PG&E Planning $73 Billion in Capital Spending From 2026-2030

MT Newswires Live

2025/09/30

PG&E (PCG) said in an investor presentation Monday that it plans to invest $73 billion in capital expenditures from 2026 to 2030.

The spending will be for transmission upgrades to meet energy demand driven by data centers, Reuters reported.

The utility also said in the presentation that it expects a roughly 9% average annual rate base growth from 2026 to 2030, and customer bills to be flat to down in 2027.

Price: 15.03, Change: +0.05, Percent Change: +0.37

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