A proposed decision on the California Public Utilities Commission's 29 October agenda would let PG&E collect up to $456 million in interim rate recovery in its 2027 general rate case, ahead of the final decision.

On its third-quarter earnings call, PG&E's chief executive said the company's below-investment-grade credit rating "will cost our customers an incremental $4 billion in interest expense over the life of that financing."

Sources: CPUC voting meeting agenda (2026-10-29); PG&E third-quarter earnings call (2026-10-22)