Wildfires are driving up California electric bills. Lawmakers need to act [Los Angeles Times (CA)]
Pacific Gas & Electric Co. (PCG)
Last pacific gas & electric co. earnings: 5/1 08:21 am
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Source: Los Angeles Times
Does that mean Southern California Edison, Pacific Gas & Electric and San Diego Gas & Electric should spend less money trimming trees, burying power lines and funding night-flying Chinook helitankers That question is central to a raging debate in Sacramento over how to tame out-of-control utility bills. From 2019 through 2023, Edison, PG&E and SDG&E were collectively authorized to add $27 billion in wildfire-related costs to customer rates, according to the California Public Utilities Commission — 18% of their overall system costs. Those wildfire-related costs caused bills to rise between 7% and 12% for the average residential customer — $24 per month for homes served by PG&E, $18 for Edison customers and $13 for SDG&E customers. “The cost of doing nothing is enormous,” Assemblymember Cottie Petrie-Norris (D-Irvine), who chairs the Utilities and Energy Committee, said this month at an oversight hearing on utility wildfire spending. Before the Eaton and Palisades fires devasta
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News
- California regulator to reduce utility company profits but by less than proposed [Seeking Alpha]Seeking Alpha
- Apply Now: PG&E's Match My Payment Bill-Pay Program Extended, Funds Are Limited [Yahoo! Finance]Yahoo! Finance
- Apply Now: PG&E's Match My Payment Bill-Pay Program Extended, Funds Are LimitedPR Newswire
- Is PG&E a Bargain After Wildfire Risk Management Efforts and Recent Share Price Rebound? [Yahoo! Finance]Yahoo! Finance
- PG&E Corporation, Utility Subsidiary Pacific Gas and Electric Company Announce Changes in Team Structures, Part of Positioning Company to Better Serve Customers and Hometowns [Yahoo! Finance]Yahoo! Finance
PCG
Earnings
- 10/23/25 - Beat
PCG
Sec Filings
- 11/25/25 - Form 4
- 11/5/25 - Form 4
- 11/3/25 - Form 4
- PCG's page on the SEC website