ADDED
These forward-looking statements relate to, among other matters, estimated liabilities; ratemaking and regulatory proceedings; capital expenditures; cost savings; load growth; customer rates; estimates and assumptions used in critical accounting estimates, including those relating to insurance receivables, regulatory assets and liabilities, environmental remediation, litigation, third-party claims, the Wildfire Fund, and other liabilities; and the level of future equity or debt issuances, and dividends.
For more information about the significant risks that could affect the outcome of the forward-looking statements and PG E Corporation s and the Utility s future financial condition, results of operations, liquidity, and cash flows, see Item 1A: Risk Factors and Item 7: Management s Discussion and Analysis of Financial Condition and Results of Operations in this Form 10-K.
PG E Corporation s and the Utility s operating revenues, income, and total assets for the most recently completed year can be found below in Item 8.
The Utility is adapting to severe and extreme climate-driven natural hazards.
As a result of actions already taken by PG E Corporation and the Utility, the companies have: Helped customers avoid emissions and manage energy costs through robust energy efficiency programs.
Implemented contracts for more than 4.9 GW of battery energy storage capacity, strengthening California s grid efficiency and reliability.
Helped enable the total number of electric vehicles operating in the Utility s service area to exceed 820,000.
Brought the total number of interconnected private solar customers to more than 950,000.
Continued to advance decarbonization initiatives for the Utility s natural gas delivery system, including meeting the CPUC-mandated methane emission reduction target ahead of schedule.
12 See Ratemaking Mechanisms below and Regulatory Matters in Item 7.
REMOVED
These forward-looking statements relate to, among other matters, estimated losses, including penalties and fines associated with various investigations and proceedings; forecasts of capital expenditures; forecasts of cost savings; estimates and assumptions used in critical accounting estimates, including those relating to insurance receivables, regulatory assets and liabilities, environmental remediation, litigation, third-party claims, the Wildfire Fund, and other liabilities; and the level of future equity or debt issuances.
For more information about the significant risks that could affect the outcome of the forward-looking statements and PG E Corporation s and the Utility s future financial condition, results of operations, liquidity, and cash flows, see Item 1A.
The information included in an electric incident report is limited and may not include important information about the facts and circumstances about the incident due to the limited scope of the reporting requirements and timing of the report and is necessarily limited to information to which the Utility has access at the time of the report.
Ignitions are also reportable under CPUC Decision 14-02-015 when they involve self-propagating fire of material other than electrical or communication facilities; the fire traveled greater than one linear meter from the ignition point; and the Utility has knowledge that the fire occurred.
PG E Corporation s and the Utility s operating revenues, income, and total assets can be found below in Item 8.
Each of PG E Corporation and the Utility is a separate entity.
Their focus is on making it enjoyable to work with and for PG E Corporation and the Utility.
This commitment extends beyond compliance with various state and federal environmental, health, and safety laws and regulations.
The Utility is committed to delivering a safe, reliable, sustainable, and climate-resilient energy system at the lowest possible cost in the face of increasingly severe and extreme climate-driven natural hazards.
PG E Corporation and the Utility are also committed to helping heal the planet.