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U.S. electric utilities are pushing for more hikes, as rising demand from data centers, manufacturers and other industries such as transportation has put tremendous pressure on grids.
The company said it added nearly 14,000 new customers in 2024 to its electric grid system.
"In 2024, we connected more new customers to our grid than we have in decades," PG&E Corporation CEO Patti Poppe said.
As of February, the company saw a two gigawatt (GW) increase in its data center pipeline from July last year.
PG&E is the parent company of Pacific Gas and Electric Company, an energy company that serves 16 million Californians across a 70,000-square-mile service area in Northern and Central California.