PG&E Making $157 Million In Property Tax Payments To 49 California Counties

 PG&E Making $157 Million In Property Tax Payments To 49 California Counties

PR Newswire

SAN FRANCISCO, Dec. 11, 2012

SAN FRANCISCO, Dec. 11, 2012 /PRNewswire/ -- Pacific Gas and Electric Company
(PG&E) announced today it is making property tax payments totaling over $157
million to the 49 counties in which it operates.

This amount, being paid this week, is the first of two annual installments and
represents full and timely payment of property taxes due for the period from
July 1, 2012 to Dec. 31, 2012.

"Local governments are facing financial challenges and must address public
safety, environmental protection, health care, education and other needs with
limited resources," said Mark Caron, PG&E's vice president of tax. "PG&E's
timely and substantial payments to local governments for property taxes and
other fees help them address those vital community services."

The company's tax payments to counties for tax year 2012/13 increased by more
than $18 million over the previous property tax year's payments as a result of
an increase in assessments due to PG&E's infrastructure investments. This
includes upgrades to improve electric and gas safety, reliability and
capacity, as well as energy-generating-station development.

A full listing of county-by-county payments is included below:

PACIFIC GAS AND ELECTRIC COMPANY
2012 - 2013 PROPERTY TAXES
1ST INSTALLMENT PAYMENTS
COUNTY                                 1ST INSTALLMENT
ALAMEDA         15,618,468.00
ALPINE                                 53,391.56
AMADOR                            854,579.45
BUTTE                                  2,878,157.43
CALAVERAS                              631,471.35
COLUSA                                 4,376,302.10
CONTRA COSTA              13,246,456.61
EL DORADO          1,178,317.07
FRESNO       11,463,026.85
GLENN                                  567,044.49
HUMBOLDT          1,951,266.58
KERN     5,212,099.78
KINGS     909,575.76
LAKE                                   592,082.00
LASSEN                                 29,179.76
MADERA       1,594,541.09
MARIN    2,231,051.02
MARIPOSA                               253,253.00
MENDOCINO                              1,088,062.99
MERCED        2,220,409.46
MODOC                                  221,290.65
MONTEREY                               2,480,728.26
NAPA                                   1,537,259.10
NEVADA                                 880,852.17
PLACER                                 3,493,703.92
PLUMAS 1,876,985.38
SACRAMENTO            3,167,680.26
SAN BENITO                             489,136.84
SAN BERNARDINO                         675,500.08
SAN FRANCISCO               9,504,579.86
SAN JOAQUIN              7,185,720.34
SAN LUIS OBISPO              13,704,921.06
SAN MATEO                              7,456,996.00
SANTA BARBARA                          758,846.46
SANTA CLARA                            16,348,472.48
SANTA CRUZ                             1,239,991.16
SHASTA                                 4,099,254.58
SIERRA     62,010.40
SISKIYOU                               110,014.84
SOLANO                                 3,839,713.29
SONOMA        4,362,157.43
STANISLAUS          1,235,395.05
SUTTER                                 824,611.11
TEHAMA                                 960,737.95
TRINITY                                95,302.85
TULARE    401,058.95
TUOLUMNE                               614,743.29
YOLO                                   1,663,471.01
YUBA    1,027,480.63
TOTAL PAYMENTS                         157,267,351.75

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/.

SOURCE Pacific Gas and Electric Company (PG&E)

Website: http://www.pge.com
Contact: PG&E External Communications, +1-415-973-5930