Reaffirmation of 2025 Full-Year Guidance
PG&E reaffirmed its full-year guidance range of $1.48 to $1.52 for 2025, with a midpoint 10% increase from 2024 results.
Data Center Load Growth
The data center project pipeline increased from 5.5 gigawatts to 8.7 gigawatts, indicating strong potential for future growth.
Improved Safety Record
PG&E has gone 814 days without a fatality, the longest period in over 25 years, highlighting improvements in safety culture.
Capital Investment Plan
PG&E's 5-year $63 billion capital plan remains on track, with no single project accounting for more than 2% of the overall plan.
Moody's Upgrade
In March, Moody's upgraded PG&E's utility issuer credit rating to investment grade, acknowledging progress in financial stability.
O&M Cost Reductions
PG&E saved over $500 million in 2023 and another nearly $350 million in 2024 through O&M cost reductions.