v3.26.3
WILDFIRE-RELATED CONTINGENCIES (Tables)
9 Months Ended
Sep. 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 September 30, 2026.
Payments (in millions)
2021 Dixie Fire$2,199 
2022 Mosquito Fire355 
Total at September 30, 2026
$2,554 
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(291)
Balance at September 30, 2026
$52 
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 Losses125 
Payments(248)
Balance at September 30, 2026
$120 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of September 30, 2026 are:
Potential Recovery Source (in millions)2021 Dixie fire2022 Mosquito fire
Insurance$521 $496 
FERC TO rates
98 6 
WEMA
544 54 
Wildfire Fund
1,250 — 
Probable recoveries at September 30, 2026 (1)
$2,413 $556 
(1) Includes legal costs of $158 million and $81 million related to the 2021 Dixie fire and 2022 Mosquito fire, respectively, as of September 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
133 
Reimbursements
(287)
Balance at September 30, 2026
$127 
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(195)
Balance at September 30, 2026
$204