Pacific Gas & Electric Company
Unclaimed Property

Pacific Gas & Electric Company currently holds $53.3 million in unclaimed property spread across 458,131 individual records in California. As one of the nation's largest utility companies, PG&E commonly holds unclaimed funds from security deposits, final bill credits, overpayments, and refunds from customers who moved without providing forwarding addresses or closed accounts with remaining balances.

Pacific Gas & Electric Company is California's largest utility provider, serving electricity to most of Northern and Central California and natural gas throughout most of the state. The most common types of unclaimed property from PG&E include security deposits from customers who established service, final account credits when service was disconnected, refunds from overpayments or billing adjustments, and uncashed refund checks.

Many PG&E customers lose track of money when they move residences and fail to update their address with the utility company, or when automatic payment arrangements end but leave credit balances on accounts. The highest concentrations of unclaimed PG&E funds are found in San Francisco, San Jose, and Sacramento - reflecting both the company's headquarters location in San Francisco and the dense population centers within their service territory.

Given PG&E's long history dating back to 1905 and various corporate restructuring events including bankruptcy proceedings, some customers may not recognize older account records or may have lost track of deposits paid years earlier.

The average claim from Pacific Gas & Electric Company is $117.