California electric and gas utility company. Pacific Gas & Electric Company (PG&E) is a major investor-owned utility headquartered in Oakland, California. PG&E provides electricity and natural gas services to approximately 16 million people throughout northern and central California, spanning a service area of about 70,000 square miles. Established in 1905, the company is now a subsidiary of PG&E Corporation and ranks among the largest combined gas and electric utilities in the United States. PG&E plays a vital role in supplying energy through a mix of sources, including hydroelectric facilities and the Diablo Canyon nuclear power plant. In recent years, PG&E generated revenues of about $21.7 billion (2023), reflecting its key presence in the regional energy market. With a workforce of roughly 28,400 employees, the company is focused on grid modernization, renewable integration, and maintaining energy reliability for millions of homes and businesses.
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