May 20, 2013
2013 is a pivotal year for PG&E, its customers, and the state’s economy. The CPUC is reviewing PG&E’s proposed General Rate Case for the years 2014 to 2016. At issue are the resources the utility needs to safely and reliably operate, maintain and modernize its gas and electric distribution and electric generation systems. PG&E believes it can achieve these important benefits at a reasonable cost to customers.
May 16, 2013
Today’s Time for Business lunch was an educational opportunity for small- and medium-sized business owners to learn more about time-of-use energy pricing. About a dozen such events will be held in PG&E’s service area.
May 6, 2013
PG&E Chairman and CEO Tony Earley said today that “the penalties proposed by the Commission staff and others far exceed anything that I have seen in my 30 years in the industry and fail to appropriately account for the actions taken by the company.”
April 12, 2013
PG&E has reached an agreement with a diverse group of consumer groups and other organizations to enhance its proposed “Green Option” to give electric customers an opportunity to support 100 percent renewable energy.
March 21, 2013
Early this year, PG&E, Southern California Edison and San Diego Gas & Electric began surveying about 2,500 customers statewide.to hear what customers have to say about their rate preferences before changes are made.
February 22, 2013
In this commentary, PG&E’s Tom Bottorff explains why the company supports a recently introduced bill that would restore the CPUC’s historic authority to establish a fair and reasonable system of residential electric rates.
February 14, 2013
PG&E construction crews began work this month on a significant project of installing smart grid technology in El Dorado Hills to enhance the local electric system for its customers.
February 13, 2013
PG&E construction crews began work this month on a significant project of installing smart grid technology in Solano County to enhance the local electric system for its customers.
December 31, 2012
With the start of the new year, PG&E residential customers will see a significant decline in natural gas rates and a modest increase in electric rates to cover the utility’s costs of maintaining and modernizing its system and of meeting a state mandate to buy more renewable energy.
December 21, 2012
PG&E today filed a required update with the California Public Utilities Commission that identifies the funds needed to complete the decommissioning of its Humboldt Bay Power Plant Nuclear Unit 3 in Eureka and to continue safely storing spent fuel.The filing, which is required every three years, also provides for the future decommissioning Diablo Canyon Power Plant in San Luis Obispo County after its current licenses expire in 2024 and 2025. However, while the federal government requires that those funds be available for decommissioning in 2024 and 2025, the filing has no impact on PG&E’s full commitment to seeking the renewed licenses for the Diablo Canyon Power Plant.
December 20, 2012
California’s investor-owned utilities, including PG&E, will work in partnership with Lawrence Livermore National Laboratory to help create computer models to research and plan the state’s clean-energy future.
December 20, 2012
After the CPUC voted today to approve PG&E’s Pipeline Safety Enhancement Plan, President Chris Johns said the decision “confirms that PG&E’s plan is the right path forward to build the next-generation gas transmission system.” He also expressed disappointment “that the decision fails to provide reasonable cost recovery for the new standards and requirements that were designed to deliver a much higher level of public safety for decades to come.”
December 18, 2012
PG&E leaders pointed to significant improvements in gas safety, including validating the operating pressure of 194 miles of transmission pipeline in 2012, at a news conference today. The San Ramon event included a tour of the company’s under-construction Gas Control Center.
November 15, 2012
PG&E today (Nov. 15) filed its 2014-2016 General Rate Case (GRC). The proposal requests additional funding for investing in infrastructure and achieving significant gains in the safety and reliability of its electric and gas operations.
October 29, 2012
PG&E Corporation’s third quarter 2012 net income after dividends on preferred stock was $361 million, or $0.84 per share, as reported in accordance with generally accepted accounting principles (GAAP). This compares with $200 million, or $0.50 per share, for the third quarter of 2011, when GAAP results were reduced significantly by charges for third-party liability related to the San Bruno pipeline accident and environmental cleanup costs associated with historic operations at the company’s natural gas compressor station in Hinkley.