PG&E Corporation (NYSE: PCG), a company that owns the Pacific Gas and Electric Company as a subsidy, has announced that it is committed to reducing wildfire risk, enhance energy system safety and reliability, and delivering more clean energy for California by investing in these sectors.
Dependency on Pacific Gas and Electric Company (PG&E) for energy needs in high
To ensure that supply meets demands, the company has made official its plans in the energy sector. Many as 16 million consumers rely on the Pacific Gas and Electric Company (PG&E) for their energy needs. To strengthen the energy systems that millions of consumers depend on, Pacific Gas and Electric Company (PG&E) has plans of introducing a series of crucial safety, resiliency, and clean energy investments in its 2023 General Rate Case (GRC). The move by Pacific Gas and Electric Company (PG&E) comes in the backdrop of its commitment to reduce wildfire risk and deliver safe, reliable, and clean energy service.
Vice President of Regulatory and External Affairs of Pacific Gas and Electric Company (PG&E) comments on the ambitious initiative
“We are committed to improving the critical energy infrastructure that serves each of our 16 million customers, while also ensuring that energy remains as affordable as possible,” Robert Kenney, PG&E Vice President of Regulatory and External Affairs, said. “We know this is a significant request that comes at a pivotal time when many of our customers are struggling to recover from the pandemic. While we believe these investments are critical to meet the evolving energy needs of our communities and customers, we won’t stop looking for additional ways to manage costs, and help customers use less energy and lower their bills,” Kenney concluded.
PG&E provides both natural gas and electric utility services
Pacific Gas and Electric Company is a subsidiary of the PG&E Corporation (NYSE: PCG) that provides natural gas and electric utility services to more than 16 million people across 70,000 square miles in Northern and Central California.