PG&E Surpasses 20 Percent Renewable Energy Milestone Utility On Track to Meet State Goal of 33 Percent by 2020
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.
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 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/.
SOURCE Pacific Gas and Electric Company (PG&E)