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PG&E Supports Local Communities as it Pays More Than $230 Million in Property Taxes to 50 California Counties

Release Date: December 11, 2017
Contact: PG&E External Communications (415) 973-5930

SAN FRANCISCO, Calif.—Pacific Gas and Electric Company (PG&E) paid property taxes of more than $230 million this fall to the 50 counties where the energy company owns property and operates gas and electric infrastructure that serves 16 million Californians. The tax payments help support essential public services like education and public safety.

The semi-annual property tax payments made today cover the period from July 1 to December 31, 2017.

Total payments for the full tax year of July 1, 2017 to June 30, 2018 are estimated to total more than $461 million—an increase of $50 million, or 12 percent, compared with the prior fiscal year.

"Property tax payments provide crucial resources to the many communities where we live and work, supporting everything from education to public safety. By continuing to make local investments in gas and electric infrastructure, we are not only creating one of the safest and most reliable energy systems in the country, we’re investing in the local economy and helping our communities thrive," said Jason Wells, senior vice president and chief financial officer for PG&E.

PG&E invested more than $5.7 billion last year and expects to invest $5.9 billion this year to enhance and upgrade its gas and electrical infrastructure across Northern and Central California. Some recent investments include the construction of PG&E’s $75 million Gas Safety Academy in Winters in Yolo County, which opened in September. Last year, PG&E opened a $36 million, state-of-the-art electric distribution control center in Rocklin.

PG&E supports the communities it serves in a variety of ways. In 2016, PG&E provided more than $28 million in charitable contributions to enrich local educational opportunities, preserve the environment, and support economic vitality and emergency preparedness and safety. PG&E employees provide thousands of hours of volunteer service in their local communities. The company also offers a broad spectrum of economic development services to help local businesses grow.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation's cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit pge.com and pge.com/news.

PG&E’s Fiscal Year 2017/2018 First Installment of Property Taxes

ALAMEDA $23,910,294
ALPINE $70,240
AMADOR $1,078,087
BUTTE $3,900,167
CALAVERAS $993,921
COLUSA $4,305,964
CONTRA COSTA $18,704,718
EL DORADO $1,541,364
FRESNO $16,820,124
GLENN $782,234
HUMBOLDT $3,432,207
KERN $7,696,500
KINGS $1,666,050
LAKE $862,779
LASSEN $39,448
MADERA $2,286,005
MARIN $3,661,099
MARIPOSA $269,255
MENDOCINO $1,632,858
MERCED $3,411,694
MODOC $227,973
MONTEREY $3,607,815
NAPA $2,827,874
NEVADA $1,218,797
PLACER $5,456,991
PLUMAS $2,339,038
SACRAMENTO $6,258,136
SAN BENITO $680,494
SAN BERNARDINO $1,205,841
SAN DIEGO $7,665
SAN FRANCISCO $14,353,617
SAN JOAQUIN $11,260,063
SAN LUIS OBISPO $14,910,000
SAN MATEO $12,520,118
SANTA BARBARA $1,108,093
SANTA CLARA $26,041,456
SANTA CRUZ $1,715,627
SHASTA $5,143,166
SIERRA $125,892
SISKIYOU $110,193
SOLANO $5,905,000
SONOMA $7,156,279
STANISLAUS $2,124,403
SUTTER $1,346,278
TEHAMA $1,140,366
TRINITY $135,508
TULARE $596,150
TUOLUMNE $869,671
YOLO $2,295,755
YUBA $1,163,001
TOTAL $230,916,267

 

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