OFO Moved to Stage 2

Wednesday, October 16, 2002

In accordance with Rule 14, Pacific Gas and Electric Company increased the OFO for gas day 5/27/00 from Stage 1 to Stage 2, with the corresponding increase in noncompliance charges from $0.25/Dth to $1.00/Dth. The decision to move to Stage 2 is due to a combination of the recent volatility of commodity prices, frequently approaching or exceeding $0.25/Dth, and the inventories for gas day May 27th forecasted to begin at 4,727 MMcf and end at 5,029 MMcf.

If you have any questions, please call your CGT Account Services Representative.

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