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PG&E plans $73B in grid upgrades by 2030, backed by new laws and financial stability.
PG&E plans $73 billion in capital investments through 2030 to strengthen its grid, including 700 miles of underground lines and 500 miles of wildfire safety upgrades, amid rising climate risks and demand from data centers.
The move follows California’s passage of SB 254, which reduces PG&E’s wildfire fund contribution by 25% starting in 2029 and provides financial protections.
The utility expects stable or declining customer bills in 2027 and projects 9% annual rate base growth, signaling improved financial stability after bankruptcy.
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PG&E planea $73 mil millones en mejoras de la red para 2030, respaldado por nuevas leyes y estabilidad financiera.