PG&E Electric — Regulatory balancing accounts decreased by 61.9% to $606.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 818.2%, from $66.00M to $606.00M. Over 3 years (FY 2021 to FY 2025), Electric — Regulatory balancing accounts shows a downward trend with a -25.8% CAGR.
A positive balance indicates an under-collection that the utility is owed, while a negative balance indicates an over-collection that must be returned to customers.
These accounts track the difference between authorized revenue requirements and actual revenues collected, or between au...
Standard in regulated utility accounting; peers use similar 'deferred regulatory asset/liability' mechanisms.
pcg_segment_electric_regulatory_balancing_accounts| 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 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $377.00M | -$449.00M | $539.00M | $921.00M | $477.00M | -$1.39B | $220.00M | $1.12B | $577.00M | -$1.05B | $1.68B | $9.00M | -$418.00M | -$1.31B | $66.00M | -$175.00M | -$1.09B | $1.59B | $606.00M |
| QoQ Change | — | -219.1% | +220.0% | +70.9% | -48.2% | -391.4% | +115.8% | +407.3% | -48.3% | -282.1% | +260.0% | -99.5% | <-999% | -214.1% | +105.0% | -365.2% | -524.6% | +245.6% | -61.9% |
| YoY Change | — | — | — | — | +26.5% | -209.6% | -59.2% | +21.2% | +21.0% | +24.4% | +664.5% | -99.2% | -172.4% | -24.9% | +633.3% | +58.1% | +16.8% | — | +818.2% |