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 Surpasses 20 Percent Renewable Energy Milestone

SAN FRANCISCO, March 26, 2014 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) today announced an important milestone for California's Renewables Portfolio Standard – the utility delivered 22.5 percent of its power from eligible renewable resources in 2013 and is on track to meet the state's clean energy goals for 2020 and beyond.

This marks the first time that renewable energy deliveries – including solar, wind, biomass, small hydro-electric and geothermal – exceeded 20 percent for one year and gave the utility a slight surplus for the 2011-2013 compliance period, when renewable deliveries needed to average 20 percent a year to meet California's renewable energy mandate.

Since 2002, PG&E has signed 155 contracts for more than 10,600MW of eligible renewable power.

"PG&E has the cleanest energy portfolio among American electric utilities.  More than 55 percent of our electricity comes from non-greenhouse gas emitting sources," said John Conway, senior vice president of Energy Supply for PG&E. "Through our own clean energy resources and power purchase agreements for solar, wind and other renewable fuels, we are working to grow our clean energy portfolio and do so in a way that is affordable for our customers."

Along with its increasing clean energy portfolio, PG&E is helping customers better manage their energy usage through energy efficiency and demand response programs, as well as rooftop solar and other distributed generation options. For more information about these programs, visit www.pge.com/saveenergymoney.

About PG&EPacific 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 more than 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 www.pge.com/ and http://www.pge.com/about/newsroom/.

http://www.pgecurrents.com http://www.facebook.com/pacificgasandelectric http://www.twitter.com\pge4me http://www.linkedin.com/company/pacific-gas-and-electric-company http://www.youtube.com/user/pgevideo

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.

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 17,156.85 +24.88 0.15%
S&P 500 2,001.57 +2.59 0.13%
NASDAQ 4,562.1890 +9.43 0.21%

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