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PG&E Launches New Economic Vitality Grant Program Grants Aimed at Boosting Local Job Creation and Promoting Economic Opportunity

Release Date: June 6, 2013
Contact: PG&E External Communications (415) 973-5930

SAN FRANCISCO, Calif. – Pacific Gas and Electric Company (PG&E) announced today a new economic vitality grant program designed to promote economic growth in communities throughout the utility’s service area in Northern and Central California. Through this pilot program, up to $200,000 will be awarded to local government organizations, educational institutions and 501(c) 3 non-profit organizations to provide funding for projects or programs designed to spur innovation and job creation.

As part of PG&E's nearly $2.5 million charitable commitment to economic development in 2013, this new shareholder-funded program will invest in local initiatives that aim to attract, retain or expand local businesses; provide business development, incubation or acceleration opportunities; or provide valuable workforce training. In addition, these grants will be awarded to projects that aim to spur job creation within local economies struggling to recover from the economic downturn.

"As one of the state's largest employers and a key contributor to many local economies, PG&E is focused on the economic health of our customers and California," said Ezra Garrett, PG&E Vice President for Community Relations and Chief Sustainability Officer. "Through this pilot program, we will provide local non-profits and institutions the resources they need to spur job creation and to promote economic vitality in the communities which we are privileged to serve."

Applications for PG&E's Economic Vitality Grant Program will be accepted from June 4 through July 31, 2013. To learn more and apply, please visit www.pge.com/evgrants.

Pacific Gas and Electric Company (PG&E), a subsidiary of PG&E Corporation (NYSE:PCG), and the PG&E Corporation Foundation strive to power strong communities throughout Northern and Central California. In 2012 PG&E contributed over $23 million to charitable organizations, including matching the generosity of employees who donated more than $6 million and volunteered 41,000 hours to company-supported events. Community investments are funded entirely by shareholders. For more information, visit www.pge.com/community.

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