太平洋煤气电力 2024年度报告

FORM 10-K (Mark One) ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the Fiscal Year Ended December 31, 2024 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to ___________ 1-126091-2348 PACIFIC GAS AND ELECTRICCOMPANYCalifornia94-0742640 300 Lakeside Drive 300 Lakeside Drive Oakland,California94612 Oakland,California94612 (Address of principal executive offices) (ZipCode) (Address of principal executive offices) (Zip Code) 4157000 415973-1000 (Registrant’s telephone number, includingarea code) (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: none Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of theSecurities Act: PG&E Corporation:YesNoPacific Gas and Electric Company:YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section15(d) of the Act: PG&E Corporation: Pacific Gas and Electric Company: Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter periodthat the registrant was required to file such reports), and (2) has been subject to such filing requirementsfor the past 90 days. PG&E Corporation: Pacific Gas and Electric Company: Indicate by check mark whether the registrant has submitted electronically every Interactive Data Filerequired to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during thepreceding 12 months (or for such shorter period that the registrant was required to submit such files). PG&E Corporation:YesNoPacific Gas and Electric Company:YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company.See the definitions of“large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company”in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards providedpursuant to Section 13(a) of the Exchange Act. PG&E Corporation: Pacific Gas and Electric Company: Indicate by check mark whether the registrant has filed a report on and attestation to its management’sassessment ofthe effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes- Oxley Act (15 U.S.C.7262(b)) by the registered public accounting firm that prepared or issued its audit report. PG&E Corporation: Pacific Gas and Electric Company: If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether thefinancial statements of the registrant included in the filing reflect the correction of an error to previouslyissued financial statements. PG&E Corporation: Pacific Gas and Electric Company: Indicate by check mark whether any of those error corrections are restatements that required a recoveryanalysis of incentive-based compensation received by any of the registrant’s executive officers duringthe relevant recovery period pursuant to §240.10D-1(b). PG&E Corporation:Pacific Gas and Electric Company: Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of theExchange Act). PG&E Corporation: YesNoPacific Gas and Electric Company:YesNo Indicate by check mark whether the registrant has filed all documents and reports required to be filed bySection 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution ofsecurities under a plan confirmed by a court. PG&E Corporation:YesNoPacific Gas and Electric Company:YesNo Aggregate market value of voting and non-voting common equity held by non-affiliates of theregistrants as of June 30, 2024, the last business day of the most recently completed secondfiscal quarter: PG&E Corporation common stock$45,624 millionPacific Gas and Electric Company common stockWholly owned by PG&E Corporation Common Stock outstanding as of February 5, 2025: 2,671,320,389* PG&E Corporation:Pacific Gas and Electric Company:264,374,809 *Includes 477,743,590 shares of common stock held by Pacific Gas and Electric Company Portions of the documents listed below have been incorporated by reference into the indicated parts ofthis report, as specified in the responses to the item numbers involved: Designated portions of the Joint Proxy Statementrelating to the 2025 Annual Meetings of ShareholdersPart III (Items 10, 11, 12, 13 and 14) Contents UNITS OF MEASUREMENTGLOSSARYFORWARD-LOOKING STATEMENTS P