Pacific Gas and Electric Company (PG&E) has secured a record $15 billion federal loan from the U.S. Energy Department aimed at bolstering its infrastructure projects. PG&E claims that this significant funding will ultimately save customers up to $1 billion by enhancing safety and reliability across its services. PG&E CEO Patricia Poppe emphasized that the investment is crucial for improving the utility's operations and ensuring a more resilient energy grid. However, advocacy groups have raised alarms about the potential for higher utility bills as the company begins to repay the loan. Critics such as Ken Cook and David Weisman argue that the financial burden of the repayment could strain ratepayers, leading to increased costs for consumers. This loan marks the largest in the history of the Department of Energy and was disclosed on December 17, 2024. The implications of this funding on consumer bills and the overall economy are still unfolding, as stakeholders continue to debate the balance between necessary infrastructure improvements and the financial impact on customers. The outcome of this situation could significantly affect California residents who rely on PG&E for their energy needs.