The Latest Breaking News from PG&E

PG&E’s CEO says AI is ‘the best thing that could’ve ever happened to the grid’

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Fortune · Oct 23

California homeowner finds utility pole on her land, sparking land-right dispute

A California homeowner’s discovery that a utility pole stood on her property instead of the neighbouring plot has brought attention to the legal complications that can arise when land boundaries and long-standing infrastructure do not match. The utility company argued that decades of use had given it rights over the…

The Times of India · Oct 17

Santa Ana Winds Spark Three Simultaneous Fires Across Southern California as 150,000 Lose Power

Santa Ana winds sparked three simultaneous fires across Southern California Friday. Here's a full, fact-checked breakdown of what's burning, what's true, and what comes next.

Latin Times · Oct 16

After California's massive Dixie fire, PG&E to ramp up spending on wildfire safety in 2022

SACRAMENTO, Calif.— PG&E Corp. spent nearly $4.9 billion last year to prevent wildfires — and still wound up responsible for the second-largest fire in California history.

Tribune News Service · Feb 26, 2022

PG&E's Return on Invested Capital Insights

Pulled from Benzinga Pro data, PG&E (NYSE:PCG) posted Q4 earnings of $476.00 million, an increase from Q3 of 143.75%. Sales dropped to $5.25 billion, a 4.01% decrease between quarters.

Benzinga · Feb 11, 2022

PG&E is planting wires underground to reduce California wildfire risk. How much will it cost?

SACRAMENTO, Calif. — PG&E Corp. put a cost estimate of more than $25 billion Thursday on its effort to plant thousands of miles of power lines underground in an effort to tamp down wildfire risks.

Tribune News Service · Feb 10, 2022

PG&E: Q4 Earnings Insights

  PG&E (NYSE:PCG) reported its Q4 earnings results on Thursday, February 10, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

Benzinga · Feb 10, 2022

PG&E's criminal probation to end amid ongoing safety worries

The nation's largest utility, Pacific Gas & Electric, is poised to emerge from five years of criminal probation amid worries that it remains too dangerous to be trusted

The Independent UK · Jan 24, 2022

Judge rips PG&E as 'continuing menace to California' over wildfires as probation ends

SACRAMENTO, Calif. — PG&E Corp.'s five years of criminal probation are ending, but not before the supervising judge delivered one last blistering lecture about its troubled safety record and suggested that California's largest utility be carved in two.

Tribune News Service · Jan 21, 2022