This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

PG&E Smart Grid Upgrades Continue To Improve Service And Expand Benefits For Customers

SAN FRANCISCO, Oct. 1, 2013 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today provided an update to state regulators showing the utility's progress on its Smart Grid plan for modernizing the electric grid to improve safety and reliability while delivering a host of energy and cost savings to customers. The report also describes how new and future Smart Grid projects enable the grid to accommodate new technologies that benefit customers.     

By integrating a wide range of advanced communications, computing, sensing and control technologies on its electric grid throughout Northern and Central California, PG&E is able to provide customers with more control of their energy bill while enabling the company to more quickly respond to outages and service requests.

"This report shows our clear focus on safety, reliability and affordability and on ensuring that Smart Grid projects deliver a wide range of benefits for our customers," said Geisha Williams, executive vice president of electric operations at PG&E. "We've achieved significant progress in the last year making the electric grid that powers our homes and businesses more intelligent and responsive."

Grid improvements include PG&E's outage detection program, which can check individual meters to determine whether or not power has been restored; "self-healing" circuits that significantly reduce the average length of an outage by re-routing power flows; and high-tech monitoring equipment on the transmission system that provides early warning of potential problems so grid operators can take corrective actions before widespread outages occur.

Since the beginning of 2012, such systems have avoided almost 3.8 million customer outage minutes. Last year, PG&E customers experienced the fewest minutes without electricity in company history.

As part of PG&E's plan to enable new customer energy management capabilities, the utility will introduce or expand flexible pricing programs to give customers the opportunity to save money by shifting their energy use to times of the day when energy prices are lower. PG&E's SmartRateā„¢ program is already the largest residential critical peak pricing program in the United States, with more than 120,000 residential customers enrolled in the program. In 2012, the program saved more than 500 megawatt hours, more than double the energy savings in 2011.

In the coming years, PG&E will continue to roll out Smart Grid technologies that improve service and reliability, lower customer costs and incorporate more renewable energy onto the grid. Consistent with its focus on technologies that meet customer needs, PG&E is pursuing such promising technologies only after thorough testing and evaluation, much of which takes place at the company's Applied Technology Services lab in San Ramon. To see how the PG&E team evaluates potential Smart Grid equipment, media will be offered a tour of the facility on Thursday, October 3. To RSVP for the event, please call PG&E Corporate Relations.

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.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs