PG&E is one of the nation's largest combination electric and gas utilities. The company has :
- 141,346 circuit miles of electric distriubtion lines and 18,610 circuit miles of interconnected transmission lines.
Pacific Gas and Electric Company and other utilities in the state are regulated by the California Public Utilities Commission. The CPUC was created by the state Legislature in 1911.
In 2014, the company had revenues of $17.0 billion, up from $15.5 billion, and net income of $1.43 billion.
“We made tremendous progress in 2014 as we worked together to provide our customers with energy that is safe, reliable, affordable and clean. In our gas business, we completed our system-wide cast iron pipe replacement program and became one of the first utilities ever to achieve two of the most respected safetyfocused asset management certifications in the world. In our electric business, we set a company record for electric reliability for the sixth straight year and more than 50 percent of our electricity was greenhouse-gasfree. We also achieved a balanced outcome in our General Rate Case under which our customers continue to have bills that are below the national average. I’m very pleased to report that customers recognized these efforts with 2014 satisfaction scores that were the highest since 2009,” PG&E Chairman and CEO Tony Earley said.
In 1852, the San Francisco Gas Company is founded by Peter and James Donahue. Over the next half-century, the company merges with rival energy pioneers and competitors to form new companies. Together, they would merge the San Francisco Gas and Electric Company and California Gas and Electric Corp. to form Pacific Gas and Electric Company in 1905.
The company went bankrupt in April, 2011 and was bailed out by the state of California.
Flex is PG&E Corporation's flexible benefits program allows employees to tailor their benefits to their lifestyles and needs. Employees receive a package of benefits that are paid by PG&E Corporation. They also receive a choice of flexible benefits, which they can purchase with the benefit dollars they receive - called FlexDollars - or through additional elective payroll deductions.
Benefits you can purchase with your FlexDollars:
Other Employer-Provided Benefits
Updated February 10, 2015