California's Cap-and-Trade Program Continues to Benefit PG&E Customers through the California Climate Credit  OAKLAND, Calif., March 11, 2024 /PRNewswire/ -- In April, more than five million Pacific Gas and Electric Company (PG&E) customers will automatically receive the California Climate Credit on their energy bill.  Residential households with an active electric account will automatically receive an electric credit of $55.17, an increase from last year's credit of $38.39. Residential households with an a ...

PG&E Corporation’s (PCG) strategic investments in gas-related projects and electric system safety and reliability will help it boost customers’ satisfaction. Given its growth opportunities, PCG is a solid investment option in the utility sector.Let us focus on the reasons that make this Zacks Rank #2 (Buy) stock a solid investment pick at the moment.Growth Projections & Surprise HistoryThe Zacks Consensus Estimate for PCG’s first-quarter 2024 earnings per share (EPS) has increased 2.9% to 36 cents in the pa ...

National Consumer Protection Week Serves as a Great Reminder on How to Recognize and Avoid Potential Scams OAKLAND, Calif., March 4, 2024 /PRNewswire/ -- Scammers continue to take advantage of Pacific Gas and Electric Company (PG&E) customers. In fact, in 2023, PG&E received nearly 43,000 reports from customers who were targeted by scammers impersonating the company, and customers lost approximately $875,000 in fraudulent payments, with the average customer losing $785.  That's why PG&E joins the Federal Tr ...

Time to prepare is now as after rain and wind Thursday and Friday, snow could fall as low as 2,000 feet with several feet of accumulation over 5,000 feet  National Weather Service has issued a Blizzard Warning encouraging people to avoid travel OAKLAND, Calif., Feb. 28, 2024 /PRNewswire/ -- Ahead of a strong winter storm expected to bring heavy rain, strong winds and low-elevation snow, Pacific Gas and Electric Company (PG&E) crews are readying to respond to expected power outages. The National Weather Serv ...

At Least 10% Non-GAAP Core EPS Growth4 10% 12% Operating Cashflow $3.7B $4.7B $8.3B $10B+ Performance Playbook Enterprise Lean Maturity N/A 44% 51% 80% Risk Reduction Safety Certification Valid through 1/22/25 Financial S&P 500 / Rate Neutral Securitization Premium Multiple Premium Multiple …Benefits Customers AND Investors 16 Endnotes are included in the Appendix. Performance Is Power… Mid teens FFO/Debt in 2024 No new equity in 2024 2-4% Customer bill growth4 2023 - 2026 2023 Future | --- | --- | --- | |- ...

PG&E Corporation’s (PCG) adjusted earnings per share (EPS) of 47 cents in the fourth quarter of 2023 surpassed the Zacks Consensus Estimate of 45 cents by 4.4%. The bottom line improved 80.8% from the year-ago quarter’s reported figure.The company reported GAAP earnings of 43 cents per share compared with 24 cents in the prior-year quarter.For 2023, the company reported adjusted EPS of $1.23, which surpassed the Zacks Consensus Estimate of $1.21 by 1.7%. The full-year bottom line improved 11.8% from the yea ...

PG&E (PCG) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.44%. A quarter ago, it was expected that this utility holding company would post earnings of $0.28 per share when it actually produced earnings of $0.24, delivering a surprise of -14.29%.Over the last four quarters, the comp ...

GAAP earnings were $1.05 per share for the year and $0.43 per share for the fourth quarter of 2023, compared to earnings of $0.84 and $0.24 per share, respectively, for the same periods in 2022. Non-GAAP core earnings were $1.23 per share for the year and $0.47 per share for the fourth quarter of 2023, compared to $1.10 and $0.26 per share, respectively, for the same periods in 2022. 2024 EPS GAAP guidance increased from $1.08 to $1.12 per share (previously) to $1.10 to $1.14 per share. 2024 EPS non-GAAP c ...

PG&E's Innovation Journey in 2024 features Refreshed Portfolio of Emerging Technology Projects to Address Grid Challenges Outlined in the Company's R&D StrategyOAKLAND, Calif., Feb. 21, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced it is exploring more than 20 additional solutions resulting from its 2023 Accelerating Innovation effort which included its first-ever R&D Strategy Report, Innovation Summit and Pitch Fest. PG&E's Innovation Pitch Fest 2023 PG&E's R&D Str ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________________________________________________ FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ | Commission File Number | Exact Name of Registrant as Specified ...