PG&E Q2 2026 Earnings Highlights on Legislation Outcomes and Capital Pivot Timing
PG&E management framed the goal as securing a durable, financeable wildfire-liability framework that attracts capital while remaining affordable for customers. They warned of a capital-pivot if lawmakers fail to deliver, but offered no precise timeline, stressing any shift would align with the existing GRC framework. They emphasized affordability and low-cost capital as central, and noted that reforms across tort and insurance remain on the table.
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