BUZZ-PG&E gains on grid technology expansion with Itron to lower utility rates
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Shares of PG&E rose 1.6% to $15.32 as the company partners with Itron to expand grid technology aimed at reducing utility rates. The initiative focuses on cutting electrification costs, enhancing real-time detection to mitigate wildfire risks, and improving operational efficiency. PG&E plans to install up to 1,000 Itron devices by 2026, with potential for further scaling. In 2025, PG&E's shares had previously dropped by 20.4%.
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