Current Liabilities

Regulatory balancing accounts

PG&E Regulatory balancing accounts decreased by 48.8% to $1.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 38.0%, from $2.58B to $1.60B. Over 5 years (FY 2020 to FY 2025), Regulatory balancing accounts shows an upward trend with a 20.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

Increases indicate an obligation to return funds to customers or offset future rate increases.

Detailed definition

These are liabilities arising from regulatory mechanisms where the utility has collected more or less from customers tha...

Peer comparison

Specific to regulated utilities with cost-recovery mechanisms.

Metric ID: current_liabilities_regulatory_balancing_accounts_liabilities

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.07B$1.14B$1.12B$1.68B$1.59B$1.72B$1.66B$1.45B$1.32B$1.57B$1.67B$2.16B$2.15B$2.67B$3.17B$2.58B$2.52B$2.56B$3.12B$1.60B
QoQ Change+6.7%-1.6%+49.5%-4.9%+7.8%-3.5%-12.4%-9.3%+19.4%+6.1%+29.5%-0.5%+24.1%+18.7%-18.7%-2.3%+1.8%+21.8%-48.8%
YoY Change+49.4%+50.8%+47.9%-13.4%-17.4%-8.4%+0.7%+48.8%+63.3%+69.7%+89.9%+19.2%+17.0%-4.1%-1.6%-38.0%
Range$1.07B$3.17B
CAGR+8.8%
Avg YoY Growth+23.4%
Median YoY Growth+18.1%

Frequently Asked Questions

What is PG&E's regulatory balancing accounts?
PG&E (PCG) reported regulatory balancing accounts of $1.60B in Q1 2026.
How has PG&E's regulatory balancing accounts changed year-over-year?
PG&E's regulatory balancing accounts decreased by 38.0% year-over-year, from $2.58B to $1.60B.
What is the long-term trend for PG&E's regulatory balancing accounts?
Over 5 years (2020 to 2025), PG&E's regulatory balancing accounts has grown at a 20.2% compound annual growth rate (CAGR), from $1.25B to $3.12B.
What does regulatory balancing accounts mean?
Short-term liabilities representing differences between authorized utility rates and actual costs.