Pacific Gas and Electric is commonly known as PG&E was formed in 1905 by the merger of San Francisco Gas and Electric Company and the California Gas and Electric Corporation.
PG&E provides natural gas and electricity to the northern two-thirds of California. The company has 5.2 million electricity customers, including residential, commercial, and industrial customers. It supplies natural gas to to 4.3 million customers.
PG&E operates 141,000 circuit miles of distribution lines including 18,115 circuit miles of interconnected transmission lines, 42,559 miles of distribution pipelines, and 66,000 miles of local transmission pipelines.
The company also operates generation facilities with energy sources such as nuclear, hydroelectric, fossil fuels, and photovoltaic.
Pacific Gas and Electric is publicly traded on the New York Stock Exchange under the symbol PCG, is a member of the S&P 500, has 23,00000 employees, and had $17.14 billion in revenue in 2017.
California suffered from terrible wildfires in 2017 and 2018 which involved numerous deaths and destruction. PG&E powerlines were determined to have been the cause of these fires after high winds either caused the lines to fall or tree branches to strike the lines, causing them to catch fire. After originally denying that company equipment could have been to blame, PG&E later admitted that they had failed to cut trees in high-risk areas, thus causing at least two major wildfires.
PG&E filed for bankruptcy in January 2019.
When high winds were expected in October 2019, the company’s response was to simply turn off the power to millions of people in California. There was chaos for a time since the company’s website became overloaded and no detailed information was being given by PG&E.
This shutoff caused the governor of California and the citizens to demand action. PG&E’s response was that they might continue to turn off the power during times of high winds for up to 10 years.
California officials are considering a takeover of PG&E to avoid future blackouts and wildfires.
Company headquarters for Pacific Gas and Electric are located in San Francisco, California. 
Pacific Gas and Electric is commonly known as PG&E was formed in 1905 by the merger of San Francisco Gas and Electric Company and the California Gas and Electric Corporation.
PG&E provides natural gas and electricity to the northern two-thirds of California. The company has 5.2 million electricity customers, including residential, commercial, and industrial customers. It supplies natural gas to to 4.3 million customers.
History
PG&E operates 141,000 circuit miles of distribution lines including 18,115 circuit miles of interconnected transmission lines, 42,559 miles of distribution pipelines, and 66,000 miles of local transmission pipelines.
The company also operates generation facilities with energy sources such as nuclear, hydroelectric, fossil fuels, and photovoltaic.
Pacific Gas and Electric is publicly traded on the New York Stock Exchange under the symbol PCG, is a member of the S&P 500, has 23,00000 employees, and had $17.14 billion in revenue in 2017.
California suffered from terrible wildfires in 2017 and 2018 which involved numerous deaths and destruction. PG&E powerlines were determined to have been the cause of these fires after high winds either caused the lines to fall or tree branches to strike the lines, causing them to catch fire. After originally denying that company equipment could have been to blame, PG&E later admitted that they had failed to cut trees in high-risk areas, thus causing at least two major wildfires.
PG&E filed for bankruptcy in January 2019.
When high winds were expected in October 2019, the company’s response was to simply turn off the power to millions of people in California. There was chaos for a time since the company’s website became overloaded and no detailed information was being given by PG&E.
This shutoff caused the governor of California and the citizens to demand action. PG&E’s response was that they might continue to turn off the power during times of high winds for up to 10 years.
California officials are considering a takeover of PG&E to avoid future blackouts and wildfires.
Company headquarters for Pacific Gas and Electric are located in San Francisco, California.
