funds support the extended operating licenses for the Diablo Canyon nuclear power plant's two units, which are crucial for California's electricity supply, providing approximately 9 percent of the state's annual power generation. The plant's operational lifetime has been extended through 2044 and 2045 for Unit 1 and Unit 2 respectively, with potential for further extensions.
DTE Energy Co stock hits 52-week low at 19.55 USD
DTE Energy Co's preferred stock, Series E, has hit a 52-week low, closing at $19.55, marking an 8.2% decline over the past year. The stock trades 16% below its 52-week high with thin average daily volume, reflecting challenges in the energy sector and investor concerns. InvestingPro rates the parent company's financial health as "Fair" with a score of 2.16 out of 5.
Focus Partners Advisor Solutions LLC Makes New Investment in Pacific Gas & Electric Co. $PCG
Focus Partners Advisor Solutions LLC has initiated a new investment in Pacific Gas & Electric Co. (NYSE:PCG), purchasing 240,451 shares valued at approximately $4.04 million. Despite recent price target reductions from analysts, the company maintains a "Moderate Buy" consensus rating and reported Q2 EPS of $0.40, exceeding estimates, while revenue slightly missed expectations. Institutional investors hold a significant 78.56% of PCG's stock, and the company continues to pay a quarterly dividend and expects FY 2026 EPS of $1.64-$1.66.
Petaluma: Pg&E Project Will Close Frates Road Starting Monday
A section of Frates Road in Petaluma will be closed starting Monday due to a large maintenance project by Pacific Gas and Electric Co. The closure will occur Monday through Friday, from 9 a.m. to 3 p.m., between Lakeville Highway and Calle Ranchero Drive, and is expected to last until October 19. While residents will retain access, large trucks and other through traffic will be detoured.
California's I-5 gets 25 miles of buried power lines to slash wildfire risk by 98%
Pacific Gas & Electric has completed 25 miles of underground power lines along Interstate 5 in California's fire-prone Lebec area, aiming to reduce wildfire risk by 98% and limit public safety power shutoffs. This project is part of a broader strategy to make the electric system more resilient against wildfires, preventing widespread destruction, travel disruptions, and health hazards from smoke. The new underground system is expected to enter service by September, providing a safer connection through the corridor.
Pacific Gas & Electric (NYSE:PCG) Shares Pass Above 200-Day Moving Average - Should You Sell?
Pacific Gas & Electric (NYSE:PCG) shares recently crossed above their 200-day moving average, trading at $17.8190 with a 200-day average of $17.18. Despite outperforming EPS expectations with $0.40 versus $0.36, revenue of $5.90 billion missed estimates. Analyst sentiment remains largely positive, with a "Moderate Buy" consensus rating and a target price of $22.20, although some firms have adjusted their price targets.
PG&E takes to the skies with infrared inspection drones
PG&E is utilizing infrared and UV-equipped drones for inspecting electrical systems to detect potential issues like hot spots and damage before they cause outages or wildfires. These drones offer a "bird's eye view" and can cover more ground than traditional inspections, improving efficiency and reliability. PG&E emphasizes that the drones only collect data on their electrical infrastructure to ensure privacy.
PG&E Corp. stock outperforms competitors on strong trading day
PG&E Corp. (PCG) saw its stock advance by 2.18% to $17.84 on Friday, marking its fourth consecutive day of gains. This performance occurred during a generally poor trading session where the S&P 500 Index fell 0.17% and the Dow Jones Industrial Average fell 0.20%. The stock's positive movement demonstrates it outperformed its major market competitors.
PG&E to pay $22 million in Mosquito Fire settlement
PG&E has agreed to a $22 million settlement for its role in the Mosquito Fire. This payment will go towards compensating various local agencies and is part of a larger effort to address the damages caused by the wildfire.
PG&E fined $22 million for 2022 Mosquito Fire in Placer and El Dorado counties
The California Public Utilities Commission (CPUC) has fined PG&E $22 million for its role in the 2022 Mosquito Fire, which burned nearly 77,000 acres and destroyed 78 structures. The utility will pay $21 million to California's General Fund and $1 million for an independent review of its inspection practices. Although the official cause is still under investigation, lawsuits allege faulty PG&E equipment caused the fire, and the CPUC's investigation found violations of safety regulations.
PG&E moves 25 miles of power lines underground in Lebec
PG&E has nearly completed the undergrounding of 25 miles of power lines in the Lebec area. This project aims to enhance infrastructure reliability. Full details and photographs are available in the print edition and e-Edition of The Mountain Enterprise.
PG&E tests new way to bury power lines in Lakehead
PG&E has completed an undergrounding project in Lakehead, placing a half-mile section of electric distribution line underground using a new method called the Ground Level Distribution System (GLDS). This method allows for shallower installation compared to traditional undergrounding projects, potentially reducing the number of overhead power lines visible to residents.
PG&E ordered to pay $22M for devastating 2022 Mosquito Fire in Placer County
The California Public Utilities Commission (CPUC) has ordered Pacific Gas and Electric Company (PG&E) to pay $22 million in connection with the 2022 Mosquito Fire in Placer County. The utility will pay $21 million to the state's General Fund and $1 million for a third-party review of its Transmission Inspection Review Team's operations. An investigation found that PG&E's infrastructure violations of safety regulations contributed to the fire, which burned 76,788 acres and destroyed 78 structures.
PG&E ordered to pay $22M for devastating 2022 Mosquito Fire in Northern California
Pacific Gas and Electric Company (PG&E) has been ordered to pay $22 million in connection with the 2022 Mosquito Fire in Northern California. The California Public Utilities Commission (CPUC) approved a settlement penalizing PG&E for violations of safety regulations related to its infrastructure. The funds include $21 million for the state's General Fund and $1 million for an independent review of PG&E's Transmission Inspection Review Team operations.
PG&E ordered to pay $22M for devastating 2022 Mosquito Fire
Pacific Gas and Electric Company (PG&E) has been ordered by the California Public Utilities Commission (CPUC) to pay $22 million for its role in the 2022 Mosquito Fire. The utility will pay $21 million to the state's General Fund and $1 million for an independent review of its Transmission Inspection Review Team’s operations. The fire, which burned 76,788 acres and destroyed 78 structures, was linked to PG&E's infrastructure due to violations of safety regulations.
FERC Will Hold Public Scoping Sessions in Eureka Next Month on the Proposed Decommissioning of PG&E's Dams on the Upper Eel
The Federal Energy Regulatory Commission (FERC) will host public scoping sessions in Eureka next month regarding PG&E's proposal to decommission the Potter Valley Project, which includes dams on the Upper Eel River. These meetings, scheduled for September 15 and 16 at the Wharfinger Building, offer Humboldt County residents an opportunity to provide input for the environmental review. This decommissioning plan has become contentious due to an expressed interest from a Southern California water agency in taking over the project, despite FERC rejecting their intervention.
Massachusetts Financial Services (PCG) reports 4.7% beneficial stake in PG&E common stock
Massachusetts Financial Services Company has filed an amended ownership report (SCHEDULE 13G/A) for PG&E Corp. common stock, indicating a beneficial ownership of 103,909,322 shares, which represents 4.7% of PG&E’s common stock. The firm holds sole voting power over 100,121,703 shares and sole dispositive power over 103,909,322 shares. This filing signifies that their holdings are 5 percent or less of the class, including common shares and convertible securities on an as-converted basis.
PG&E Corp Options Spot-On: On August 11th, 66,643 Contracts Were Traded, With 1.76 Million Open Interest
This article analyzes the options trading activity for PG&E Corp (NYSE:PCG) on August 11th, highlighting significant volume with 66,643 contracts traded and a substantial open interest of 1.76 million. The analysis will delve into whether this activity signals a potential upward trend for the stock or if other factors are at play. Investors and analysts often monitor such options data for insights into market sentiment and possible future price movements.
PG&E hosts virtual forum to share wildfire prevention updates, customer resources
PG&E is holding a virtual town hall on Wednesday, August 12, for its North Valley and Sierra customers to discuss wildfire prevention efforts and available customer resources. The online event will run from 5:30 p.m. to 6:30 p.m., providing updates on wildfire safety, recent risk responses, and local engagement. Regional Vice President Joe Wilson will be present to answer questions and gather feedback from attendees.
Korea Electric Power posts W4.91tr operating profit in H1, but debt tops W211tr
Korea Electric Power (KEPCO) recorded an operating profit of 4.91 trillion won ($3.46 billion) in the first half of the year, a 16.6 percent decrease from the previous year due to rising fuel costs. Despite the profit, the company's debt surged to 211 trillion won, with daily interest payments of 11.5 billion won, making financial improvement a critical priority. The company plans to implement market reforms, self-rescue efforts, and promote energy efficiency to address its precarious financial situation, especially with anticipated impacts from international fuel price increases and a weaker won in the second half.
PG&E Corp (PCG) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for PG&E Corp (PCG), indicating a current earnings forecast score of 7.89 and ranking 17th in its industry. Analysts have set an average price target of $21.00, with most recommending a "Buy" for the stock. The report also includes expected revenue for the next quarter and recent EPS performance.
More than 1,800 lose power in San Francisco outage that darkens 3 neighborhoods
More than 1,800 PG&E customers in San Francisco's Russian Hill, North Beach, and Chinatown neighborhoods experienced a brief but disruptive power outage. The "large" and "unplanned" incident, which darkened traffic signals, began around 7:45 p.m. and was resolved by 9 p.m. Such outages can significantly impact residents, businesses, and essential services, highlighting the importance of reliable infrastructure and quick utility response.
PG&E Corp. stock outperforms competitors on strong trading day
PG&E Corp. (PCG) stock advanced 1.53% to $17.30 on Tuesday, outperforming the broader market which saw the S&P 500 Index and Dow Jones Industrial Average both fall. The company's shares closed 9.68% below its 52-week high.
PG&E Says California Homeowners are Hitting Underground Utility Lines at an Alarming Rate
PG&E reports that California homeowners are damaging underground utility lines at an alarming rate, with 1,247 strikes recorded in 2025 within its service area. A significant majority of these incidents, especially those involving homeowners, occurred because the 811 "call before you dig" service was not utilized. The utility company urges residents to call 811 two days before any digging project, no matter how small, to prevent safety risks and costly repairs.
PG&E: Governor's Recent Comments Give Few Specifics for Utilities
California Governor Gavin Newsom recently commented on new wildfire legislation, the future of Diablo Canyon, and his energy transition legacy. These remarks are likely among his last public statements on state energy policy before he leaves office. The article suggests these comments lacked specific details for utilities like PG&E.
PG&E invites customers to a virtual town hall on wildfire prevention and customer resources
PG&E is hosting a virtual town hall for customers in the North Valley & Sierra region on Wednesday, August 12, from 5:30 – 6:30 p.m. The event will provide updates on wildfire safety work, response to recent wildfire risks, and available customer resources. Attendees will have the opportunity to ask questions and provide feedback to local PG&E leaders.
Duke Energy Corporation $DUK Shares Sold by Constitution Capital LLC
Constitution Capital LLC reduced its stake in Duke Energy (NYSE:DUK) by 31.6% in the second quarter, selling 16,000 shares but still owning 34,713 shares valued at $4.39 million. Other institutional investors adjusted their positions, and overall, institutional investors hold 65.31% of the company's stock. Duke Energy recently reported strong quarterly earnings, beating estimates with $1.43 EPS and a 1.1% increase in revenue, and raised its quarterly dividend to $1.085.
PG&E Corp. stock underperforms Monday when compared to competitors
PG&E Corp. (PCG) stock fell 2.41% to $17.04 on Monday, underperforming the broader market which also saw declines. The S&P 500 Index dropped 0.06% and the Dow Jones Industrial Average fell 0.11%. PG&E Corp.'s stock closed 11.04% below its 52-week high reached in March.
PG&E Says a Free 811 Call Can Help Avoid $3,500 Repairs
PG&E is promoting National 811 Day on August 11 to encourage customers to call 811 before any digging project to prevent damage to underground utility lines. The company reported over 1,200 line strikes in 2025, with an average repair cost of $3,500, and a majority of these incidents occurred because 811 was not called. Calling 811 at least two business days prior allows utility professionals to mark lines for free, ensuring safety and avoiding costly repairs.
Power restored in 3 San Francisco neighborhoods after large PG&E outage
A power outage in San Francisco on Sunday night affected over 1,800 PG&E customers in Russian Hill, North Beach, and Chinatown. The "large" and "unplanned" outage began around 7:45 p.m. and was resolved shortly before 9 p.m. Traffic lights at Filbert Street and Columbus Avenue were also affected but restored by 9 p.m.
PG&E (PCG) Stock Still Seems Cheap After Wildfire Liability Warning
PG&E stock has seen a significant return over the past five years, but its current valuation presents a mixed picture. While the stock appears undervalued based on earnings multiples compared to the industry and its implied fair P/E ratio, ongoing concerns about wildfire liability and debt management continue to influence investor perception. The article suggests that the discount might only narrow if investors gain more comfort with the company's risk profile.
PG&E raises $1.7B in bonds, launches $1.2B tender offer for older notes
Pacific Gas and Electric Company (PG&E) has successfully issued $1.7 billion in new First Mortgage Bonds with maturities in 2032 and 2036. Simultaneously, PG&E launched a cash tender offer to repurchase up to $1.2 billion of older debt maturing in 2027. This strategic move allows PG&E to refinance near-term obligations, extending its debt maturity profile.
PG&E Corp Options Spot-On: On August 7th, 186.82K Contracts Were Traded, With 1.61 Million Open Interest
This article reports on significant options trading activity for PG&E Corp (PCG) on August 7th. It highlights that 186.82K contracts were traded, with a total open interest of 1.61 million, indicating substantial investor interest in the company's options.
PG&E completes 25 miles of underground power lines near Lebec to cut wildfire risk
PG&E has completed 25 miles of underground power lines in the Lebec area to significantly reduce wildfire risk and the need for public safety power shutoffs. This major wildfire-mitigation project is expected to become operational next month. The undergrounding effort is projected to eliminate approximately 98% of wildfire risk associated with PG&E's equipment in the region.
PG&E completes power line undergrounding work in southern Kern
Pacific Gas and Electric Co. (PG&E) has completed a project to underground 25 miles of power lines in the Lebec area of southern Kern County. This initiative is expected to substantially reduce wildfire risk along Interstate 5 by 98%, enhance electric reliability, and lower maintenance costs. PG&E aims to bury 1,900 miles of power lines by next year and plans to file a 10-year Electrical Undergrounding Plan later this year to continue this work.
PG&E Corp. stock outperforms competitors on strong trading day
PG&E Corp. (PCG) saw its stock rise by 2.71% to $17.46 on Friday, outperforming the broader market. This gain snapped a two-day losing streak for the company. The S&P 500 Index and the Dow Jones Industrial Average also experienced gains during the same trading session.
PG&E Corp (PCG) Stock News Today
This article provides recent news and stock performance data for PG&E Corp (PCG), showing a 2.74% increase in its stock price. It also lists several news items related to Ge Vernova Inc (GEV) stock movements from July and March, indicating that this page aggregates news for utility sector companies. The page serves as a financial information hub with current stock quotes and related articles.
PG&E Corp. stock outperforms competitors despite losses on the day
PG&E Corp. (PCG) stock experienced a 1.16% drop, closing at $17.00, despite the broader market also seeing declines with the S&P 500 down 0.18% and the Dow Jones Industrial Average falling 0.85%. This marks the second consecutive day of losses for the company's stock. The article highlights that even with these losses, PG&E Corp. outperformed its competitors on a relative basis.
PGE cuts power in parts of Government Camp to reduce wildfire risk near Mount Hood
Portland General Electric (PGE) has proactively de-energized parts of Government Camp near Mount Hood to minimize wildfire risk while firefighters battle the Grasshopper Fire. This precautionary measure aims to prevent electrical equipment from sparking new fires amidst hot, dry conditions and shifting winds. PGE will restore power once it is safe to do so.
Partnership in practice: PG&E and SFFD prepare for real-world emergencies
PG&E and the San Francisco Fire Department (SFFD) recently conducted a joint training exercise on Treasure Island to prepare for real-world emergencies involving electric substations. This exercise aimed to strengthen emergency response coordination, enhance communication, and improve public safety during critical infrastructure incidents. The partnership also includes a $1.25 million charitable contribution from the PG&E Foundation to support a new multi-use fire engine for the SFFD.
Evergy's Q2 Earnings Beat Estimates, Revenues Increase Y/Y
Evergy Inc. (EVRG) reported strong second-quarter 2026 results, with adjusted earnings of 88 cents per share, surpassing the Zacks Consensus Estimate by 7.3% and increasing 7.3% year over year. Total revenues also exceeded expectations at $1.50 billion, growing 4.4% from the prior-year quarter. The company reaffirmed its 2026 adjusted EPS guidance and maintained its long-term annual growth target through 2030.
