Non-Current Liabilities
Regulatory liabilities
PG&E Regulatory liabilities increased by 0.4% to $20.27B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $19.64B to $20.27B. Over 5 years (FY 2020 to FY 2025), Regulatory liabilities shows an upward trend with a 14.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2024
How to read this metric
An increase typically reflects regulatory decisions to pass cost savings or over-collections back to customers, potentially impacting future revenue recognition.
Detailed definition
These are obligations recognized by regulated utilities to refund or credit ratepayers in future periods, often resultin...
Peer comparison
Common in rate-regulated utility sectors; peers will show similar line items based on state-specific regulatory frameworks.
Metric ID:
utility_regulatory_liabilitiesHistorical Data
20 periods
| 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 | $11.22B | $11.66B | $12.00B | $11.56B | $16.95B | $16.92B | $17.63B | $18.12B | $18.52B | $18.88B | $19.44B | $19.67B | $19.90B | $20.39B | $19.42B | $19.64B | $19.87B | $20.06B | $20.19B | $20.27B |
| QoQ Change | — | +3.9% | +2.9% | -3.6% | +46.6% | -0.1% | +4.2% | +2.8% | +2.2% | +2.0% | +3.0% | +1.1% | +1.2% | +2.5% | -4.8% | +1.1% | +1.2% | +1.0% | +0.6% | +0.4% |
| YoY Change | — | — | — | — | +51.1% | +45.1% | +46.9% | +56.7% | +9.3% | +11.6% | +10.3% | +8.5% | +7.5% | +8.0% | -0.1% | -0.2% | -0.1% | -1.6% | +4.0% | +3.2% |
Range$11.22B – $20.39B
CAGR+13.3%
Avg YoY Growth+16.3%
Median YoY Growth+8.3%
Current Streak5 quarters growth
Regulatory liabilities at Other Companies
Frequently Asked Questions
- What is PG&E's regulatory liabilities?
- PG&E (PCG) reported regulatory liabilities of $20.27B in Q1 2026.
- How has PG&E's regulatory liabilities changed year-over-year?
- PG&E's regulatory liabilities increased by 3.2% year-over-year, from $19.64B to $20.27B.
- What is the long-term trend for PG&E's regulatory liabilities?
- Over 5 years (2020 to 2025), PG&E's regulatory liabilities has grown at a 14.1% compound annual growth rate (CAGR), from $10.42B to $20.19B.
- What does regulatory liabilities mean?
- Future obligations to return funds or provide credits to utility customers as mandated by regulatory authorities.