California Digging Safety Alert: Call 811
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 01 2026
0mins
Should l Buy PCG?
Source: PRnewswire
- Frequent Digging Incidents: In 2025, over 1,200 incidents of underground utility damage occurred in Northern and Central California due to digging, highlighting a widespread issue where residents fail to call 811 for small projects, leading to repair costs averaging $3,500.
- Importance of Safety Calls: In 89% of incidents, homeowners did not call 811, indicating a lack of awareness about underground line locations, which not only poses safety risks but can also result in costly repairs and inconvenient outages, underscoring the necessity of calling 811.
- Misunderstanding Digging Depth: Many residents assume that small digging projects do not require a call to 811; however, underground utilities can be just a few inches below the surface, and this misconception puts people and property at risk, urging the public to call 811 before any digging.
- Role of CGA: The Common Ground Alliance (CGA) is committed to protecting North America's underground infrastructure by promoting effective damage prevention practices, serving as an association of nearly 4,000 members that provides data and information to reduce damages to underground facilities, emphasizing shared responsibility within the industry.
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Analyst Views on PCG
Wall Street analysts forecast PCG stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 16.370
Low
18.00
Averages
21.36
High
25.00
Current: 16.370
Low
18.00
Averages
21.36
High
25.00
About PCG
PG&E Corporation is a holding company. The Company's primary operating subsidiary is Pacific Gas and Electric Company (the Utility), a public utility operating in Northern and Central California. The Utility is engaged in the sale and delivery of electricity and natural gas to customers. The Utility generates electricity and provides electric transmission and distribution services throughout its service area in northern and central California to residential, commercial, industrial, and agricultural customers. The Utility provides electricity, transmission, and distribution services in its service area. The Utility owns approximately 18,000 circuit miles of interconnected transmission lines operating at voltages ranging from 60 kilovolts (kV) to 500 kV. The Utility also operates 33 electric transmission substations with a capacity of approximately 67,000 megavolt amperes (MVA). Customers can also obtain electricity from alternative providers such as municipalities (CCAs).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Core Earnings Resilience: Non-GAAP core earnings reached $0.43 per share, up 30% from $0.33 in Q1 2025, reflecting the company's ongoing efforts in operational efficiency and cost savings, which help strengthen its competitive position in the market.
- Rate Reductions: PG&E has lowered residential bundled electric rates for the fifth time since January 2024, with a 23% reduction for vulnerable customers and 13% for others, which not only alleviates customer burdens but may also enhance customer loyalty and market share.
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