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PCG Stock - PG&E Corp.


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PG&E Corporation, headquartered in San Francisco, California, operates through its subsidiary, Pacific Gas and Electric Company, as a prominent provider of electricity and natural gas services to customers across northern and central California, United States. Established in 1905, the company plays a vital role in electricity generation utilizing a diverse mix of sources including nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic technologies.

As of December 31, 2021, PG&E Corporation owns and manages an extensive infrastructure network to support its operations. This includes approximately 18,000 circuit miles of interconnected transmission lines, 33 electric transmission substations, and a comprehensive distribution network encompassing approximately 108,000 circuit miles of distribution lines, 67 transmission switching substations, and 753 distribution substations. Additionally, the company operates a significant natural gas transmission, storage, and distribution system comprising approximately 43,800 miles of distribution pipelines, 6,200 miles of backbone and local transmission pipelines, and various storage facilities.

PG&E Corporation serves a diverse customer base that includes residential, commercial, industrial, and agricultural sectors, as well as natural gas-fired electric generation facilities. Committed to safety, reliability, and environmental stewardship, PG&E continues to innovate and invest in infrastructure to meet the energy needs of its customers while advancing sustainable energy solutions.

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Stock Sector: Utilities: Electric Utilities

 

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