Pacific Gas and Electric Company (PG&E) provides natural gas and electric service to residential and business customers in northern and central California.
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PG&E Corporation Reports First Quarter 2026 Resultsprnewswire.com/news-releases/pge-corporation-reports-first-quarter-2026-results-on-track-to-deliver-solid-2026-bundled-residential-electric-rates-now-down-23-since-2024-for-most-vulnerable-customers-302751163.html
PG&E Corporation reports first-quarter 2026 GAAP earnings of $0.39 per share, compared with $0.28 in the same period of 2025. The company says it remains on track to deliver solid 2026 results, while bundled residential electric rates are down 23% since 2024 for its most vulnerable customers.
PG&E brings online more than 2,534 megawatts of new incremental battery storage capacity to help integrate solar and other renewables onto the grid. The capacity supports California’s clean energy transition.
PG&E seeks another multi-billion-dollar rate increase to fund core utility functions for 2025 and beyond. If the CPUC approves the request, PG&E would be authorized to spend up to .3 billion, raising concerns about the ongoing burden on ratepayers.
Apr 2025 · California Public AdvocatesNews article
DOE announces a 5 billion loan guarantee to Pacific Gas and Electric Company for Project Polaris. The guarantee is designed to support projects that expand hydropower generation and battery storage, upgrade transmission capacity, and enable virtual power plants throughout PG&E’s service area.