Pacific Gas & Electric (NYSE:PCG) Company (NYSE: PCG) is one of the largest combined natural gas and electric utilities in the United States, providing service to approximately 16 million people across a 70,000-square-mile service area in Northern and Central California. The company’s core operations encompass the transmission, distribution and sale of electricity, as well as the purchase, transportation and distribution of natural gas. PG&E delivers energy through an extensive network of power lines, substations, pipelines and storage facilities that spans urban, suburban and remote communities throughout its service territory.
In the electric segment, PG&E operates a diversified portfolio of power sources, including hydroelectric, nuclear, natural gas-fired and renewable generation facilities. The company maintains and upgrades its transmission and distribution infrastructure to enhance system reliability, support grid modernization and enable the integration of distributed energy resources such as rooftop solar and battery storage. On the gas side, PG&E manages a network of high-pressure transmission lines and local distribution pipelines that serve residential, commercial and industrial customers.
Founded in 1905 and headquartered in San Francisco, PG&E has played a central role in California’s economic development and energy landscape for more than a century. The company has navigated significant challenges and changes in regulation, technology and environmental policy. Under the leadership of President and Chief Executive Officer Patricia K. Poppe, who assumed the role in January 2021, PG&E is focused on enhancing safety protocols, strengthening operational resilience and advancing sustainability initiatives.
PG&E has committed to supporting California’s clean energy goals by reducing greenhouse gas emissions, expanding the use of renewables and investing in wildfire mitigation programs. Through its long-term planning and capital investment programs, the company aims to deliver reliable and affordable energy while addressing evolving customer needs, regulatory requirements and environmental priorities.
