Pacific Gas and Electric Company
Pacific Gas and Electric Company
The Pacific Gas and Electric Company (PG&E) is an investor-owned electric utility (IOU) with publicly traded stock[3] that is headquartered in the Pacific Gas & Electric Building in San Francisco. PG&E provides natural gas and electricity to most of the northern two-thirds of California, from Bakersfield almost to the Oregon border which represents 5.2 million households.[4]:27[5] PG&E is overseen by the California Public Utilities Commission. It is the leading subsidiary of the holding
company PG&E Corporation which has a market capitalization of $29.37 billion.[6] It was founded by George H. Roe during the period after California's Gold Rush[7] and by 1984 was the United States "largest electric utility business".[8] In 1952 Charles M. Coleman—who worked for PG&E's publicity department[9]—completed his book entitled P. G. And E. of California: The Centennial Story of Pacific Gas and Electric Company, 1852–1952.[10] PG&E is one of three regulated, investor-owned utilities (IOU)s in California—the other two being Southern California Edison and Sempra Energy's San Diego Gas & Electric.[11]
company PG&E Corporation which has a market capitalization of $29.37 billion.[6] It was founded by George H. Roe during the period after California's Gold Rush[7] and by 1984 was the United States "largest electric utility business".[8] In 1952 Charles M. Coleman—who worked for PG&E's publicity department[9]—completed his book entitled P. G. And E. of California: The Centennial Story of Pacific Gas and Electric Company, 1852–1952.[10] PG&E is one of three regulated, investor-owned utilities (IOU)s in California—the other two being Southern California Edison and Sempra Energy's San Diego Gas & Electric.[11]
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