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Pacific Gas Electric Co

BUSINESS
October 4, 2007 | From Times Wire Services
Pacific Gas & Electric Co. said it would give away 1 million energy-saving light bulbs this month in what it is calling the largest one-month promotion of compact fluorescent light bulbs. The bulbs cost more than standard incandescent light bulbs but use about 75% less energy and are said to last as much as 10 times longer. The utility said its giveaway could save 400,000 megawatt-hours of power use and prevent emission of 200,000 tons of greenhouse gases.
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BUSINESS
July 26, 2007 | From Times Wire Services
Pacific Gas & Electric, California's largest utility, will buy 553 megawatts of power from Israel's Solel Solar Systems Ltd., which is building what it said would be the world's largest solar-power plant. Solel's Mojave Solar Park will provide power equivalent to the electrical needs of 400,000 homes as PG&E seeks to reduce its reliance on carbon-based energy sources, the companies said. The $2-billion facility will be fully operational by 2011, Solel said.
BUSINESS
June 29, 2007 | From Times Wire Services
Pacific Gas & Electric, California's largest utility, said it wanted to purchase credits from projects that would reduce the amount of greenhouse gases in the atmosphere to fight global warming. The San Francisco-based utility is searching for projects in the livestock manure management sector that will offset the equivalent of 250,000 tons of carbon dioxide, it said. It will also include other types of investments for forestry management.
BUSINESS
June 20, 2007 | From Times Wire Services
Pacific Gas & Electric Co. said it would study the potential for using the tides in the San Francisco Bay to generate electricity. The San Francisco-based utility said that it would team up on the yearlong study with San Francisco and closely held Golden Gate Energy of Washington, which has a preliminary federal permit for tidal energy in the bay.
BUSINESS
May 11, 2007 | From Times Wires Services
PG&E Corp., owner of California's largest utility, said first-quarter profit rose 20% on higher electricity rates. Net income rose to $256 million, or 71 cents a share, from $214 million, or 60 cents, a year earlier, the San Francisco-based company said. PG&E was expected to earn 62 cents, the average of analyst estimates compiled by Bloomberg.
BUSINESS
March 22, 2007 | From Times Wire Services
Pacific Gas & Electric Co. and the San Francisco Giants said Wednesday that they would team up to place the first solar energy system at a major league ballpark. But storm clouds are gathering over the plan to install nearly 600 solar panels at AT&T Park, the Giants' home field. Consumer advocates contend the project is little more than a publicity stunt and that shareholders, not ratepayers, should be footing the bill.
BUSINESS
March 16, 2007 | From Times Wire Services
State utility regulators Thursday approved more sections of Southern California Edison Co.'s $1.8-billion Tehachapi renewable power transmission project as well as a 4.5% rate increase for Pacific Gas & Electric Co. The Edison project is designed to allow the flow of renewable power -- mainly from wind farms in the Tehachapi area northeast of Los Angeles -- and is key to the utility's push to increase the amount of renewable power delivered to its 4.7 million electricity customers.
BUSINESS
March 1, 2007 | From the Associated Press
Pacific Gas & Electric Co. plans to file a federal application to study a section of ocean off Humboldt Bay to produce electricity from the power of waves. The preliminary permit application to the Federal Energy Regulatory Commission is the first step in the possible development of the project.
CALIFORNIA | LOCAL
December 15, 2006 | Tim Reiterman, Times Staff Writer
After Pacific Gas & Electric Co. offered to create a 1,200--acre conservation easement along the San Luis Obispo County coastline, the California Coastal Commission unanimously approved permits Thursday to allow the utility to replace corroded steam generators at the Diablo Canyon nuclear power plant.
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