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WILDFIRE-RELATED CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Summary of Wildfire-Related Claims
The following table presents the cumulative amounts PG&E Corporation and the Utility have paid through December 31, 2024.
Payments (in millions)
2019 Kincade Fire
$958 
2021 Dixie Fire1,359 
2022 Mosquito Fire18 
Total at December 31, 2024
$2,335 
The following table presents changes in the lower end of the range of PG&E Corporation’s and the Utility’s reasonably estimable losses, net of payments, for claims arising from the 2019 Kincade fire since December 31, 2023.
Loss Accrual (in millions)
Balance at December 31, 2023
$458 
Accrued Losses100 
Payments(291)
Balance at December 31, 2024
$267 
The following table presents changes in the lower end of the range of PG&E Corporation’s and the Utility’s reasonably estimable losses, net of payments, for claims arising from the 2021 Dixie fire since December 31, 2023.
Loss Accrual (in millions)
Balance at December 31, 2023
$870 
Accrued Losses325 
Payments(628)
Balance at December 31, 2024
$567 
Loss Accrual (in millions)
Balance at December 31, 2023
$85 
Accrued Losses— 
Payments(3)
Balance at December 31, 2024
$82 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of December 31, 2024 are:
Potential Recovery Source (in millions)2021 Dixie fire2022 Mosquito fire
Insurance$527 $90 
FERC TO rates
94 
WEMA
508 53 
Wildfire Fund
925 — 
Probable recoveries at December 31, 2024 (1)
$2,054 $150 
(1) Includes legal costs of $123 million and $50 million related to the 2021 Dixie fire and 2022 Mosquito fire, respectively, as of December 31, 2024.
The following table presents changes in accrued insurance recoveries, net of reimbursements received, for the 2021 Dixie fire and 2022 Mosquito fire since December 31, 2023:
Insurance Receivable (in millions)2021 Dixie fire2022 Mosquito fireTotal
Balance at December 31, 2023
$326 $63 $389 
Accrued insurance recoveries
27 28 
Reimbursements
(300)— (300)
Balance at December 31, 2024
$27 $90 $117 
The following table presents changes in accrued Wildfire Fund recoveries, net of claims paid by the Wildfire Fund received, for the 2021 Dixie fire since December 31, 2023:
Wildfire Fund Receivable (in millions)2021 Dixie fire
Balance at December 31, 2023
$600 
Accrued Wildfire Fund recoveries325
Claims paid by Wildfire Fund(169)
Balance at December 31, 2024
$756