PG&E needs wildfire policy reform to manage tail risk, CEO says
California utility leadership warns that legislative inaction threatens credit ratings and elevates consumer costs

Pacific Gas and Electric requires legislative updates regarding wildfire policy to effectively mitigate extreme liability risks, according to chief executive Patti Poppe. The utility's leadership warned that its credit rating remains a critical vulnerability that demands urgent resolution. Failure by lawmakers to act will lead to escalating costs for energy consumers.
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This summary was written by the GPU Data Hub desk from reporting published by Utility Dive on 23 Oct 2026, 14:43. Read the full article at the original publisher.
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