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Apply Now: PG&E's Match My Payment Bill-Pay Program Extended, Funds Are Limited
Prnewswire· 2025-12-18 19:00
Eligible Customers May Receive Up to $1,300 in Bill Relief; Nearly $22 Million Provided to More Than 60,000 Customers to Date in 2025 OAKLAND, Calif., Dec. 18, 2025 /PRNewswire/ -- In an ongoing effort to support customers facing financial hardship, Pacific Gas and Electric Company (PG&E) is extending its Match My Payment Program. The program will continue into 2026 while funds last. The PG&E Match My Payment Program offers a dollar-for-dollar match, up to $1,000, for qualifying low-to moderate-income cu ...
Here’s What Wall Street Thinks About PG&E Corporation (PCG)
Yahoo Finance· 2025-12-18 12:00
Core Viewpoint - PG&E Corporation (NYSE:PCG) is identified as an undervalued stock with significant upside potential, supported by recent buy ratings from J.P. Morgan and TD Cowen, despite a slight reduction in price targets [1][2]. Group 1: Analyst Ratings and Price Targets - J.P. Morgan reiterated a Buy rating on PG&E Corporation, lowering the price target from $22 to $21 [1]. - TD Cowen also maintained a Buy rating with a price target of $21, viewing PG&E as a compelling recovery story post-wildfires [2]. Group 2: Company Performance and Growth Prospects - Analysts at TD Cowen noted PG&E's outperformance compared to peers, with expectations of a 3% revenue growth for fiscal 2025 and an EPS of $1.50 [2]. - The company is expected to benefit from electrification trends and wildfire mitigation opportunities, enhancing its growth potential [2]. Group 3: Technological Advancements - PG&E announced the successful launch of a technology demonstration project utilizing Dynamic Line Rating and Asset Health Monitoring tools, aimed at increasing power line capacity and monitoring equipment health [3]. - This project aligns with PG&E's strategy to expand transmission capacity in response to California's extreme weather and rising demand [3]. Group 4: Company Overview - PG&E Corporation specializes in generating, transmitting, and distributing natural gas and electricity, focusing on utility, electricity, energy, power, solar, gas, and sustainability [4].
UL Solutions and Saudi Electricity Company Join Forces to Enhance Fire Safety in Saudi Arabia
Businesswire· 2025-12-18 03:30
Core Insights - UL Solutions has signed a memorandum of understanding (MOU) with Saudi Electricity Company to enhance fire protection and life safety standards, demonstrating a mutual commitment to reducing fire risks and improving public safety [1][2]. Group 1: Collaboration Details - The initiative focuses on operational excellence, risk management, and the development of training programs based on UL standards for fire and life safety protection [2]. - The collaboration will include targeted fire safety training and the testing and certification of systems and components to improve public safety [2][3]. Group 2: Strategic Importance - The rapid development of projects by Saudi Electricity Company necessitates a stronger emphasis on security and compliance with safety standards to protect people and property [3]. - This partnership aims to enhance fire safety for infrastructure assets, which is crucial for reducing fire risks across local communities and the energy sector [3]. Group 3: Commitment to Safety - Saudi Electricity Company emphasizes its dedication to aligning with global fire protection standards and continuous improvement in fire and life safety practices [4]. - The agreement reflects the company's commitment to maintaining safety excellence within the energy sector [4]. Group 4: Company Backgrounds - UL Solutions operates in over 110 countries, providing testing, inspection, and certification services, along with software products and advisory offerings to support customer innovation and growth [5]. - Saudi Electricity Company is the primary electricity supplier in the Kingdom, with major shareholders including the Public Investment Fund (PIF) and Saudi Aramco, holding 74.3% and 6.9% stakes respectively [6].
PSE&G Ranked #1 for Residential Electric in the East among Large Utilities in J.D. Power 2025 Customer Satisfaction Study for 4th Consecutive Year
Prnewswire· 2025-12-17 18:00
Core Insights - Public Service Electric & Gas (PSE&G) has been recognized as the highest-ranked utility in customer satisfaction among large electric utilities in the East Region for the fourth consecutive year according to the J.D. Power 2025 Electric Utility Residential Customer Satisfaction Study [1][2] Customer Satisfaction and Recognition - PSE&G achieved the 1 ranking for excellence across key customer experience categories, including safety and reliability, problem resolution, ease, digital channels, people, and trust, based on a survey of 127,103 residential customers [2] - The utility ranked in the top three spots in all areas of customer segments for electric and gas, specifically ranking second in the electric business residential survey and second for the gas residential study, while also placing third for the gas business [3] Commitment to Customer Service - PSE&G's recognition reflects its long-standing focus on delivering reliable and affordable power while adapting to evolving customer energy needs and expectations [4] - The company continues to invest in customer technology, infrastructure upgrades, and innovative programs aimed at strengthening system reliability and reducing outages [4] Community Engagement and Support - Throughout 2025, PSE&G participated in over 450 community events to help customers access payment assistance programs, including the Low Income Home Energy Assistance Program (LIHEAP) [5] - The utility's suite of energy efficiency programs has engaged nearly 465,000 residential and business customers, collectively saving over $720 million annually on utility bills through various initiatives [6] Future Focus - PSE&G remains dedicated to advancing customer-focused improvements and investing in energy infrastructure to support New Jersey's homes, businesses, and communities for future generations [7] Company Background - PSE&G is New Jersey's oldest and largest gas and electric delivery public utility and has won the ReliabilityOne® Award for superior electric system reliability for 24 consecutive years [8] - The company has also been recognized as an ENERGY STAR Partner of the Year for three consecutive years in the Energy Efficiency Program Delivery category [8]
Enhanced Electric Service Coming to Homes and Businesses in Lehigh and Berks Counties
Prnewswire· 2025-12-17 16:09
Core Insights - A power grid upgrade is being implemented in southeastern Pennsylvania to enhance electric service for residents and businesses in Lehigh and Berks counties [1] - The project involves rebuilding a 15-mile stretch of high-voltage power lines and upgrading four substations to improve grid reliability and reduce outage duration [1][2] Project Details - The Allentown-Lyons-South Hamburg 69-kilovolt (kV) Line Rebuild Project, led by Mid-Atlantic Interstate Transmission (MAIT), aims to replace aging infrastructure with stronger poles and modern wires [2] - Construction began in August 2025 and is expected to be completed by November 2027 [3] Benefits of the Upgrade - The rebuilt line will enhance electricity flow, facilitating power rerouting during emergencies or maintenance [3] - New conductors will be installed at four substations, improving capacity and efficiency, akin to upgrading from a two-lane road to a four-lane highway [4] Financial Commitment - The project is part of a larger $28 million investment under FirstEnergy's Energize365 program, which aims to modernize the electric grid with a total investment of $28 billion from 2025 to 2029 [5] Customer Impact - Met-Ed serves approximately 592,000 customers across 3,300 square miles in eastern and southeastern Pennsylvania, benefiting from the grid improvements [6] - The upgrades will enable the electric system to handle higher demand during peak periods, prevent overloads, and restore power more quickly when outages occur [9]
5 Stocks Worth Watching on Their Recent Dividend Hikes
ZACKS· 2025-12-17 14:36
Market Overview - The U.S. market has shown volatility, with returns of 19.2% for the Nasdaq Composite, 15.8% for the S&P 500, and 13.7% for the Dow Jones Industrial Average over the past year [1] - Concerns are rising regarding the moderating pace of the economy, influenced by a cooling labor market and high valuations in the technology sector [1] Federal Reserve Actions - The Federal Reserve cut its key interest rate by a quarter percentage point in December to support the job market and stimulate growth, with inflation trending near the 2% target [2] - The Fed has reduced borrowing costs three times this year, bringing the overnight borrowing rate to a range of 3.50-3.75% [2] Labor Market Conditions - The job market is showing signs of cooling, with softer hiring, rising unemployment at 4.6%, and a narrowing gap in job openings [3] - Nonfarm payrolls increased by 64,000 jobs in November after a decline of 105,000 jobs in October, the largest drop since December 2020 [3] Investment Opportunities - Investors looking to diversify can consider dividend-paying stocks, which indicate a healthy business model and tend to outperform non-dividend-paying stocks in volatile markets [4] - Notable dividend-paying companies include: - **Pentair (PNR)**: Declared a dividend of 27 cents per share with a yield of 1% and a payout ratio of 21% [5][6] - **nVent Electric (NVT)**: Declared a dividend of 21 cents per share with a yield of 0.8% and a payout ratio of 26% [7][8] - **CenterPoint Energy (CNP)**: Declared a dividend of 23 cents per share with a yield of 2.3% and a payout ratio of 51% [10][11][12] - **Marriott Vacations Worldwide (VAC)**: Declared a dividend of 80 cents per share with a yield of 5.5% and a payout ratio of 44% [10][13][14] - **PG&E (PCG)**: Declared a dividend of 5 cents per share with a yield of 0.7% and a payout ratio of 7% [15]
国网江苏电力通过“全国用户满意五星级企业”复评认证
Jiang Nan Shi Bao· 2025-12-17 14:34
南京市重大项目——南京电气绝缘子项目四期工程原计划今年12月底竣工投产,国网南京供电公司主动 对接,提前完成电气设计并超前拟定供电方案,让企业11月就具备用电条件,真正实现了"电等项 目"。"今年公司玻璃绝缘子产能扩充,设备投运时间紧、任务重。供电公司客户经理主动上门,全程保 持高时效、高标准的服务,确保了项目按期接电。"南京电气绝缘子有限公司负责人李小亮表示。 在提升服务便捷性方面,国网江苏电力聚焦用户办事痛点,持续优化服务流程。针对租房电费结算纠 纷,创新推出"租房用电助手"小程序,实现"入住退租一键查"。大力推动"高效办成一件事"改革,在江 苏政务服务网上线水电气网联合报装等服务,拓展"不动产+供电"等10类联动场景,累计提供服务超100 万次,真正践行了"数据多跑路、客户少跑腿"的承诺。 此外,国网江苏电力还积极应用前沿技术驱动服务升级,在国网系统内率先落地"大模型+专业模型"架 构,实现供电方案智能秒级生成,已辅助编制方案超76万个。 江南时报讯 12月15日,笔者从国网江苏省电力有限公司获悉,该公司以优异成绩通过"全国用户满意五 星级企业"复评认证,成为本年度全国获此最高荣誉的四家企业之一,也是电 ...
The 2025 Energy Resurgence: 3 ETFs to Watch Before the Year Ends
ZACKS· 2025-12-17 14:01
Core Insights - The energy sector in 2025 is characterized by a "return to fundamentals" and a significant increase in structural demand, with a 6.2% growth in Q3 2025 compared to a total return of 5.6% in the previous year [1][10] - The growth is driven by traditional industrial needs and the rapid electrification of the global economy, termed the "Age of Electricity" [1] Factors Influencing the Energy Sector - The AI Power Crunch is a major catalyst, with global data center investment projected to reach $580 billion in 2025, shifting capital towards companies providing reliable power [4] - Global investment in renewable energy development reached a record $386 billion in H1 2025, marking a 10% year-on-year increase, driven by offshore wind and small-scale solar [5] - Despite the green transition, global oil demand growth rebounded to 920 thousand barrels per day in Q3 2025, more than doubling sequentially, benefiting major oil companies [6] - Traditional integrated oil and gas companies and electric utilities have excelled due to robust cash flows and their essential role in the energy sector [7] Outlook for 2026 - The demand for electricity is expected to anchor the energy sector, with data center power demand projected to more than double by 2030 [8] - Companies involved in natural gas production, flexible generation, and grid-connected infrastructure are favored, alongside traditional majors pivoting towards low carbon power assets [9] Energy ETFs Performance - Major Energy ETFs like XLE gained 4.8% year to date, providing low-cost exposure to diversified energy leaders [10] - The Vanguard Energy ETF (VDE) has assets of $7.1 billion and gained 4.1% year to date, with top holdings including Exxon Mobil, Chevron, and Conoco Phillips [12][13] - The Fidelity MSCI Energy Index ETF (FENY) has assets of $1.3 billion and rose 4.2% year to date, with similar top holdings [14] - The State Street Energy Select Sector SPDR ETF (XLE) has assets of $26.12 billion and gained 4.8% year to date, also featuring major oil companies in its top holdings [15]
Xcel Energy Uses Oracle Platform for Personalized Customer Service
ZACKS· 2025-12-16 20:10
Key Takeaways XEL is deploying AI-enabled Opower to support energy programs and enhance customer experience.The platform will provide personalized rate tools, real-time usage tracking and automated demand response.Xcel Energy expects diversified revenues, improved planning and lower costs through AI-driven analytics.Xcel Energy Inc. (XEL) is poised to deploy personalized energy services using AI-enabled Oracle Opower, a customer engagement platform designed to support energy programs, enhance the customer e ...
JPMorgan Lifts AEP Price Target Following Utility Sector Model Update
Yahoo Finance· 2025-12-16 19:04
Group 1: Company Overview - American Electric Power Company, Inc. (NASDAQ:AEP) is one of the largest electric utility companies in the U.S., providing generation, transmission, and distribution services to more than 5 million customers across 11 states [6] Group 2: Financial Performance and Projections - AEP has raised its long-term EPS growth outlook to 7%–9%, up from 6%–8%, reflecting expectations for roughly 28 GW of incremental peak demand by 2030, with about 22 GW expected to come from data centers [4] - The company has increased its five-year capital investment plan to $72 billion and disclosed a sizable backlog, with roughly 190 GW of customers currently waiting to interconnect to its system [4] Group 3: Market Trends and Demand Drivers - Electric demand is accelerating at its fastest pace since the 1960s and 1970s, driven by the rapid expansion of AI infrastructure, which is projected to require a significant increase in power generation [3] - Capacity tied to data center growth is projected to jump from about 45 GW today to more than 130 GW by 2030 [3] Group 4: Strategic Partnerships - AEP announced long-term strategic agreements with Quanta Services to support the execution of its expanded capital plan, including the buildout of high-voltage transmission, while strengthening supply chain reliability and expanding development capabilities [5] Group 5: Analyst Insights - JPMorgan analyst Jeremy Tonet raised AEP's price target to $125 from $121 while maintaining a Neutral rating on the stock, following updates to the firm's models across the North American utilities sector [2]