Description
PG&E: 18,500 Sensors Later—How Its New Monitoring Network Is Rewriting Reliability!
Pacific Gas and Electric Corporation (PG&E) recently reported its third-quarter earnings for 2025 with detailed insights into the company’s performance, strategic initiatives, and future outlook. The company’s core earnings per share (EPS) stood at $0.50 for the third quarter and $1.14 for the first nine months. PG&E has narrowed its full-year EPS guidance to a range between $1.49 to $1.51, emphasizing an upward trend from 2024. On the positive side, PG&E continues to demonstrate a strategic approach to growth and risk mitigation. Its management reaffirmed a five-year capital investment plan of $73 billion through 2030, supporting an average annual rate base growth of about 9%. Notably, PG&E expects this to translate into annual EPS growth of at least 9% from 2026 to 2030. Significant strides in wildfire risk reduction have also been made, with ignitions decreasing over 35% year-over-year, the lowest since 2015.


