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PG&E News

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MarketBeat.comOctober 3, 2022

Shares of PG&E Co. (NYSE:PCG - Get Rating) have been assigned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation and two have issued a buy recommendatio

PG&E Co. (NYSE:PCG) Receives Average Rating of "Moderate Buy" from Brokerages
MarketBeat.com
PG&E Co. (NYSE:PCG) Receives Average Rating of "Moderate Buy" from Brokerages
https://www.marketbeat.com/instant-alerts/nyse-pcg-consensus-analyst-rating-2022-10/
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KQEDOctober 2, 2022

From Gov. Gavin Newsom’s gubernatorial race to San Francisco District Attorney Brooke Jenkins’ move to win elected office, a look at the campaign finance totals in California and local races as of Oct. 1.

Which CA and Bay Area Candidates Are Out-Raising Their Opponents, and Which Are Trailing Behind?
KQED
Which CA and Bay Area Candidates Are Out-Raising Their Opponents, and Which Are Trailing Behind?
https://www.kqed.org/news/11927473/which-ca-and-bay-area-candidates-are-outraising-their-opponents-and-which-are-trailing-behind
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SURPERFORMANCEOctober 1, 2022

On Sept. 30, 1922, Pacific Gas & Electric pulled a switch at the Pit 1 Powerhouse in Shasta County for a substation nearly 200 miles away in Vacaville. At the time, the powerline connecting the…

PG&E’s Vaca-Dixon Substation celebrates its 100th anniversary
SURPERFORMANCE
PG&E’s Vaca-Dixon Substation celebrates its 100th anniversary
https://www.thereporter.com/2022/09/30/pges-vaca-dixon-substation-celebrates-its-100th-anniversary
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SURPERFORMANCEOctober 1, 2022

“For far too long, America’s largest utility – PG&E – has failed its customers and made California unsafe. The utility has underfunded modernization, line hardening and wildfire safety efforts for…

Senate Majority Leader Mike McGuire's bill to Expedite the Undergrounding of PG&E lines Signed by Governor Newsom
SURPERFORMANCE
Senate Majority Leader Mike McGuire's bill to Expedite the Undergrounding of PG&E lines Signed by Governor Newsom
https://kymkemp.com/2022/10/01/senate-majority-leader-mike-mcguires-bill-to-expedite-the-undergrounding-of-pge-lines-signed-by-governor-newsom/
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SURPERFORMANCEOctober 1, 2022

By Benjamin Spillman A newly signed long-term permit under the California Endangered Species Act between PG&E and the California Department of Wildlife will save time and... | October 1, 2022

Pacific Gas and Electric : PG&E's Innovative Conservation Agreement Protects Bay Area Species and Saves Ratepayers' Money
SURPERFORMANCE
Pacific Gas and Electric : PG&E's Innovative Conservation Agreement Protects Bay Area Species and Saves Ratepayers' Money
https://www.marketscreener.com/quote/stock/PACIFIC-GAS-AND-ELECTRIC-15763/news/Pacific-Gas-and-Electric-PG-E-s-Innovative-Conservation-Agreement-Protects-Bay-Area-Species-and-Sa-41902853/
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BenzingaSeptember 30, 2022

A $117 million settlement has been reached with former PG&E Corp executives and directors who were accused in a lawsuit of lax oversight of the utility’s safety measures prior to the 2017 North Bay and 2018 Camp fires, two of California’s most destructive wildfires.

PG&E officials reach $117 mln settlement over California wildfires
Benzinga
PG&E officials reach $117 mln settlement over California wildfires
https://www.reuters.com/markets/commodities/pge-officials-reach-117-million-settlement-over-california-wildfires-2022-09-29/
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BenzingaSeptember 30, 2022

Katherine Blunt’s “California Burning” explores the long, checkered history of Pacific Gas and Electric.

Book Review: The Unraveling of California's Power Grid
Benzinga
Book Review: The Unraveling of California's Power Grid
https://undark.org/2022/09/30/book-review-unraveling-california-power-grid-pge/
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PG&E
BenzingaSeptember 30, 2022

Most of the money will be used to satisfy outstanding fire victim claims held by federal agencies that assisted in battling the fires and providing assistance to victims.

Former PG&E executives settle Fire Victim Trust's $117 million lawsuit
Benzinga
Former PG&E executives settle Fire Victim Trust's $117 million lawsuit
https://www.actionnewsnow.com/news/local/former-pg-e-executives-settle-fire-victim-trust-s-117-million-lawsuit/article_9c013ff4-40e0-11ed-b44b-f7f132cabb14.html
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BenzingaSeptember 30, 2022

OAKLAND, Calif., Sept. 29, 2022 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, October 27, 2022, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its third quarter

PG&E Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
Benzinga
PG&E Corporation Schedules Third Quarter 2022 Earnings Release and Conference Call
https://www.benzinga.com/pressreleases/22/09/n29087405/pg-e-corporation-schedules-third-quarter-2022-earnings-release-and-conference-call
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StreetInsider.comSeptember 26, 2022

The stock price of PG&E (PCG) increased by over 2.2% intraday today. This is why.

PG&E (PCG) Stock: Why It Increased Over 2.2% Today
StreetInsider.com
PG&E (PCG) Stock: Why It Increased Over 2.2% Today
https://pulse2.com/pge-pcg-stock-why-it-increased-over-2-2-today/
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StreetInsider.comSeptember 26, 2022

As we head into the fall, El Dordado Irrigation District’s water supplies remain stable to provide for customers, even if drought conditions continue into 2023. EID personnel actively plan for sufficient reservoir levels by the end of the year, a term we call carryover storage, to provide adeq

Message from EID: Increasing resilience through prudent planning, investment
StreetInsider.com
Message from EID: Increasing resilience through prudent planning, investment
https://www.villagelife.com/commentary/message-from-eid-increasing-resilience-through-prudent-planning-investment/
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StreetInsider.comSeptember 26, 2022

PG&E Corp - According To Cal Fire & United States Forest Service On Sept 6, Wildfire Known As Mosquito Fire Ignited Near Oxbow Reservoir In Placer County - Reuters

PG&E Corp
StreetInsider.com
PG&E Corp
https://www.streetinsider.com/Corporate+News/PG%26E+Corp+-+According+To+Cal+Fire+%26+United+States+Forest+Service+On+Sept+6%2C+Wildfire+Known+As+Mosquito+Fire+Ignited+Near+Oxbow+Reservoir+In+Placer+County+-+Reuters/20622558.html
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SFist - San Francisco News, Restaurants, Events, &September 25, 2022

A lawsuit against Pacific Gas and Electric Company was recently filed with the San Francisco Superior Court that alleges the company was responsible for the Mosquito Fire. And, of course, the utility released a statement on Friday deflecting its implied liability.

Surprise, Surprise: PG&E Sued Over Alleged Responsibility for Mosquito Fire
SFist - San Francisco News, Restaurants, Events, &
Surprise, Surprise: PG&E Sued Over Alleged Responsibility for Mosquito Fire
https://sfist.com/2022/09/24/pg-e-sued-over-alleged-responsibility-for-mosquito-fire/
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Marin Independent JournalSeptember 24, 2022

A lawsuit against Pacific Gas and Electric Company is alleging that the utility was responsible for the Mosquito Fire burning in Placer and El Dorado Counties.

PG&E sued over claims the utility was responsible for the Mosquito Fire
Marin Independent Journal
PG&E sued over claims the utility was responsible for the Mosquito Fire
https://www.kcra.com/article/pge-sued-over-claims-utility-was-responsible-mosquito-fire/41358518
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Marin Independent JournalSeptember 24, 2022

Many PG&E customers are worried that that they won’t be able to afford their monthly energy bills after the September heatwave.

PG&E warns of high electricity bills due to heat wave, offers payment assistance
Marin Independent Journal
PG&E warns of high electricity bills due to heat wave, offers payment assistance
https://www.pressdemocrat.com/article/business/pge-warns-of-high-electricity-bills-due-to-heat-wave-offers-payment-assis/
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PG&E
Marin Independent JournalSeptember 24, 2022

Mayor Jim Wickham says residents are concerned about potential loss of certain redwood trees considered meaningful to character and history. Contreras said PG&E had tentatively identified 225 t…

Mill Valley, PG&E suspend wildfire project amid talks
Marin Independent Journal
Mill Valley, PG&E suspend wildfire project amid talks
https://www.marinij.com/2022/09/23/mill-valley-pge-suspend-wildfire-project-amid-talks/