Pacific Gas and Electric Co (PCG) Stock Forecasts

Summary

PG & E Corp., Pacific Gas and Electric Co, the owner of the investor is a holding company for a utility. Utility provides 5.5 million accounts in the Northern and Central California account and supply electricity to natural gas. Electricity is about 71% of 2023. The company’s customer base is the weight against accommodation and small business customers. In 2023, 43% of GWH sales were from residential customers, 37% were more of small commercial clients. About 80% of 2023 accumulated gas sales were from residential customers. PG & E is also a large operator of underground natural gas storage areas in California.

By the end of 2023, with a useful generation of fuel mixture, 15%, 15% of water electricity, 2% are a generation of fuel mixture, including 58% nucleus, 26 GWH. The purchased power is restored 35%. The company plans to connect the Diablo Canyon nuclear power plant by 2025 to 2025