$PCG

PG&E announced $30M in grants for six new community microgrid projects, adding to $43M allocated in 2025. These projects, totaling $73M, aim to enhance local clean energy resilience in California, serving critical facilities like hospitals and schools. The initiative includes innovative solar-plus-storage and pumped-hydro designs, with projects in Humboldt, Sonoma, and other counties.

California is considering extending the life of the Diablo Canyon Power Plant and lifting a moratorium on new nuclear reactors to meet its 2045 clean energy goals. Governor Gavin Newsom and lawmakers support nuclear energy, while opponents argue for renewables and batteries. Diablo Canyon, owned by Pacific Gas & Electric, generated 8% of California's electricity in 2023. The state is also studying advanced nuclear technologies.

Fitch downgraded PG&E's outlook to Negative from Stable, citing wildfire liability concerns and lack of regulatory progress in California. The company plans to cut 2027 capital expenditures by $2 billion. Fitch warns of future downgrades if wildfire costs are not better socialized. PCG shares may be affected by these developments.

Pacific Gas & Electric Co. (PCG) stock fell 3.01% on September 15, 2026, due to wildfire liability concerns. The company's stock has dropped from $18 to near $13, with a significant 18% decline on September 13, 2026. Analysts downgraded PCG, citing increased wildfire risks and reduced growth capital assumptions. The company reported $24.9B in revenue, with an EBIT margin of 23% and profit margins around 12%.

PG&E is restoring power to 8,600 customers after Public Safety Power Shutoffs in Northern California due to wildfire risks. About 2,500 customers remain at risk of shutoffs. PG&E did not provide the number of customers still without power. The utility warned 14,000 customers could be affected.

PG&E is burying 3 miles of power lines along Eureka Way/Highway 299 in Redding, CA, to reduce wildfire risk and improve reliability. The project, ongoing until October, involves trenching and reinforcing equipment. Traffic controls are in place during work hours.

PG&E (PCG) and Edison International (EIX) shares fell over 20% after California's wildfire legislation failed to provide expected financial protections. Analysts downgraded both stocks, citing exposure to wildfire liabilities. PCG hit a 52-week low, while EIX saw its biggest single-day drop in 25 years. BMO, Mizuho, and Wells Fargo lowered price targets and ratings for both companies.

PG&E may conduct a public safety power shutoff from Sept. 12-14, affecting 14,000 customers across 12 counties. The outages aim to reduce wildfire risk due to forecasted strong winds. Customers can track outages via the company's website and access resources at designated centers.

PG&E may cut power for up to 14,000 Northern California residents this weekend due to high wildfire risk, according to KQED. The National Weather Service issued a red flag warning for the area, citing low humidity and strong winds. PG&E's action aims to prevent wildfires sparked by electrical equipment.

PG&E warns of potential power shutoffs in Northern California this weekend due to high fire risk from strong winds. Affected counties include El Dorado, Lassen, and others. Residents advised to stay informed and prepared.