Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

PG&E seeks rate hike to boost returns for investors [CBS News]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
Company Research Source: CBS News
For customers like Rocklin resident Walt Groff, the news is frustrating. "Every time you turn around, it's going up," Groff said. Groff installed solar panels on his home to help cut energy costs, but he says it hasn't shielded him from rising rates. "It's helped some, but PG&E finds a way into your wallet anyway," he added. This request follows six rate increases approved last year , which were meant to fund a power plant and tree maintenance. However, this new hike is different. It's intended to increase investor returns. Every three years, PG&E submits an application determining how much return investors receive for funding the company. In its latest filing, the utility argues that investors take on financial risks—such as inflation, supply chain disruptions, federal regulations, climate change, and liability for wildfire damages—and should be compensated accordingly. "They will tell investors, 'Hey if you give us the money for essential energy projects, we will guaran Show less Read more
Impact Snapshot
Event Time:
PCG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
PCG alerts

from News Quantified
Opt-in for
PCG alerts

from News Quantified