Pacific Gas and Electric Company

PG&E Customers' Electricity 96% Greenhouse Gas-Free in 2022

Retrieved on: 
Monday, March 20, 2023
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OAKLAND, Calif., March 20, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) customers received 96% greenhouse gas-free electricity in 2022, making PG&E's mix of electricity sources among the cleanest in the world.

Key Points: 
  • GHG-Free Electricity Deliveries Included 49% Nuclear, 40% Eligible-Renewable Resources and 7% Hydroelectric
    OAKLAND, Calif., March 20, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) customers received 96% greenhouse gas-free electricity in 2022, making PG&E's mix of electricity sources among the cleanest in the world.
  • In 2022, approximately 40% of PG&E's total electricity delivered to customers came from specified eligible-renewable resources including biopower, small hydroelectric, solar and wind power, according to PG&E's recent Form 10-K1.
  • PG&E customers also received 49% of electricity deliveries from carbon-free nuclear power generated by Diablo Canyon Power Plant, and 7% from large hydroelectric power.
  • According to the California Independent System Operator (ISO), one MW produces roughly enough electricity to power 750 homes.

PG&E Corporation Appoints Carolyn Burke as Executive Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, March 15, 2023
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OAKLAND, Calif., March 15, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced that Carolyn Burke, a finance and operations executive with extensive leadership and turnaround experience in Fortune 500 energy and financial services companies, will assume the role of Executive Vice President and Chief Financial Officer, effective May 4, 2023.

Key Points: 
  • OAKLAND, Calif., March 15, 2023 /PRNewswire/ -- PG&E Corporation (NYSE: PCG) today announced that Carolyn Burke, a finance and operations executive with extensive leadership and turnaround experience in Fortune 500 energy and financial services companies, will assume the role of Executive Vice President and Chief Financial Officer, effective May 4, 2023.
  • She was most recently Executive Vice President and Chief Financial Officer at Chevron Phillips Chemical Company, and previously Executive Vice President, Strategy at Dynegy, where she was part of the executive management team that helped lead the company's emergence from bankruptcy to become a successful power generation and retail electric company.
  • She will succeed Chris Foster, who will leave PG&E following its first quarter earnings call on May 4, 2023, to join CenterPoint Energy as its new Executive Vice President and Chief Financial Officer.
  • As Chief Financial Officer, Ms. Burke will be responsible for audit, accounting, financial planning, investor relations, treasury, and tax functions.

CenterPoint Energy announces appointment of Christopher Foster as Executive Vice President and Chief Financial Officer

Retrieved on: 
Wednesday, March 15, 2023
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HOUSTON, March 15, 2023 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Christopher Foster as Executive Vice President and Chief Financial Officer, effective May 5.

Key Points: 
  • HOUSTON, March 15, 2023 /PRNewswire/ -- CenterPoint Energy, Inc. (NYSE: CNP) today announced the appointment of Christopher Foster as Executive Vice President and Chief Financial Officer, effective May 5.
  • He will report to CenterPoint Energy's Chief Executive Officer Dave Lesar and serve on the company's Executive Committee.
  • Foster joins CenterPoint Energy from PG&E Corporation where he held roles of increasing responsibility over the past 11 years.
  • Most recently, he served as Executive Vice President and Chief Financial Officer overseeing PG&E's financial activities.

PG&E Customers Can Spring Forward with Safety as Daylight Saving Begins Sunday, March 12

Retrieved on: 
Thursday, March 9, 2023
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OAKLAND, Calif., March 9, 2023 /PRNewswire/ -- It's time to spring forward! Daylight saving time begins this Sunday, March 12. Aside from setting your watch and clocks one hour forward and enjoying more daylight, this is the perfect time to make your home and family safer. Pacific Gas and Electric Company (PG&E) has some simple tips that can help.

Key Points: 
  • Daylight saving time begins this Sunday, March 12.
  • These devices should be tested twice a year, and batteries replaced if necessary, which makes the start and end of daylight saving time such a perfect reminder.
  • PG&E offers free gas appliance safety checks and encourages customers to schedule an inspection by calling the customer helpline at 1-800-743-5000.
  • If customers suspect a gas leak, PG&E urges customers to call 911 and then PG&E at 1-800-743-5000.

PG&E Mobilizing for Powerful Winter Storm Expected to Arrive in Northern California Thursday, Spread to Rest of the State Friday

Retrieved on: 
Wednesday, March 8, 2023
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OAKLAND, Calif., March 8, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is mobilizing personnel ahead of a significant winter storm that will arrive Thursday afternoon and move across much of Northern and Central California Friday, bringing with it significant rain, snow levels rising to 6,000 to 8,000 feet north to south in the Sierra, as well as strong wind gusts.

Key Points: 
  • The incoming adverse weather could result in trees, limbs and other debris falling into powerlines, damaging equipment and interrupting electric service.
  • The company is using its storm outage prediction models that help determine the potential timing, location, and number of power outages.
  • The models allow the company to have extra crews on standby to deploy to areas hard hit by the storm.
  • Warmer and wet conditions are expected to return to the region Thursday as a moderately strong atmospheric river storm takes aim at the territory.

Terrestrial Energy Names Former CEO of TVA and PG&E to Board of Directors

Retrieved on: 
Tuesday, February 28, 2023
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Mr. Johnson is a prominent energy industry executive with extensive experience in the electric and nuclear utility sectors.

Key Points: 
  • Mr. Johnson is a prominent energy industry executive with extensive experience in the electric and nuclear utility sectors.
  • Terrestrial Energy is developing a nuclear power plant using proprietary Integral Molten Salt Reactor (IMSR) fission technology for zero-carbon industrial cogeneration.
  • We are pleased to welcome Bill as an independent director to our Board.”
    In addition to his roles at TVA and PG&E, Mr. Johnson previously was Chairman, President and CEO of Progress Energy.
  • He has served as officer and director for multiple leading energy companies and currently serves on the board of directors of TC Energy and NiSource.

Global Financial and Risk Management Leader Edward G. Cannizzaro to Join PG&E Boards of Directors

Retrieved on: 
Monday, February 27, 2023
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Mr. Cannizzaro brings decades of experience advising clients on business and risk management success.

Key Points: 
  • Mr. Cannizzaro brings decades of experience advising clients on business and risk management success.
  • Mr. Cannizzaro has counseled clients in a wide range of industries including e-commerce, financial technology, semiconductors, manufacturing, retail, biotechnology, and real estate.
  • Mr. Cannizzaro spent over 35 years at KPMG, a global professional services firm, holding various audit, risk management, and regulatory positions of increasing responsibility.
  • Most recently, Mr. Cannizzaro served as the Global Head of Quality, Risk, and Regulatory for KPMG, with global responsibility for quality controls, risk management, and ethics and compliance monitoring programs from 2018 to 2022.

PG&E Mobilizing for Powerful Winter Storm Arriving in Northern and Central California Today

Retrieved on: 
Tuesday, February 21, 2023
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OAKLAND, Calif., Feb. 21, 2023 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is mobilizing personnel ahead of a significant cold and windy winter storm that will arrive in coastal areas this afternoon and move across much of Northern and Central California Wednesday and into Thursday, bringing with it snow fall as low as 500 to 1,000 feet in some areas.

Key Points: 
  • "We encourage customers to prepare for the storm now," said Angie Gibson, vice president, PG&E Emergency Preparedness & Response.
  • The company is using its storm outage prediction models that help determine the potential timing, location, and number of power outages.
  • The models allow the company to have extra crews on standby to deploy to areas hard hit by the storm.
  • Based on the current forecast, this storm won't have the same impact as the historic series of atmospheric river storms that hit Northern and Central California in late December and early January.

PG&E Urges Customers to See if They Qualify for Federal Program on LIHEAP Action Day

Retrieved on: 
Thursday, February 16, 2023
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OAKLAND, Calif., Feb. 16, 2023 /PRNewswire/ -- As Low Income Home Energy Assistance Program (LIHEAP) Action Day in Washington, D.C. is underway today, Pacific Gas and Electric Company (PG&E) urges customers who are struggling to pay energy bills to learn more about the program and see if they qualify. 

Key Points: 
  • OAKLAND, Calif., Feb. 16, 2023 /PRNewswire/ -- As Low Income Home Energy Assistance Program (LIHEAP) Action Day in Washington, D.C. is underway today, Pacific Gas and Electric Company (PG&E) urges customers who are struggling to pay energy bills to learn more about the program and see if they qualify.
  • National Energy and Utility Assistance Coalition (NEUAC) is hosting the LIHEAP Action Day.
  • The federally funded program helps low-income households with their energy bills, including those at risk of having service interrupted for non-payment.
  • Last year marked the highest amount of bill credits received by PG&E customers – in total, more than $75.4 million.

PG&E Customers to Receive Over $55 Million in Bill Credits Through New Incentive Program

Retrieved on: 
Wednesday, February 15, 2023
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OAKLAND, Calif., Feb. 15, 2023 /PRNewswire/ -- At a time when higher natural gas prices are driving up energy costs, the new Power Saver Rewards Program is providing over $55 million in bill credits to participating Pacific Gas and Electric Company (PG&E) customers. PG&E thanks its customers for their significant conservation efforts, which helped avert rotating power outages during extended periods of record-setting temperatures in the summer of 2022. 

Key Points: 
  • Power Saver Rewards Program rewards residential participants for temporarily reducing energy use when the demand for electricity is high.
  • Notifications to customers to reduce energy use as part of the program are sent out the day before an event.
  • Over the ten event days in 2022, the average customer bill credit for program participants was $35.
  • Currently more than 1.6 million customers are enrolled in the program.