Tesla and Google Just Joined a New Bet on the Electric Grid
PG&E Corp. (PCG, Financials) has teamed up with some of the greatest brands in technology and residential energy to create a virtual power plant around the Bay
PG&E Corp. (PCG, Financials) has teamed up with some of the greatest brands in technology and residential energy to create a virtual power plant around the Bay
Markets wobble heading into the Labor Day weekend as bond vigilantes push back against Washington, oil stays tense with Middle East strikes escalating, and Wall Street analysts make bold calls on names ranging from Broadcom to Moderna that could reshape your portfolio positioning.
Initiative aims to deliver hundreds of deeply discounted home energy upgrades and enroll over 20,000 existing energy devices installed in customers' homes OAKLAND, Calif., Sept. 3, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced SHARE (Smart Home Assets for Reliability and Efficiency), a first-of-its-kind Virtual Power Plant (VPP) designed to help communities benefit from rising electric demand, while improving affordability and reliability for all customers.
PG&E CEO Patti Poppe joins 'Mad Money' host Jim Cramer to talk the future of California's power grid, reducing spending, pending legislation, and more.
PG&E CEO Patti Poppe said she's hopeful California lawmakers can still revive wildfire liability reform after a failed proposal sent the utility's shares tumbling. She said reform could lower PG&E's borrowing costs, help restore its investment-grade credit rating and unlock billions of dollars in investment.
Pacific Gas & Electric NYSE: PCG said its board has authorized a strategic review of regulatory, financial, operational and strategic alternatives after California's legislative session ended without wildfire liability reform.
PG&E Corporation (PCG) Discusses Strategic Review and Response to California Wildfire Liability Framework Transcript
California won't prevent insurers from suing PG&E for wildfire damage. PG&E just announced it will defer $2 billion worth of capital improvement.
PG&E Corporation (NYSE:PCG) shares are consolidating on Wednesday. They suffered a large selloff early this week on concerns over California wildfires.
Utility PG&E said on Wednesday it would invest about $11.4 billion in California in 2027 after deferring $2 billion of planned spending, as it launches a strategic review of its business and financing.
PG&E is reviewing all available options to determine how the Company can best be organized and financed to attract the affordable investments needed to deliver the safe, reliable and affordable energy California customers deserve To help keep customer costs down, PG&E plans to defer approximately $2 billion of work in 2027, reducing the need for higher-cost borrowing while maintaining critical safety investments and compliance obligations OAKLAND, Calif., Sept. 2, 2026 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) and Pacific Gas and Electric Company ("PG&E" and together, the "Company") today announced actions designed to strengthen the Company's ability to deliver safe, reliable and affordable energy for California customers and attract the investment required to meet the region's growing energy demand.
PG&E stock rises after a report that California lawmakers kill a key wildfire bill that didn't include liability protection for utilities.
PG&E and Edison International both rise with California lawmakers expected to vote on wildfire legislation that doesn't include liability protection for utilities.
Wall Street analysts reshuffled their ratings on September 1st with some dramatic target price swings, including one major utility stock getting its target slashed nearly in half while a red-hot language app saw its target doubled overnight.
California wildfire legislation sharply increases liability risk for utilities like PG&E (PCG) and Edison International (EIX), triggering major stock selloffs. Shares of fast-fashion giant Shein slide in Hong Kong after long-awaited IPO.
A California bill is “more focused on victim protections without any new investor protections,” according to analysts.
California utility stocks are cratering Monday after state lawmakers advanced an amended wildfire bill over the weekend that omits the liability protections investors had counted on this legislative session.
Edison International shares were down 23% at 11:30 a.m. EDT and Sempra were down over 2% alongside PG&E.
California will not forbid insurers filing subrogation lawsuits against electric utilities that cause wildfires. Gov. Newsom had backed the proposal that legislators just shot down.
PG&E (PCG) is a stark underperformer in an energy sector rallying Monday morning. Diane King Hall points to a piece of Californian legislation centered on wildfire reforms as the culprit.