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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PG&E Corp | TG:PCG | Tradegate | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.306 | 1.87% | 16.694 | 16.566 | 16.706 | 17.018 | 16.498 | 16.674 | 11,281 | 21:00:02 |
California regulators on Thursday gave the state's three largest utilities approval to spend a total of nearly $350 million on energy conservation measures called demand-response.
The California Public Utilities Commission voted to approve about $188.8 million for Edison International's (EIX) electric utility to spend on demand-response programs over the next three years, with approval for PG&E Corp.'s (PCG) utility to spend about $109 million and Sempra Energy's (SRE) electric utility to spend about $51.6 million.
Southern California Edison's budget includes contracts with demand-response providers EnerNOC (ENOC) and Comverge Inc. (COMV) for a total of $38.8 million, according to the CPUC.
Comverge President Mike Picchi said Comverge has other demand-response contracts with PG&E and San Diego Gas & Electric that, together with the SoCal Edison contract, are worth about $75 million.
-By Cassandra Sweet, Dow Jones Newswires; 415-439-6468; cassandra.sweet@dowjones.com
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