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Is PG&E Corporation (PCG) Michael Platt’s Top Pick?
Yahoo Finance· 2026-02-15 22:49
Group 1 - PG&E Corporation (NYSE:PCG) has formed a strategic partnership with SPAN to deploy SPAN Edge, an at-the-meter solution aimed at simplifying residential electrification [2] - The partnership allows customers to add electric vehicle chargers, heat pumps, and other appliances without needing to upgrade their electrical panels, addressing a significant bottleneck in electrification [2] - PG&E estimates that over 600,000 homes in its service area may require upgrades in the next ten years, highlighting the scale of the opportunity [2] Group 2 - PG&E's new PanelBoost program will pair SPAN Edge with advanced metering infrastructure, offering a cost-effective alternative to traditional upgrades, which can be significantly more expensive [3] - Installation costs for customers under the new program are estimated to range from $500 to $2,000, compared to traditional upgrade costs of $6,000 to $40,000 [3] - The initiative reflects PG&E's focus on capital-efficient grid modernization, demand-side flexibility, and customer affordability, which are critical as California's load growth increases due to electrification [3] Group 3 - PG&E Corporation provides electricity and natural gas services in Northern and Central California, emphasizing grid reliability, clean energy integration, and infrastructure modernization to meet long-term electrification demands [4]
Is PG&E Corporation (PCG) Michael Platt’s Top Pick?
Yahoo Finance· 2026-02-15 22:49
While NVIDIA Corporation (NASDAQ:NVDA) remains the billionaire’s largest position, PG&E Corporation (NYSE:PCG) ranks 2nd on the list of Michael Platt’s top holdings with a 3.41% portfolio share ($148.79 million). We recently published a list of youngest hedge fund billionaires and their top stock picks. On February 5, 2026, PG&E Corporation (NYSE:PCG) and SPAN announced a strategic partnership to deploy SPAN Edge, an at-the-meter solution that reduces the complexity and cost of residential electrificatio ...
PG&E Accelerating Home Electrification for Customers via SPAN Edge
Prnewswire· 2026-02-05 16:49
New at-the-meter solution gives customers a lower-cost path to adopting EVs and electric appliances—without the delays and expense of traditional panel upgrades OAKLAND, Calif., Feb. 5, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced a strategic collaboration with SPAN to deploy the company's SPAN Edge solution to help customers electrify their homes more affordably and efficiently. SPAN Edge is an at-the-meter device that enables real-time load management and allows homes to ad ...