PG&E Regulatory balancing accounts decreased by 20.2% to $5.03B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 14.1%, from $5.85B to $5.03B. Over 5 years (FY 2020 to FY 2025), Regulatory balancing accounts shows an upward trend with a 25.8% CAGR.
An increase indicates the company is owed future recovery from ratepayers, while a decrease suggests a liability to return funds.
These accounts represent the difference between authorized revenue requirements and actual costs incurred, which are sub...
Specific to regulated utilities; peer companies will have similar mechanisms based on their specific regulatory jurisdiction.
current_assets_regulatory_balancing_accounts_assets| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.76B | $2.91B | $3.00B | $3.17B | $3.87B | $3.04B | $3.26B | $3.39B | $5.38B | $4.95B | $5.66B | $6.44B | $6.70B | $7.15B | $7.23B | $5.85B | $5.66B | $4.83B | $6.30B | $5.03B |
| QoQ Change | — | +5.3% | +3.2% | +5.5% | +22.3% | -21.5% | +7.5% | +3.9% | +58.7% | -8.0% | +14.3% | +13.8% | +4.0% | +6.7% | +1.1% | -19.0% | -3.3% | -14.7% | +30.5% | -20.2% |
| YoY Change | — | — | — | — | +40.3% | +4.5% | +8.8% | +7.2% | +39.1% | +63.1% | +73.4% | +89.9% | +24.4% | +44.3% | +27.7% | -9.2% | -15.5% | -32.5% | -12.8% | -14.1% |