Investor Relations: invrel@pge-corp.com | Media: 415.973.5930 | www.pgecorp.com July 31, 2025 PG&E Corporation Reports Second-Quarter Results; On Track to Deliver Solid 2025 OAKLAND — PG&E Corporation (NYSE: PCG) is on track to deliver solid 2025 financial results. Financial progress includes: Operational progress during the second quarter of 2025 continued to focus on physical safety and delivery of affordable and resilient energy. Pacific Gas and Electric Company (the Utility): "PG&E's story of progress c ...

Core Viewpoint - PG&E Corporation (PCG) is set to report its second-quarter 2025 results on July 31, with expectations of revenue and earnings growth despite a previous earnings surprise of -5.71% in the last quarter [1][9]. Factors Influencing Q2 Results - Warmer-than-normal temperatures in PCG's service territories likely increased electricity demand for cooling, positively impacting revenues [2]. - Strong rate-based growth and favorable outcomes from previously approved general rate case filings are expected to contribute to revenue performance [2]. - Efforts to reduce non-fuel operations and maintenance (O&M) expenses may enhance earnings for the quarter [3]. Q2 Expectations - The Zacks Consensus Estimate for sales is $6.37 billion, reflecting a year-over-year growth of 6.4% [4]. - The consensus estimate for earnings is 33 cents per share, indicating a year-over-year increase of 6.5% [4]. Earnings Prediction Insights - The current Earnings ESP for PCG is 0.00%, making it challenging to predict an earnings surprise despite anticipated sales growth [5][9]. - PCG holds a Zacks Rank of 3, suggesting a neutral outlook [6]. Industry Comparisons - American Electric Power (AEP) is expected to report on July 30, with an Earnings ESP of +10.63% and a Zacks Rank of 3 [7]. - IDACORP Inc. (IDA) is also reporting on July 31, with an Earnings ESP of +4.55% and a Zacks Rank of 3 [10]. - Xcel Energy Inc. (XEL) is scheduled for July 31, with an Earnings ESP of +1.76% and a Zacks Rank of 3 [11].

Core Insights - The XPRIZE Wildfire competition, co-sponsored by PG&E and the Gordon and Betty Moore Foundation, is a four-year initiative with a total prize pool of $11 million aimed at developing innovative solutions to combat destructive wildfires [1][4][10] Competition Overview - The competition has announced its finalists and semi-finalists, showcasing teams that are advancing in their efforts to end wildfires [2][3] - The competition is structured into two tracks: Space-Based Wildfire Detection & Intelligence and Autonomous Wildfire Response, each focusing on different technological innovations [5][7] Technological Innovations - In the Space-Based Wildfire Detection track, teams must detect fires across large landscapes within one minute and report data accurately within ten minutes, with 11 teams from 5 countries advancing as finalists [7] - The Autonomous Wildfire Response track requires teams to autonomously detect and suppress fires in a challenging 1,000 km² area, with 15 teams from 7 countries advancing as semi-finalists [7] Funding and Awards - A total of $300,000 was awarded to six finalist teams for their data analytic capabilities during the semifinals, while semi-finalists are eligible for a portion of a $750,000 milestone award based on performance [7][11] - The winning team in each track will receive $3.5 million at the end of the competition in 2026, with an additional $1 million bonus for exceptional performance in wildfire detection [11] Industry Context - The urgency of addressing wildfires is underscored by recent global commitments from leaders, including the G7, and a new U.S. Executive Order aimed at overhauling federal wildfire governance [4] - The increasing frequency and destructiveness of wildfires highlight the need for innovative solutions, as stated by industry leaders involved in the competition [5][11]

Core Insights - PG&E encourages customers to check their rate plans to potentially lower their energy bills without changing their energy usage [1][3] - The company forecasts stable residential gas and electric bills for the remainder of 2025, with a decrease expected in 2026 [2] - A significant number of customers in Fresno County could save a total of $13.4 million annually by switching to the lowest-cost rate [6][7] Rate Plans and Savings - Customers can use PG&E's Rate Comparison tool to find the lowest-cost rate based on their last 12 months of energy usage [3][4] - Over 70% of Fresno County customers could save by moving off the E-1 tiered rate, which charges higher prices for increased energy usage [7] - Customers may achieve additional savings by switching to time-of-use rates and using energy during off-peak hours [4][8] Customer Support and Tools - PG&E offers various tools to help customers manage their energy costs, including Budget Billing, Home Energy Checkup, and Savings Finder [9][10] - Financial assistance programs are available for customers struggling to pay their energy bills [10]

OAKLAND, Calif., July 2, 2025  /PRNewswire/ --PG&E Corporation (NYSE: PCG) will hold a conference call on Thursday, July 31, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its second 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: Second Quarter 2025 Earnings Call When: Thursday, July 31, 2025 at 11:00 a.m. Eastern Time Where: ...

Core Point - The City of San Rafael announced tree work scheduled from Monday to Friday, contracted by PG&E for routine power line and fire mitigation efforts [1] Company Operations - Core Tree Care, represented by John Ball, is responsible for the tree work in San Rafael [1] - The work aims to enhance safety by addressing power line issues and reducing fire risks [1] Community Impact - John Ball indicated that there are no expected road closures due to the tree work [1]

Group 1 - PG&E (PCG) has been traded by the author in the past, but there is a reluctance to hold the stock long-term due to concerns about California lawmakers [1] - The author emphasizes a focus on strategic buying opportunities with dividend and value stocks, which has led to a high rating on Tipranks.com and a significant following on Seeking Alpha [1] - The author holds a beneficial long position in PCG shares through various means, indicating a personal investment interest [1] Group 2 - The article does not provide specific investment advice and emphasizes the importance of consulting a financial advisor [2] - Past performance is noted as not guaranteeing future results, and the views expressed may not reflect those of Seeking Alpha as a whole [3]

Customers are Encouraged to Check Eligibility and Apply for Monthly Electric Discount OAKLAND, Calif., June 2, 2025 /PRNewswire/ -- More than an estimated 150,000 additional Pacific Gas and Electric Company (PG&E) customers are now eligible for an 18% discount on their electric rate.The Family Electric Rate Assistance (FERA) program is expanding to include one- and two-person households. Under previous eligibility guidelines, only households with three or more people were eligible.The discount does not appl ...

Core Insights - PG&E is experiencing a significant increase in electricity demand from new data centers, projected to require approximately 8.7 GW over the next decade, up from 5.5 GW reported at the end of 2024 [1][6] - The growth in data center demand is expected to benefit PG&E customers, potentially leading to a 1-2% reduction in monthly electric bills for every 1 GW of new demand [7] - PG&E is actively supporting the development of new data centers in collaboration with real estate developers, including a project in downtown San Jose that will also include residential units [2][13] Electricity Demand and Infrastructure - Each 1 GW of electricity can power around 750,000 homes simultaneously, highlighting the scale of the new demand [4] - PG&E is currently working on 18 new data center projects totaling approximately 1.4 GW, with operations expected to begin between 2026 and 2030 [6] - The new energy demand allows PG&E to utilize its existing power infrastructure more efficiently, spreading costs over a larger energy output [8] Future Projects and Studies - PG&E is conducting a follow-up study across its entire service area to assess data center needs, covering 70,000 square miles in Northern and Central California [9] - In addition to the current 8.7 GW pipeline, PG&E has received 21 new project applications totaling approximately 4.1 GW of additional power demand [10] - By grouping applications and projects, PG&E aims to enhance planning efficiency, reduce costs, and expedite customer connections [11]

Core Points - PG&E warns about the public safety risks associated with helium-filled metallic balloons during graduation season, emphasizing the need to secure them with weights to prevent them from floating away and contacting power lines [1][3] - In the first five months of 2025, metallic balloons caused over 130 power outages in PG&E's service area, affecting more than 54,000 customers, with critical facilities like hospitals and schools being disrupted [2] - Metallic balloons can conduct electricity due to their silvery coating, leading to potential short circuits and power outages when they come into contact with power lines [4] Safety Recommendations - PG&E advises customers to keep helium-filled metallic balloons securely tied to a weight to prevent them from floating away [7] - Customers are encouraged to keep metallic balloons indoors when possible and to avoid releasing them outside [7] - In case of a balloon getting caught in a power line, PG&E recommends not attempting to retrieve it and to report the issue immediately [7]