Pacific Gas & Electric Company (NYSE: PCG) is a publicly traded utility holding company headquartered in San Francisco, California. Through its subsidiary, Pacific Gas and Electric Company, it delivers electricity and natural gas to residential, commercial, and industrial customers across Northern and Central California. The company operates one of the largest combined natural gas and electric utilities in the United States, maintaining an extensive network of power lines, substations, pipelines, and storage facilities.
Tracing its roots back to 1905, Pacific Gas & Electric grew through a series of mergers and acquisitions of smaller electric and gas providers in the early 20th century. Over the decades, the company has invested heavily in infrastructure modernization, introducing advanced metering technology, renewable energy integration, and grid-smart applications. PG&E played a pivotal role in the electrification of California’s urban and rural communities, supporting the state’s agricultural and technological expansion.
PG&E’s service territory covers roughly 70,000 square miles, encompassing major metropolitan areas such as San Francisco, Sacramento, and Oakland, as well as vast rural regions extending to the Sierra Nevada foothills and the northern coastal counties. The company serves nearly 16 million people by providing safe and reliable energy. It manages a diverse energy portfolio that includes hydroelectric, solar, wind, and other renewable sources, alongside traditional natural gas generation. PG&E is also engaged in comprehensive wildfire mitigation efforts, deploying vegetation management, enhanced inspection protocols, and undergrounding of power lines in high-risk areas.
Under the leadership of President and Chief Executive Officer Patricia K. Poppe, PG&E has focused on operational excellence and customer service enhancement. The executive team prioritizes safety, regulatory compliance, and stakeholder engagement, working closely with state regulators, emergency responders, and community organizations. PG&E continues to navigate California’s evolving energy landscape by advancing decarbonization goals and investing in resilient infrastructure to serve its customers well into the future.
AI Generated. May Contain Errors.
Free PCG Stock Alerts