PG&E Rate Hikes Have Overwhelmed California Residents and Small Businesses.

  • PG&E’s residential rates have more than doubled since 2006, and nearly tripled for low-income customers, according to The Utility Reform Network (TURN). 

PG&E Has Wasted Ratepayer Money On Self-Serving Spending, Not Safety.

  • Days after PG&E executives told a bankruptcy judge in 2020 that it was “not financially sustainable” to employ 5,500 tree trimmers to reduce vegetation-triggered wildfire risk, they authorized giving  themselves $188 million in bonuses.  
  • In 2021, PG&E’s Patti Poppe garnered $51.2 million in compensation garnered making her the highest paid CEO of any for-profit utility in the United States.  The same year, the ratepayer-funded utility lost more than $88 million in net income.
  • In 2022, the company provided dividends to a limited group of its preferred shareholders–its most influential investors–well in excess of the average yield in the utility industry. 

PG&E Has Failed to Deliver on Promises of Safety. 

  • In 2021, CEO Patti Poppe accelerated PG&E’s  headline-grabbing announcement of a plan for undergrounding 10,000 miles of electric transmission and distribution lines because it “couldn’t wait,” in her words.  Two and one-half years later, the company will have accomplished only 6% of its goal.  
  • The company has already reduced its three-year goal of undergrounding 3,600 miles of distribution and transmission lines, now proposing to bury 2,275 miles over the next three years.  It has buried only about 600 miles so far. 
  • More than a decade after the cracking of PG&E’s defective plastic piping caused an explosion at a Cupertino apartment complex, the company has replaced only 21% of its 6,200-mile system of Aldyl-A pipes, which the company admits will crack over time. 
  • Pacific Gas & Electric “fell 10 years behind” on wildfire safety compared to a sibling for-profit utility, San Diego Gas & Electric, by cutting corners on basic safety practices.  In contrast, SDG&E responded to wildfire risk by implementing a comprehensive fire-safety plan as early as 2007.