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WILDFIRE-RELATED CONTINGENCIES (Tables)
12 Months Ended
Dec. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
Summary of Wildfire-Related Claims
The following table presents the cumulative charges PG&E Corporation and the Utility have paid through December 31, 2023.
Payments (in millions)
2019 Kincade Fire
$667 
2020 Zogg Fire390 
2021 Dixie Fire731 
2022 Mosquito Fire15 
Total at December 31, 2023
$1,803 
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, 2022.
Loss Accrual (in millions)
Balance at December 31, 2022
$650 
Accrued Losses100 
Payments
(292)
Balance at December 31, 2023
$458 
The following table presents changes in the best estimate 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, 2022.
Loss Accrual (in millions)
Balance at December 31, 2022
$32 
Accrued Losses— 
Payments(22)
Balance at December 31, 2023
$10 
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, 2022.
Loss Accrual (in millions)
Balance at December 31, 2022
$1,131 
Accrued Losses425 
Payments(686)
Balance at December 31, 2023
$870 
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 2022 Mosquito fire since December 31, 2022.
Loss Accrual (in millions)
Balance at December 31, 2022
$99 
Accrued Losses— 
Payments(14)
Balance at December 31, 2023
$85 
Total probable recoveries for the 2021 Dixie fire and the 2022 Mosquito fire as of December 31, 2023 are:
Potential Recovery Source (in millions)2022 Mosquito fire2021 Dixie fire
Insurance$63 $526 
FERC TO rates
91 
WEMA
52 470 
Wildfire Fund— 600 
Probable recoveries at December 31, 2023 (1)
$123 $1,687 
(1) Includes legal costs of $23 million and $82 million related to the 2022 Mosquito fire and 2021 Dixie fire, respectively, as of December 31, 2023.
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 fire2021 Dixie fire2020 Zogg fire2019 Kincade fireTotal
Balance at December 31, 2022
$45 $530 $118 $101 $794 
Accrued insurance recoveries (1)
18 (4)— 18 
Reimbursements
— (200)(75)(101)(376)
Balance at December 31, 2023
$63 $326 $47 $ $436 
(1) For the year ended December 31, 2023, the accrued insurance recoveries decreased for the 2021 Dixie fire with a corresponding increase to the 2020 Zogg fire for $4 million.