OCT 29 PSPS UPDATE: PG&E Begins Shutting Power Off for Next Offshore Wind Event Impacting Approximately 597,000 Customers; Approximately 400,000 Customers from Oct. 26 PSPS Remain Impacted
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Business Wire
Nearly 70 Community Resource Centers in 29 Counties Available to Support Customers SAN FRANCISCO--(BUSINESS WIRE)--Due to a widespread dry, offshore wind event on Tuesday, Oct. 29, through midday Wednesday, Oct. 30, Pacific Gas and Electric Company (PG&E) confirmed today that it is in the process of implementing a Public Safety Power Shutoff (PSPS) to approximately 597,000 customers in Northern and Southern Sierra, North Bay, Bay Area, Santa Cruz mountains, North Coast and Kern County. As of 1 p.m., approximately 500,000 customers are without electric service as a result of PSPS.Approximately 400,000 customers who were originally impacted by the Oct. 26 PSPS event remain without service as part of the subsequent Oct. 29 event.The dynamic and changing weather conditions and high fire risk means that some customers who are currently out of power from the October 26 event will remain out throughout the duration of the October 29 event. PG&E continues to analyze this wind event and the
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News
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- California regulators approve two more requests by PG&E to increase rates California regulators approved two more rate hike requests by Pacific Gas and Electric Thursday night, making it six approvals this year. 2M ago [CBS News]CBS News
- CPUC approves $723 million in ratepayer costs to extend life of Diablo Canyon nuclear plant [Los Angeles Times (CA)]Los Angeles Times
- PG&E Co. (NYSE: PCG) had its price target lowered by analysts at UBS Group AG from $26.00 to $24.00. They now have a "buy" rating on the stock.MarketBeat
- US watchdog recommends Energy Department halt loans to green projects [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 11/7/24 - Beat
PCG
Sec Filings
- 12/12/24 - Form 144
- 12/6/24 - Form CERT
- 12/5/24 - Form 8-A12B
- PCG's page on the SEC website