• Pacific Gas & Electric average gross margin for 2023 was 78.91%, a 0.62% increase from 2022.
• Pacific Gas & Electric average gross margin for 2022 was 78.42%, a 0.7% increase from 2021.
• Pacific Gas & Electric average gross margin for 2021 was 78.97%, a 0.34% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.