Economic Vitality

PG&E is an integral contributor to California’s economic prosperity. As a local provider of electricity and natural gas, the investments we are making to deliver a safe, reliable, affordable and clean energy future support jobs, stimulate economic growth and contribute to the tax base in hundreds of communities from Bakersfield to Eureka.

Despite signs of progress, many communities continue to face challenges attracting the resources needed to support economic development and job creation. We’re working to help: we’re building career pathways, collaborating with local organizations through charitable grants, expanding opportunities for diverse and local suppliers, and offering incentives to make homes and businesses more energy efficient, which saves customers money.

Highlights

  • Invested more than $5 billion to enhance our system and improve safety and reliability.
  • Provided career opportunities for veterans and others through our PowerPathway™ workforce development program.
  • Achieved our highest-ever supplier diversity results, helping thousands of businesses to grow and hire.
  • Devoted $23.2 million to community investments that enriched educational opportunities, preserved our environment and supported the vitality of our communities.
  • Began offering a new economic-development rate designed to lower energy costs for qualifying businesses.
  • Continued to offer extensive energy efficiency assistance to help customers save money by reducing energy usage.
  • Made more than $119 million in franchise fee payments and nearly $317 million in property tax payments to local governments.

Key Sustainability Indicators

81%
Percentage of PowerPathway graduates hired into industry jobs
42.1%
Percentage of overall spending on diverse certified firms in 2013, our highest-ever achievement
Review the full list of indicators »

Our Materiality Matrix

Issues covered in this section

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Our Sustainability Journey

Business

Safety

Customers

Employees

Economic Vitality

Environment

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