PG&E Trading Volume Drops 34.19% Ranking 365th in Market Activity

On June 2, 2025, Pacific Gas and Electric Company (PG&E) saw a trading volume of $263 million, a 34.19% decrease from the previous day, ranking 365th in the day's stock market activity. The company's stock price fell by 1.36%, marking the second consecutive day of decline, with a total decrease of 2.46% over the past two days.

PG&E has expanded its Family Electric Rate Assistance (FERA) program to include one- and two-person households, making an estimated 150,000 additional customers eligible for an 18% discount on their electric bills. Previously, the program was limited to households with three or more people. The expansion is a result of Senate Bill 1130, passed in 2024, which revised the eligibility guidelines and eliminated the requirement for households to have three or more persons to qualify for FERA. The discount does not apply to gas rates, and eligibility is based on income and household size. For example, a household with one or two people making up to $52,875 a year could qualify for assistance.

PG&E's Senior Vice President, Customer Experience, Vincent Davis, encouraged customers to apply for the monthly assistance and spread the word to others who may qualify. In 2024, more than 39,000 FERA-enrolled PG&E customers received discounts totaling more than $21 million, with customers saving an average of more than $45 per month on their electric bill. The company also provides other income-eligible assistance programs, such as the California Alternate Rates for Energy (CARE) program, which offers a monthly discount of 20% or more on gas and electricity bills, and the Relief for Energy Assistance through Community Help (REACH) program, which offers a one-time bill credit for income-eligible customers of up to $300 based on a past-due balance.