v3.26.1
WILDFIRE-RELATED CONTINGENCIES (Tables)
6 Months Ended
Jun. 30, 2026
Commitments and Contingencies Disclosure [Abstract]  
Summary of Wildfire-Related Claims
The following table presents the cumulative amounts PG&E Corporation and the Utility have paid through June 30, 2026.
Payments (in millions)
2021 Dixie Fire$2,049 
2022 Mosquito Fire295 
Total at June 30, 2026
$2,344 
The following table presents changes in PG&E Corporation’s and the Utility’s reasonably estimable losses, net of payments, for claims arising from the 2021 Dixie fire since December 31, 2025.
Loss Accrual (in millions)
Balance at December 31, 2025
$243 
Accrued Losses100 
Payments(141)
Balance at June 30, 2026
$202 
The following table presents changes in PG&E Corporation’s and the Utility’s reasonably estimable losses, net of payments, for claims arising from the 2022 Mosquito fire since December 31, 2025.
Loss Accrual (in millions)
Balance at December 31, 2025
$243 
Accrued Losses50 
Payments(188)
Balance at June 30, 2026
$105 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of June 30, 2026 are:
Potential Recovery Source (in millions)2021 Dixie fire2022 Mosquito fire
Insurance$521 $418 
FERC TO rates
97 
WEMA
541 54 
Wildfire Fund
1,250 — 
Probable recoveries at June 30, 2026 (1)
$2,409 $478 
(1) Includes legal costs of $154 million and $78 million related to the 2021 Dixie fire and 2022 Mosquito fire, respectively, as of June 30, 2026.
The following table presents changes in accrued insurance recoveries, net of reimbursements received, for the 2022 Mosquito fire since December 31, 2025:
Insurance Receivable (in millions)2022 Mosquito fire
Balance at December 31, 2025
$281 
Accrued insurance recoveries
55 
Reimbursements
(176)
Balance at June 30, 2026
$160 
The following table presents changes in accrued Wildfire Fund recoveries, net of claim payments received from the Wildfire Fund, for the 2021 Dixie fire since December 31, 2025:
Wildfire Fund Receivable (in millions)2021 Dixie fire
Balance at December 31, 2025
$299 
Accrued Wildfire Fund recoveries100 
Claims paid by Wildfire Fund(155)
Balance at June 30, 2026
$244