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WILDFIRE-RELATED CONTINGENCIES (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 2025.
Payments (in millions)
2019 Kincade Fire
$1,276 
2021 Dixie Fire1,852 
2022 Mosquito Fire81 
Total at September 30, 2025
$3,209 
The following table presents changes in the best estimate 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 Losses100 
Payments(318)
Balance at September 30, 2025
$49 
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 Losses200 
Payments(493)
Balance at September 30, 2025
$274 
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 Losses150 
Payments(63)
Balance at September 30, 2025
$169 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of September 30, 2025 are:
Potential Recovery Source (in millions)2021 Dixie fire2022 Mosquito fire
Insurance$523 $256 
FERC TO rates
96 7 
WEMA
530 54 
Wildfire Fund
1,125 — 
Probable recoveries at September 30, 2025 (1)
$2,274 $317 
(1) Includes legal costs of $143 million and $66 million related to the 2021 Dixie fire and 2022 Mosquito fire, respectively, as of September 30, 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
(5)166 161 
Reimbursements
— (56)(56)
Balance at September 30, 2025
$22 $200 $222 
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 recoveries200 
Claims paid by Wildfire Fund(440)
Balance at September 30, 2025
$516