Pacific Gas and Electric Company Makes $259 Million in Franchise Fee, Property Tax Payments to California Cities, Counties

Release Date: April 20, 2011
Contact: PG&E External Communications (415) 973-5930

SAN FRANCISCO, Calif. – Pacific Gas and Electric Company (PG&E) announced it has made franchise fees and property tax payments totaling almost $259 million to the 49 counties and 244 cities in which it operates. The last payments were made by Friday, April 15.

The 2010 franchise fee payments total more than $118 million and represent nearly $28 million for gas and more than $90 million for electric service.

A franchise fee is a percentage of gross receipts that PG&E pays cities and counties for the right to use public streets to run gas and electric service.

The property tax payments total more than $140 million, representing full and timely payment of property taxes due for the period from January 1 to June 30, 2011. The company's tax payments to counties for tax year 2010/11 increased by almost $29 million over the previous property tax year's payments as a result of an increase in assessments due to PG&E's infrastructure investments and an overall increase in tax rates.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation's cleanest energy to 15 million people in Northern and Central California. For more information, visit http://www.pge.com/about/newsroom/.

A full listing of county-by-county property tax payments is included below.

Pacific Gas and Electric Company Property Tax Payments,

Tax Year 2010/11, 2nd Installment.

County	Amount $
ALAMEDA	14,328,734
ALPINE	52,389
AMADOR	819,132
BUTTE	2,617,655
CALAVERAS	562,179
COLUSA	1,620,928
CONTRA COSTA	12,453,098
EL DORADO	1,054,507
FRESNO	10,547,337
GLENN	517,785
HUMBOLDT	1,491,984
KERN	4,552,499
KINGS	795,882
LAKE	532,281
LASSEN	41,317
MADERA	1,220,470
MARIN	1,937,436
MARIPOSA	264,995
MENDOCINO	926,923
MERCED	1,831,959
MODOC	214,011
MONTEREY	2,244,902
NAPA	1,372,106
NEVADA	859,345
PLACER	3,159,734
PLUMAS	1,829,049
SACRAMENTO	2,708,375
SAN BENITO	449,703
SAN BERNARDINO	620,343
SAN FRANCISCO	8,593,583
SAN JOAQUIN	6,192,097
SAN LUIS OBISPO	13,112,814
SAN MATEO	6,629,646
SANTA BARBARA	684,621
SANTA CLARA	15,278,718
SANTA CRUZ	1,121,266
SHASTA	3,744,287
SEIRRA	61,552
SISKIYOU	110,040
SOLANO	3,519,269
SONOMA	3,952,088
STANISLAUS	1,005,425
SUTTER	761,117
TEHAMA	880,740
TRINITY	90,611
TULARE	350,211
TUOLUMNE	532,372
YOLO	1,385,917
YUBA	1,053,579
Total 2nd Installment Tax Payment	$140,687,013