OAKLAND, Calif., March 27, 2025 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its first quarter 2025 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: First Quarter 2025 Earnings Call When: Thursday, April 24, 2025 at 11:00 a.m. Eastern Time Where: http ...

Core Points - PG&E plans to award up to $43 million in grants for the development of nine new community-driven microgrids in Northern and Central California, with the application window opening on April 3, 2025 [1][2] - The Microgrid Incentive Program (MIP) aims to support disadvantaged communities vulnerable to outages by funding community microgrids [2][11] - PG&E received around 50 inquiries from various organizations since the MIP's launch in late 2023, with 22 projects advancing through initial screening [3][4] Funding and Project Details - The nine selected projects will undergo due diligence before formally accepting awards, which will include reviewing terms and reassessing project assumptions [6] - Approximately $34 million of the $43 million will be allocated for front-of-the-meter generating resources, engineering, project management, and property costs, with each project eligible for up to $1 million for interconnection costs [7][10] - The first wave of MIP projects will serve nearly 9,000 customers, including about 3,600 with Access and Functional Needs, and will be located in Humboldt, Lake, and Marin Counties [9][10] Program Overview - The MIP is a $200 million competitive grant program authorized by the California Public Utilities Commission, designed to fund clean-energy community microgrids in vulnerable communities [11][12] - PG&E's funding allocation under the MIP is $79.2 million, with other utilities receiving different amounts for similar projects [12] - Interested parties can learn more and apply for grants through PG&E's MIP website [13]

First-of-its-kind, proactive peak load shifting and shaping program will dispatch residential home batteries and leverage smart home electrical panels to enhance local grid reliabilityOAKLAND, Calif., March 24, 2025 /PRNewswire/ -- Pacific Gas & Electric Company (PG&E) today announced the launch of Seasonal Aggregation of Versatile Energy (SAVE), an Electric Program Investment Charge (EPIC) demonstration and a first-of-its-kind virtual power plant (VPP) that harnesses residential distributed energy resource ...

Core Points - Pacific Gas and Electric Company (PG&E) will automatically provide California Climate Credit to millions of customers on their April energy bill [1] - Residential customers with active electric accounts will receive a credit of $58.23, while those with active gas accounts will receive $67.03, totaling $125.26 for customers using both services [2] - The California Climate Credit is funded by the state's Cap-and-Trade Program, aimed at reducing emissions and benefiting disadvantaged communities [3] Financial Impact - Since 2014, PG&E residential customers have received an average of nearly $1,000 in California Climate Credits, amounting to over $12.9 billion in benefits statewide from the Cap-and-Trade Program [4] Customer Support Initiatives - PG&E encourages customers to explore energy-saving options through a new Savings Finder and offers programs like Budget Billing to help manage monthly expenses [5] - Income-eligible customers can access assistance programs, including Medical Baseline, which provides bill reductions for those with medical needs [6] Energy Efficiency Programs - Customers can invest $200 in energy-efficient materials to create a DIY Energy Efficiency Toolkit, potentially saving hundreds of dollars annually on energy bills [7] Company Overview - PG&E serves over 16 million people across 70,000 square miles in Northern and Central California as a combined natural gas and electric utility [8]

Core Insights - PG&E is preparing for a significant winter storm expected to impact its service area with strong winds and heavy rain [1][3] - The company has implemented advanced technology, including 1,600 weather stations and AI capabilities, to enhance outage prediction and resource allocation [2][5] Weather Forecast and Impact - A weather system is forecasted to bring heavy rain and mountain snow starting March 12, with wind gusts exceeding 40-45 miles per hour in higher terrains [3] - The regions most affected include the South Bay Area, Central Coast, Kern County, and North Coast [5] Resource Management and Response - PG&E is strategically pre-positioning crews and equipment based on predictive data to ensure a timely response to potential outages [4][5] - The use of AI and machine learning is aimed at improving forecasting accuracy and resource allocation, enhancing safety and reliability for customers [5] Customer Communication and Safety - PG&E provides real-time outage updates through an online portal, allowing customers to stay informed about restoration efforts [6] - Customers are advised on safety measures during outages, including the proper use of generators and the importance of avoiding downed power lines [7][9] Company Overview - PG&E serves over 16 million people across 70,000 square miles in Northern and Central California, operating as a combined natural gas and electric utility [9]

Group 1 - PG&E (PCG) shares have increased by 3.1% over the past four weeks, closing at $16.08, with a mean price target of $21.22 indicating a potential upside of 32% [1] - The mean estimate consists of 16 short-term price targets with a standard deviation of $3.01, where the lowest estimate is $15 (6.7% decline) and the highest is $26 (61.7% increase) [2] - Analysts show strong agreement on the company's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][9] Group 2 - The Zacks Consensus Estimate for the current year has increased by 0.1% over the last 30 days, with two estimates moving higher and one lower [10] - PCG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact gains, they can provide a directional guide for price movement [12]

Core Insights - In 2024, PG&E customers lost nearly $650,000 to utility scammers, with over 26,000 reports of scam attempts received by the company [1][2] - PG&E is collaborating with the Federal Trade Commission (FTC) to raise awareness and help customers avoid scams during National Consumer Protection Week from March 2-8, 2025 [1] Scam Statistics - Customers reported losing $646,000 in fraudulent payments during 2024, with a significant number of scams likely going unreported [2] - In January 2025 alone, PG&E received over 1,700 reports of attempted scams, resulting in nearly $22,000 lost by customers [2] Scam Tactics - Scammers create a sense of urgency by threatening immediate disconnection of utility services if payment is not made [3][4] - PG&E emphasizes that they will never request financial information over the phone or demand payment via pre-paid debit cards or money transfer services [3][4] Target Audience - Small and medium-sized businesses are also targeted, with over 1,200 reports of scam attempts received in 2024 [5] - Scammers often exploit busy business hours, preying on the urgency of business owners [5] Customer Protection Measures - Customers are advised to never purchase prepaid cards to avoid service disconnection, as PG&E offers various payment methods [5] - Signing up for an online account at pge.com allows customers to check balances, payment history, and set up alerts [7] Identifying Scams - Scammers may impersonate trusted phone numbers and create fake utility bill-pay websites [8][10] - Common scam tactics include aggressive demands for immediate payment, requests for prepaid card numbers, and false refund or rebate offers [9] Reporting and Resources - Customers who suspect fraud or feel threatened should contact local law enforcement and can find additional information on the FTC's website [11]

Core Viewpoint - The article emphasizes the importance of value investing and highlights PG&E (PCG) as a strong value stock based on various financial metrics [1][2][9] Financial Metrics - PG&E holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [4] - The stock has a P/E ratio of 10.57, significantly lower than the industry average of 14.49, suggesting it may be undervalued [4] - PG&E's PEG ratio is 1.10, compared to the industry average of 1.83, indicating favorable growth expectations relative to its price [5] - The company has a P/B ratio of 1.45, which is lower than the industry average of 2.47, further supporting its value proposition [6] - PG&E's P/S ratio stands at 1.75, compared to the industry's average of 2.2, reinforcing its attractiveness as a value stock [7] - The P/CF ratio for PG&E is 5.15, significantly lower than the industry average of 11.82, indicating strong cash flow relative to its market value [8] Conclusion - Overall, PG&E is characterized by several favorable financial metrics that suggest it is currently undervalued, combined with a strong earnings outlook, making it an impressive value stock [9]

Core Thesis - PG&E Corporation (NYSE: PCG) is transitioning from a low-growth regulated utility to a company with much faster earnings growth, benefiting from strong secular tailwinds such as rising power demand [1] Investment Approach - The investment strategy focuses on identifying undervalued companies with long-term growth potential, blending value investing principles with a focus on long-term growth [1] - The approach emphasizes buying quality companies at a discount to their intrinsic value and holding them for the long term to allow for compounding of earnings and shareholder returns [1]

Group 1 - PG&E (PCG) has experienced significant selling pressure, resulting in a 10.1% decline in stock price over the past four weeks, but analysts anticipate better earnings than previously predicted [1] - The stock is currently in oversold territory, indicated by an RSI reading of 29.65, suggesting a potential trend reversal is imminent [5] - There has been a consensus among sell-side analysts to raise earnings estimates for PCG, leading to a 0.1% increase in the consensus EPS estimate over the last 30 days, which typically correlates with price appreciation [6] Group 2 - PCG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a strong potential for a turnaround [7]