About the Company
The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines. Overseen by the California Public Utilities Commission, PG&E is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $34.9 billion as of March 10, 2025. PG&E was established on October 10, 1905, from the merger and consolidation of predecessor utility companies, and by 1984 was the United States' "largest electric utility business". PG&E is one of six regulated, investor-owned electric utilities (IOUs) in California; the other five are PacifiCorp, Southern California Edison, San Diego Gas & Electric, Bear Valley Electric, and Liberty Utilities. In 2018 and 2019, the company received widespread media notoriety when investigations by the California Department of Forestry and Fire Protection (Cal Fire) found the company's infrastructure primarily responsible for causing two separate devastating wildfires in California, including the 2018 Camp Fire, the deadliest wildfire in California history. The formal finding of liability led to losses in federal bankruptcy court. On January 14, 2019, PG&E announced its filing for Chapter 11 bankruptcy in response to its liability for the catastrophic 2017 and 2018 wildfires in Northern California. The company hoped to come out of bankruptcy by June 30, 2020, and was successful, when U.S. Bankruptcy Judge Dennis Montali issued the final approval of the plan for PG&E to exit bankruptcy on that day.
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Latest News on PG&E Corp
PG&E proposes power equipment upgrade to serve Microsoft data hub
PG&E has filed a proposal with state regulators seeking approval to build wide-ranging electricity upgrades in San Jose.
PG&E projects rate drop in 2026, SB 254 moves through legislation for bill relief
Many individuals continue to advocate for reduced rates, including Senator Josh Becker through the introduction of Senate Bill 254. Meanwhile, PG&E anticipates ...
California taxpayers gave PG&E a huge loan. Its losses are already mounting
Gov. Gavin Newsom assured lawmakers federal funds would eventually cover a $1.4 billion loan to keep the Diablo Canyon ...
PG&E gas main repair to affect traffic on Hilltop Drive in Redding
Pacific Gas and Electric Company (PG&E) will be conducting gas main repairs on Hilltop Drive from August 21 through September ...
Feather River sees high water flows, PG&E advises caution
PG&E is urging caution this weekend as river flows increase in the Plumas National Forest, creating challenging conditions ...
PG Electroplast shares rise 14%; fresh price targets, stop loss, outlook and more
PG Electroplast shares, which plummeted over 32% in the last two weeks, rose 13.64% to Rs 556.45 on BSE today.
A Pair of PG County Products Sign WNBA Deals
Former Bishop McNamara star Scott joins Mystics on seven-day deal, while Riverdale Baptist alum Charles extends her stint ...
2026 PG XC PanAm dates change
The CIVL Bureau has approved the change of the dates for the 7th FAI Pan-American Paragliding Championships in Castelo, Brazil. The change is necessary due to the adjustments in national procedures ...
PG&E warns of increased river flows for whitewater recreation in Quincy
Pacific Gas and Electric Company (PG&E) has issued a warning to the public to exercise heightened safety measures as water ...
PG Electroplast Share Surges Nearly 12%, Nears 52-Week High; FMCG Index Climbs, What’s Driving The Sharp Rise?
The surge in consumer durable stocks-including PG Electroplast, Voltas, Amber, and others-has been driven by optimism ...
California Wildfires: How PG&E Ignored Risks in Favor of Profits
Pacific Gas & Electric, California’s largest utility, has been responsible for wildfires in recent years that destroyed hundreds of thousands of acres. Several proved fatal.
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