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Pacific Gas and Electric Company

American utility company

The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly traded stock that is headquartered in the Pacific Gas & Electric Building in San Francisco, California, United States. PG&E provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield and to the north side of the County of Santa Barbara to near the Oregon State Line and Nevada and Arizona State Line, which represents 5.2 million households. PG&E is overseen by the California Public Utilities Commission. It is the leading subsidiary of the holding company PG&E Corporation, which has a market capitalization of $3.242 billion as of January 16, 2019. It was founded by George H. Roe after California's Gold Rush and by 1984 was the United States' "largest electric utility business". PG&E is one of four regulated, investor-owned utilities (IOUs) in California; the other three are PacifiCorp's Pacific Power, Southern California Edison and Sempra Energy's San Diego Gas & Electric.

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Gov. Gavin Newsom’s opposition is the latest hurdle for the utility, which is seeking to resolve a complex bankruptcy and take part in a state wildfire fund.
Credit: NYTimes.com - Published 3 hours ago

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California Governor Gavin Newsom on Friday rejected the bankruptcy reorganization plan submitted by PG&E Corp , the state's largest investor-owned utility,..
Credit: Reuters - Published 4 hours ago

California Governor Gavin Newsom was expected to decide late on Friday whether a bankruptcy reorganization plan submitted by PG&E Corp , the state's largest..
Credit: Reuters - Published 4 hours ago

Thursday: A look at the moving pieces in the utility’s bankruptcy. Also: Zoe Lofgren, and a historic marionette theater.
Credit: NYTimes.com - Published 2 days ago

PG&E Corp said https://www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in..
Credit: Reuters - Published 5 days ago

Monday: An expert talks about the effects of seeing people living on the streets. Also: A major PG&E settlement, and Katie Hill speaks out.
Credit: NYTimes.com - Published 5 days ago

California's bankrupt power producer PG&E Corp said on Friday it had reached a $13.5 billion settlement with victims of some of most devastating wildfires in the..
Credit: Reuters - Published 1 week ago

Pacific Gas & Electric Co. announced a $13.5 billion settlement late Friday with Northern California victims who suffered enormous losses in the 2017 and 2018..
Credit: USATODAY.com - Published 1 week ago

Bankrupt California power producer PG&E Corp said on Friday it had reached a $13.5 billion agreement to resolve individual claims relating to the 2017 and 2018..
Credit: Reuters - Published 1 week ago

Bankrupt California power producer PG&E Corp said on Friday it had reached an agreement to resolve individual claims relating to the 2017 and 2018 wildfires and..
Credit: Reuters - Published 1 week ago

The agreement could help tens of thousands of residents rebuild while helping to resolve the utility’s bankruptcy.
Credit: NYTimes.com - Published 1 week ago

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