PG&E Corporation

Oakland, Calif. – October 01, 2026 -- Pacific Gas and Electric Company (PG&E) has filed a proposed 10-Year Electrical Undergrounding Plan (EUP) with the California Office of Energy Infrastructure Safety, projecting $117 billion in long-term benefits from burying 5,000 miles of distribution lines across more than 30 Northern and Central California counties between 2028 and 2037.

Undergrounding cuts wildfire ignition risk by 98% in targeted zones

PG&E says moving lines underground in high fire-threat districts nearly eliminates ignition risk and cuts outages by 90% in those areas. The utility estimates the $117 billion in projected benefits is more than 10 times the value of the proposed investment.

Oakland, Calif. – September 29, 2026 -- The PG&E Corporation Foundation is directing $1.32 million in shareholder-funded grants to more than 50 food banks, tribal food banks and senior meal programs across 45 California counties, an amount expected to provide the equivalent of approximately 3.13 million meals.

The funding, timed to Hunger Action Month, is financed entirely by PG&E shareholders and will not be recovered through customer utility rates.

One in five Californians face food insecurity despite the state's agricultural output

The California Association of Food Banks reports that roughly 8.8 million Californians experience food insecurity, even as the state produces nearly half of the nation's fruits and vegetables. Rising housing and grocery costs are pushing communities of color, seniors and working families toward food assistance for the first time, with food banks reporting record demand.

Oakland, Calif. – September 22, 2026 -- The California Fire Foundation (CFF), backed by The PG&E Corporation Foundation, has distributed $1 million in wildfire safety grants to 75 fire departments, fire agencies and nonprofits across Northern and Central California.

PG&E Foundation adds $50,000 to expand ninth annual grant round

The PG&E Foundation committed an additional $50,000 this year to enhance the program, which marks the ninth consecutive year of partnership between CFF and the foundation. CFF reviewed more than 200 submissions during a month-long application window before selecting recipients in high wildfire-risk areas, with awards timed to National Preparedness Month.

Oakland, Calif. – September 07, 2026 -- PG&E Corporation (NYSE: PCG) is launching a strategic review of its business structure and financing, while deferring approximately $2 billion in planned 2027 capital spending to curb near-term borrowing costs for customers.