Pacific Gas and Electric Company

CPUC Approves PG&E’s Chapter 11 Plan of Reorganization

Thursday, May 28, 2020 - 11:38pm

Today, the California Public Utilities Commission (CPUC) approved the Chapter 11 Plan of Reorganization (the Plan) of PG&E Corporation and Pacific Gas and Electric Company (together, PG&E).

Key Points: 
  • Today, the California Public Utilities Commission (CPUC) approved the Chapter 11 Plan of Reorganization (the Plan) of PG&E Corporation and Pacific Gas and Electric Company (together, PG&E).
  • The decision also approves PG&Es request to issue new debt and securities to finance its exit from Chapter 11.
  • Since the beginning of the Chapter 11 process, our main goal has been to get wildfire victims paid fairly and quickly.
  • Under PG&Es Plan, the Fire Victim Trust will be established to administer and pay wildfire victim claims as provided in the Plan.

PG&E Corporation Announces Final Voting Results on Plan of Reorganization

Saturday, May 23, 2020 - 1:09am

PG&E Corporation announced today the final voting results on PG&E Corporation and Pacific Gas and Electric Companys joint Chapter 11 Plan of Reorganization (the Plan) as certified by Prime Clerk, PG&Es court-authorized solicitation and balloting agent.

Key Points: 
  • PG&E Corporation announced today the final voting results on PG&E Corporation and Pacific Gas and Electric Companys joint Chapter 11 Plan of Reorganization (the Plan) as certified by Prime Clerk, PG&Es court-authorized solicitation and balloting agent.
  • The final voting results were filed with the U.S. Bankruptcy Court for the Northern District of California on May 22, 2020.
  • The voting certification reflects that the Plan was accepted by in excess of 85 percent in both number and amount of wildfire victims who cast votes on the Plan.
  • The final voting results help the company stay on track to get its Plan confirmed by June 30, 2020, the deadline under Assembly Bill 1054.

Series of PG&E Webinars Keeps Customers and Communities Informed About Ongoing Safety Work to Prevent and Mitigate the Risk of Catastrophic Wildfires

Thursday, May 21, 2020 - 8:55pm

These webinars, even amid the ongoing COVID-19 health crisis, will keep customers and communities informed about PG&Es ongoing safety work to prevent and mitigate the serious risk of catastrophic wildfires and to keep them healthy and safe.

Key Points: 
  • These webinars, even amid the ongoing COVID-19 health crisis, will keep customers and communities informed about PG&Es ongoing safety work to prevent and mitigate the serious risk of catastrophic wildfires and to keep them healthy and safe.
  • The webinars take place on Wednesdays from 5:30 p.m. to 6:30 p.m. from April through August.
  • The webinars will feature a brief presentation and provide ample opportunity for participants to ask questions and provide feedback.
  • PG&E has sought feedback and is listening to customers and communities about how it can do better, make improvements and act.

PG&E Corporation Announces Preliminary Voting Results on Plan of Reorganization

Monday, May 18, 2020 - 12:00pm

PG&E Corporation announced today the preliminary voting results on PG&E Corporation and Pacific Gas and Electric Companys joint Plan of Reorganization (the Plan), which indicate overwhelming acceptance of the Plan by the wildfire victims entitled to vote on the Plan.

Key Points: 
  • PG&E Corporation announced today the preliminary voting results on PG&E Corporation and Pacific Gas and Electric Companys joint Plan of Reorganization (the Plan), which indicate overwhelming acceptance of the Plan by the wildfire victims entitled to vote on the Plan.
  • Based on the preliminary voting results, PG&E believes that it remains on track for Plan confirmation by June 30, 2020, the deadline under AB 1054.
  • The preliminary results also indicate that all but one of the impaired classes have voted to accept the Plan.
  • This press release contains forward-looking statements that are not historical facts, including statements about the results of Plan voting and expected Plan confirmation.

PG&E Hosting Series of Webinars to Keep Customers and Communities Informed About Its Continuing Vital Safety Work to Prevent and Mitigate the Serious Risk of Catastrophic Wildfires

Friday, May 8, 2020 - 9:00pm

With these webinars, even amid the ongoing COVID-19 health impacts, PG&E will keep customers and communities informed about its continuing important safety work to prevent and mitigate the serious risk of catastrophic wildfires while keeping customers and communities healthy and safe.

Key Points: 
  • With these webinars, even amid the ongoing COVID-19 health impacts, PG&E will keep customers and communities informed about its continuing important safety work to prevent and mitigate the serious risk of catastrophic wildfires while keeping customers and communities healthy and safe.
  • The schedule has been set up so that customers in adjoining counties can participate and hear details specific to their county.
  • The webinars will feature a brief presentation and provide ample opportunity for participants to ask questions and provide feedback.
  • PG&E has sought feedback and is listening to customers and communities about how it can do better, make improvements and take action.

PG&E Reminds Our Customers: Make Sure We Have Your Updated Contact Information Ahead of Wildfire Season

Thursday, May 7, 2020 - 6:30pm

Thats why it is crucially important that PG&E has your updated contact information.

Key Points: 
  • Thats why it is crucially important that PG&E has your updated contact information.
  • PG&E strongly encourages everyone to do so by visiting www.pge.com/mywildfirealerts or by calling the PG&E contact center at 1-866-743-6589.
  • Customers are encouraged to list multiple methods for contact including home phone numbers, mobile phone numbers, and email addresses.
  • It is important that all customer information is up to date so PG&E can share important wildfire safety alerts.

PG&E Corporation Reports First-Quarter 2020 Financial Results

Friday, May 1, 2020 - 1:21pm

Johnson previously announced his decision to retire from the company effective June 30, 2020.

Key Points: 
  • Johnson previously announced his decision to retire from the company effective June 30, 2020.
  • Campbell has served in a number of senior leadership roles overseeing operations and safety for energy companies including Xcel Energy, Inc., West Gas Interstate, and Coastal Corporation (El Paso Corporation).
  • As a result, PG&E Corporation and the Utility currently refer to adjustments as "non-core items" rather than "items impacting comparability."
  • PG&E Corporation is not providing guidance for 2020 GAAP earnings or non-GAAP core earnings.

PG&E Donates $5 Million to the U.S. Forest Service To Help Protect Customers and Communities by Reducing Wildfire Risk

Thursday, April 30, 2020 - 6:00pm

The U.S. Forest Service intends to use the funds for fuel-reduction projects in 5,870 acres through the various forests.

Key Points: 
  • The U.S. Forest Service intends to use the funds for fuel-reduction projects in 5,870 acres through the various forests.
  • PG&E is focused on public safety and finding additional ways to reduce the risk of wildfires.
  • Our support of the Forest Service is one example of how partnerships benefit all of us, said Debbie Powell, Vice President of Asset Risk Management and PG&Es Community Wildfire Safety Program.
  • In 2012, just 15 percent of PG&E's service area was designated by the California Public Utilities Commission as having an elevated wildfire risk.

PG&E, CFILC Announce Program to Support Vulnerable Customers in Preparation for Public Safety Power Shutoff Events

Wednesday, April 29, 2020 - 4:45pm

The pilot disaster readiness program is being implemented by local Independent Living Centers associated with CFILC.

Key Points: 
  • The pilot disaster readiness program is being implemented by local Independent Living Centers associated with CFILC.
  • Turning off the power creates a hardship for all PG&Es customers, and a PSPS can impact vulnerable customers dramatically.
  • By working with and offering financial assistance to CFILC, PG&E can help alleviate some of the disruptive impacts and support the safety and wellness of these customers.
  • The ability to successfully help our customers prepare before, during and after a Public Safety Power Shutoff or other events such as a wildfire will depend greatly on community partnerships and associations.

PG&E and its Corporation Foundation Contribute $150,000 to Organizations Providing Meals for Vulnerable Seniors During COVID-19

Tuesday, April 28, 2020 - 7:20pm

Thats why were doing our part by providing basic needs like a healthy meal, said Robert Kenney, PG&Es Vice President, State and Regulatory Affairs, and Chairman of The PG&E Corporation Foundation.

Key Points: 
  • Thats why were doing our part by providing basic needs like a healthy meal, said Robert Kenney, PG&Es Vice President, State and Regulatory Affairs, and Chairman of The PG&E Corporation Foundation.
  • The funding will support 15 organizations, including Meals on Wheels programs, which provide meals to seniors and helps combat social isolation.
  • PG&E is also encouraging its employees to contribute to charitable organizations that are providing COVID-19 support to local communities.
  • For additional ways PG&E is supporting customers during the COVID-19 public health crisis, go to www.pge.com/covid19
    Senior Meal Grants by County: