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WILDFIRE-RELATED CONTINGENCIES (Tables)
3 Months Ended
Mar. 31, 2025
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 March 31, 2025.
Payments (in millions)
2019 Kincade Fire
$1,066 
2021 Dixie Fire1,447 
2022 Mosquito Fire39 
Total at March 31, 2025
$2,552 
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, 2024.
Loss Accrual (in millions)
Balance at December 31, 2024
$267 
Accrued Losses50 
Payments(108)
Balance at March 31, 2025
$209 
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, 2024.
Loss Accrual (in millions)
Balance at December 31, 2024
$567 
Accrued Losses— 
Payments(87)
Balance at March 31, 2025
$480 
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 2022 Mosquito fire since December 31, 2024.
Loss Accrual (in millions)
Balance at December 31, 2024
$82 
Accrued Losses— 
Payments(21)
Balance at March 31, 2025
$61 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of March 31, 2025 are:
Potential Recovery Source (in millions)2021 Dixie fire2022 Mosquito fire
Insurance$527 $96 
FERC TO rates
94 
WEMA
515 54 
Wildfire Fund
925 — 
Probable recoveries at March 31, 2025 (1)
$2,061 $157 
(1) Includes legal costs of $117 million and $50 million related to the 2021 Dixie fire and 2022 Mosquito fire, respectively, as of March 31, 2025.
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, 2024:
Insurance Receivable (in millions)2021 Dixie fire2022 Mosquito fireTotal
Balance at December 31, 2024
$27 $90 $117 
Accrued insurance recoveries
— 
Reimbursements
— — — 
Balance at March 31, 2025
$27 $95 $122 
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, 2024:
Wildfire Fund Receivable (in millions)2021 Dixie fire
Balance at December 31, 2024
$756 
Accrued Wildfire Fund recoveries— 
Claims paid by Wildfire Fund(181)
Balance at March 31, 2025
$575