summary
PG & E Corp. It is the Holding Company for Pacific Gas & Electric Co. , It is a tool owned by the investor. The electrical tool provides electricity to 5.5 million accounts and natural gas to 4.5 million accounts in the north and central California. Electricity constituted about 71 % of 2023 revenues. The company's customer base is weighed towards residential and small business customers. In 2023, 43 % of GWH sales were residential customers, and 37 % of smaller commercial customers. About 80 % of the 2023 gas sales were residential customers. PG & E is also a large operator of the underground gas storage fields in California.
As of the end of 2023, the 26 GWH utility of the generation capacity with a mixture of fuel -owned fuel on owned generation including 25 % of natural gas, 15 % of electrical energy, 2 % renewable, and 58 % nuclear. The purchased energy is 35 % of sources. The company had planned to close the nuclear factory, Diablo Canyon, by 2025, when the administration said it could not