Event JSON
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"PG\u0026E foresees ‘bright future’ with lower prices, higher demand"
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"PG\u0026E CEO Patti Poppe expressed optimism about the company's future, citing progress in cutting costs and improving its credit rating. The company plans to file a rate case with its lowest requested rate increase in a decade, driven by growing demand from data centers and cost-cutting efforts. PG\u0026E also plans to cut costs by undergrounding power lines and anticipates limited impacts from tariffs. The company is working with state lawmakers to shore up the state's wildfire insurance fund and is conducting a review of its de-energized and deactivated electric lines."
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