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April 24, 2015 9:14 PM ET

Electric Utilities

Company Overview of Pacific Gas and Electric Company

Company Overview

Pacific Gas and Electric Company transmits, distributes, and sells electricity and natural gas to customers in Northern and Central California. The company generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. It owns and operates 18,100 circuit miles of interconnected transmission lines, 141,700 circuit miles of distribution lines, 55 transmission switching substations, and 603 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 42,700 miles of distribution pipelines, and 6,400 miles of backbone and local transmission pipelines. Pacific Gas and Electric Company serves resid...

77 Beale Street

PO Box 770000

San Francisco, CA 94177

United States

Founded in 1905

22,569 Employees



Key Executives for Pacific Gas and Electric Company

President, Director and Member of Executive Committee
Age: 54
Chief Financial Officer, Principal Accounting Officer, Vice President and Controller
Age: 52
Senior Vice President of Engineering, Construction & Operations
Age: 46
Director, Chairman of Executive Committee, Chairman of PG&E Corporation, Chief Executive Officer of PG&E Corporation and President of PG&E Corporation
Age: 65
Senior Vice President of Financial Services
Age: 56
Compensation as of Fiscal Year 2014.

Pacific Gas and Electric Company Key Developments

The California Public Utilities Commission Fines Pacific, Gas & Electric Co. $1.6 Billion for San Bruno Explosion

The California Public Utilities Commission voted on April 9, 2015, to fine Pacific, Gas & Electric Co. $1.6 billion in penalties for its role in the September 2010 San Bruno gas pipeline explosion that killed eight people, injured dozens and destroyed or damaged about 100 homes. The new penalty is $200 million more than an earlier internal recommendation by the San Francisco-based agency's administrative law judges assigned to the case. Along with earlier penalties related to the San Bruno incident, the total fines imposed on PG&E now exceed $2.2 billion.

Pacific Gas & Electric Company Appoints Julie Kane as Chief Ethics and Compliance Officer

Pacific Gas & Electric Company has appointed Julie Kane as chief ethics and compliance officer. With her election by the Board of Directors, Kane will serve as a Senior vice president directly reporting to PG&E Corporation Chairman, CEO and President Tony Earley with additional reporting responsibility to the Audit Committee of the Board of Directors.

Tauron, Energa Reportedly Interested In Privatisation Of PKP Energetyka

Tauron Polska Energia Spolka Akcyjna (WSE:TPE) and ENERGA Spólka Akcyjna (WSE:ENG) are reportedly interested in acquiring PKP Energetyka Sp. z o.o. Others bidders include Pacific Gas and Electric Company, Enea AB (OM:ENEA), Infracapital, Equity Trustees Ltd. (ASX:EQT) and KKR & Co. L.P. (NYSE:KKR).

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