California’s prosperity

 

As a local provider of electricity and natural gas, we’re working every day to help our customers and hometowns prosper. The investments we’re making to deliver a safe, reliable, affordable, and clean energy future support economic development and job creation.

 

We believe clean energy needs to be affordable for and inclusive of all economic backgrounds. We are addressing energy affordability and equity in collaboration with our regulators and community partners.

2023 highlights

Supporting energy affordability

65,000+ households

Provided weatherization, energy efficiency solutions, and appliances to more than 65,000 income-qualified households through our Energy Savings Assistance Program.

1.4 million customers

Provided 1.4 million income-qualified customers with a monthly discount on their bill through the CARE program.

Promoting economic vitality

16th year of PowerPathway

Graduated our 16th year of PowerPathway , an innovative program that helps people, including women and military veterans, prepare for high demand jobs in the utility and energy industry. There have been more than 1,240 graduates since the program’s inception in 2008.

$4.2 billion spent with diverse suppliers

Spent $4.2 billion or 36.6% of our total procurement expenditures with diverse suppliers.

Giving back to our communities

5,000 organizations

Contributed $8.8 million in coworker, retiree, and matching gifts to nearly 5,000 organizations through our annual Campaign for the Community

$22.6 million in charitable giving

Contributed $22.6 million to charitable organizations through our Better Together Giving Program, designed to help address critical social, educational, and environmental challenges in the communities we serve. 

Sustainable financing

PG&E finalized its first sustainability bond transaction to support investments in grid resilience and carbon reduction in 2023. PG&E published the climate impacts of the bond issuance in its Sustainable Financing Report.