We recently published a list of 7 Cheap Utility Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where PG&E Corporation (NYSE:PCG) stands against other cheap utility stocks according to hedge funds. The global utilities industry encompasses three primary sectors: electricity, natural gas, and water. It […]
The company said it was monitoring weather conditions across its service territories in California as parts of the state are expected to experience gusty winds, high temperatures and low humidity levels. PG&E initiated a "public safety power shutoff (PSPS)", cutting off power for homes and businesses across Sacramento Valley and surrounding foothills, according to a post on its website.
PG&E receives $34.5 million from the Department of Energy's Grid Deployment Office to support 19 hydropower projects across California.