WILDFIRE-RELATED CONTINGENCIES (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Summary of Wildfire-Related Claims

The following table presents changes in the lower end of the range of PG&E Corporation’s and the Utility’s reasonably estimable range of losses for claims arising from the 2019 Kincade fire since December 31, 2021.

Loss Accrual (in millions)
Balance at December 31, 2021	$	769
Accrued Losses	225
Payments	(344)
Balance at December 31, 2022	$	650

The following table presents changes in the lower end of the range of PG&E Corporation’s and the Utility’s reasonably estimable range of losses for claims arising from the 2020 Zogg fire since December 31, 2021.

Loss Accrual (in millions)
Balance at December 31, 2021	$	211
Accrued Losses	25
Payments	(204)
Balance at December 31, 2022	$	32

The following table presents changes in the lower end of the range of PG&E Corporation’s and the Utility’s reasonably estimable range of losses for claims arising from the 2021 Dixie fire since December 31, 2021.

Loss Accrual (in millions)
Balance at December 31, 2021	$	1,150
Accrued Losses	25
Payments	(44)
Balance at December 31, 2022	$	1,131

Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of December 31, 2022 are:

Potential Recovery Source (in millions)	2022 Mosquito fire		2021 Dixie fire
Insurance	$	45	$	530
FERC TO rates	10		115
WEMA	50		388
Wildfire Fund	—		175
Probable recoveries at December 31, 2022	$	105	$	1,208

The balances for insurance receivables with respect to wildfires are included in Other accounts receivable in PG&E Corporation’s and the Utility’s Consolidated Balance Sheets:

Insurance Receivable (in millions)	2022 Mosquito fire		2021 Dixie fire		2020 Zogg fire		2019 Kincade fire		Total
Balance at December 31, 2021	$	—	$	563	$	270	$	414	$	1,247
Accrued insurance recoveries (1)	45		(33)		33		—		45
Reimbursements	—		—		(185)		(313)		(498)
Balance at December 31, 2022	$	45	$	530	$	118	$	101	$	794

(1) For the year ended December 31, 2022, the accrued insurance recoveries decreased for the 2021 Dixie fire with a corresponding increase to the 2020 Zogg fire for $33 million.