Company: PCG-PB
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001004980-25-000132
Chunk: 109

Company: PG&E Corp
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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 an amount within the range is a better estimate than any other amount.  Key factors that inform the development of estimated costs include site feasibility studies and investigations, applicable remediation actions, operations and maintenance activities, post-remediation monitoring, and the cost of technologies that are expected to be approved to remediate the site.  Amounts recorded are not discounted to their present value.  The Utility’s environmental remediation liability is primarily included in Noncurrent liabilities on the Condensed Consolidated Balance Sheets and is comprised of the following: Balance at(in millions)June 30, 2025December 31, 2024Topock natural gas compressor station$339 $294 Hinkley natural gas compressor station97 97 Former MGP sites owned by the Utility or third parties (1)764 782 Utility-owned generation facilities (other than fossil fuel-fired), other facilities, and third-party disposal sites (2)74 76 Fossil fuel-fired generation facilities and sites (3)18 18 Total environmental remediation liability$1,292 $1,267 (1) Primarily driven by the following sites: San Francisco Beach Street, Napa, and San Francisco East Harbor.(2) Primarily driven by Geothermal Landfill and Shell Pond site.(3) Primarily driven by the San Francisco Potrero Power Plant.The Utility’s gas compressor stations, former MGP sites, power plant sites, gas gathering sites, and sites used by the Utility for the storage, recycling, and disposal of potentially hazardous substances are subject to requirements issued by the United States Environmental Protection Agency under the Federal Resource Conservation and Recovery Act in addition to other state laws relating to hazardous substances.  The Utility has a comprehensive program to comply with federal, state, and local laws and regulations related to hazardous materials, waste, remediation activities, and other environmental requirements.  The Utility assesses and monitors the environmental requirements on an ongoing basis and implements changes to its program as deemed appropriate.  The Utility’s remediation activities are overseen by the California Environmental Protection Agency, Department of Toxic Substances Control (“DTSC”), several California regional water quality control boards, and various other federal, state, and local agencies.The Utility’s environmental remediation liability as of June 30, 2025, reflects its best estimate of probable future costs for remediation based on the current assessment data and regulatory obligations.  Future costs will depend on many factors, including the extent of work necessary to implement final remediation plans, the