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TheStreet Open House

PG&E Employees Donate $6 Million To Local Communities

SAN FRANCISCO, Dec. 19, 2012 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) announced today that its employees and retirees have raised more than $6 million to support nonprofit organizations and schools through the utility's annual giving initiative, Campaign for the Community. The total was the most ever pledged in the campaign's history and exceeded last year's total by $700,000. Employee contributions will benefit entities throughout PG&E's service area in Northern and Central California.

Tony Earley, chairman, CEO and president of PG&E Corporation, praised employees for their generosity, calling it "an incredible outpouring of support for our customers in this time of economic need."

"Our customers have always been able to count on PG&E and its employees to give back to our communities. That spirit of service is alive through our volunteerism and giving throughout the year, but it has never been more evident than during this campaign," Earley said.

The money raised by PG&E's Campaign for the Community will be distributed throughout 2013 to 5,400 schools and nonprofit organizations, including environmental organizations, community centers, food banks, animal shelters, veterans groups and many others, to help keep important programs and services alive in local communities.

Through PG&E's Campaign for the Community, employees can designate donation recipients and contribute amounts of their choosing through payroll deductions or onetime donations. This year, pledges were made by 8,500 employees, 41 percent of PG&E's workforce, and more than 400 retirees.

In addition, PG&E's employee resource groups raised $126,000 through community events, from funny slipper contests and food sales, to dinners with PG&E officers. Last year, these employee-led fundraising events earned nearly $100,000 for the community.

Since 2000, PG&E employees and retirees have raised more than $43 million through Campaign for the Community, benefitting schools and nonprofit organizations in communities where PG&E employees live and work, primarily in Northern and Central California. These monies are in addition to the $23 million that PG&E donates annually throughout its service area.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in Northern and Central California. For more information, visit:  http://www.pge.com/about/newsroom/ and www.pgecurrents.com.

SOURCE Pacific Gas and Electric Company (PG&E)

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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