Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 119

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1
Chunk 119
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venues (in millions):    Residential$7,504 $6,041 $6,130    Commercial7,201 5,643 5,416    Industrial2,065 1,784 1,626    Agricultural1,815 1,413 1,830    Public street and highway lighting103 83 77    Other, net (2)(47)136 (247)      Subtotal18,641 15,100 14,832 Regulatory balancing accounts (3)(830)2,324 228 Total operating revenues$17,811 $17,424 $15,060 Selected Statistics:Average annual residential usage (kWh)5,261 5,217 5,564 Average billed revenues per kWh: Residential$0.2888 $0.2356 $0.2253 Commercial0.2528 0.2007 0.1896 Industrial0.1475 0.1294 0.1177 Agricultural0.3597 0.2984 0.2435 Net plant investment per customer$11,460 $10,720 $9,967 

(1) These amounts include electricity provided by DA providers and CCAs that procure their own supplies of electricity for their respective customers.

(2) This activity is primarily related to the change in unbilled revenue and amounts subject to refund, partially offset by other miscellaneous revenue items.

(3) These amounts represent revenues authorized to be billed.

Natural Gas Utility Operations 

The Utility provides natural gas transportation services to “core” customers (i.e., small commercial and residential customers) and to “non-core” customers (i.e., industrial, large commercial, and natural gas-fired electric generation facilities) that are connected to the Utility’s gas system in its service area.  Core customers can purchase natural gas procurement service (i.e., natural gas supply) from either the Utility or non-utility third-party gas procurement service providers (referred to as “core transport agents”).  When core customers purchase gas supply from a core transport agent, the Utility continues to provide gas delivery, metering, and billing services to customers.  When the Utility provides both transportation and procurement services, the Utility refers to the combined service as “bundled” natural gas service.  More than 97% of core customers, representing approximately 85% of