Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 114

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1
Chunk 114
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’s employees represent five generations, most of whom are Millennials (49%), Generation X (37%), and Boomers (10%).  Generational data refers to “Millennials” for individuals born between 1981 and 1996, “Generation X” between 1965 and 1980, and “Boomers” between 1946 and 1964.  

Electric Utility Operations

The Utility generates electricity and provides electric transmission and distribution services throughout its service area in northern and central California to residential, commercial, industrial, and agricultural customers.  The Utility provides electricity, transmission, and distribution services in its service area.  Customers also can obtain electricity from alternative providers such as municipalities or CCAs, as well as from self-generation resources, such as rooftop solar installations.  For more information, see “Competition” below.

Electricity Resources

The Utility is required to maintain adequate capacity to meet its customers’ demand for electricity (“load”), including peak demand and planning and operating reserves, deliverable to the locations and at times as may be necessary to provide reliable electric service.  The Utility is responsible for scheduling and bidding electric generation resources, including certain electricity procured from third parties into the wholesale market, to meet customer demand.

The following table shows the percentage of the Utility’s estimated total net deliveries of electricity to retail customers in 2024 represented by each major electric resource, and further discussed below.  The Utility’s deliveries were primarily from renewable energy resources that qualify under California’s RPS and other GHG-free resources (i.e., nuclear, and large hydroelectric generation).  California’s RPS requirements and SB 100 goal is to serve 100% of retail electricity sales with GHG-free resources by 2045.  For more information about California’s RPS requirements and clean energy goals, see further below and in the “Sustainability and Resiliency” section below.

26

The total estimated electricity generated, procured, and sold (net), for the year ended December 31, 2024 was 26,737 GWh (1) and comprised of the following:

Percent of customer retail sales (estimated procurement)CEC reporting methodology adjustment(2) Percent of customer retail sales (estimated Power Content Label) (2)Owned generation facilitiesRenewable (3)1 %— %1 %Nuclear (7)63 %— %63 %Large hydroelectric12 %— %12 %Fossil fuel-fired (4)23 %(