PG&E has hit a “Goldilocks” growth zone—not too slow, not too fast—where steady demand from data centers could begin lowering customer bills by 2027. (Utility Dive)
With 10 GW of data center load now in its queue, PG&E expects steady, diversified demand will offset costs. Every 1 GW of additional load growth will decrease customer bills by 1% to 2%, CEO Patti Poppe said.
PG&E says it won’t need to issue new equity to fund its $63B five-year capital plan, even if California adopts pending legislation on wildfire costs or bill affordability.