August 28, 2016 6:52 AM ET

Electric Utilities

Company Overview of Pacific Gas and Electric Company

Company Overview

Pacific Gas and Electric Company generates, transmits, distributes, and sells electricity and natural gas to customers in Northern and Central California. It generates electricity using nuclear, hydroelectric, fossil fuel-fired, fuel cell, and photovoltaic sources. The company owns and operates 18,400 circuit miles of interconnected transmission lines, 142,000 circuit miles of distribution lines, 58 transmission switching substations, and 603 distribution substations; and natural gas transmission, storage, and distribution system consisting of approximately 42,800 miles of distribution pipelines, and 6,700 miles of backbone and local transmission pipelines, as well as various storage facilit...

77 Beale Street

PO Box 770000

San Francisco, CA 94177

United States

Founded in 1905

22,980 Employees

Phone:

415-973-7000

Key Executives for Pacific Gas and Electric Company

Chief Financial Officer, Vice President and Controller
Director, Chairman of Executive Committee, Chairman of PG&E Corporation, Chief Executive Officer of PG&E Corporation and President of PG&E Corporation
Age: 67
President of Electric and Director
Age: 55
President of Gas and Director
Age: 58
Senior Vice President and General Counsel
Age: 55
Compensation as of Fiscal Year 2016.

Pacific Gas and Electric Company Key Developments

Pacific Gas and Electric Receives Approval from the California Public Utilities Commission to Accelerate Energy Efficiency Retrofits in Existing Buildings

Environmental Defense Fund's Investor Confidence Project (ICP) announced Pacific Gas and Electric (PG&E) has received approval from the California Public Utilities Commission to accelerate energy efficiency retrofits in existing buildings by providing interest-free loans to projects that follow ICP's rigorous protocols. ICP Protocols define industry best practices for energy efficiency project development and a credentialing system that includes third-party validation. Customers participating in PG&E's On-Bill Financing program, which provides interest-free loans for energy efficiency projects, can now make upgrades based on measured energy savings via SmartMeter technology. For this new pilot, customers will work with energy performance contractors who use ICP's Investor Ready Energy Efficiency (IREE) certification. This certification brings rigorous measurement and verification metrics to energy efficiency retrofit projects, standardizing the way such projects are developed and brought to market -- and making them more attractive to investors and building owners alike. PG&E's On-Bill Financing program offers qualifying businesses interest-free loans ranging from $5,000 to $100,000, or up to $250,000 for government agencies. Supporting the energy efficiency provisions of recent California state legislation Assembly Bill 802, this new On-Bill Financing pilot could increase investment in energy efficiency retrofits across California, and provide a model for similar efforts in other states.

Pacific Gas and Electric Company Promotes Kevin J. Dasso to Vice President, Electric Asset Management

Pacific Gas and Electric Company announced that it has promoted Kevin J. Dasso to vice president, Electric Asset Management. He will be responsible for leading electric transmission and distribution asset planning across the organization, including asset investment and reliability design. Dasso will report to Pat Hogan, senior vice president, Electric Transmission and Distribution. Dasso joined PG&E in 1981 as an electrical engineer. He has been a senior director since 2004, leading different aspects of the transmission and distribution organization. He most recently has been acting as vice president of Electric Asset Management, since Pat Hogan was named to his current post in March 2016.

Pacific Gas and Electric Company Reaches Settlement Agreement with Office of Ratepayer Advocates, The Utility Reform Network (TURN) and 12 Other Parties in its 2017-2019 General Rate Case

Pacific Gas and Electric Company (PG&E) has announced that it has reached a settlement agreement with the Office of Ratepayer Advocates (ORA), The Utility Reform Network (TURN) and 12 other parties in its 2017-2019 General Rate Case. The settlement agreement, which was submitted to the California Public Utilities Commission (CPUC) for approval, proposes an average increase of less than 1% in typical residential customer energy bills to support upgrades to technology and electric and gas infrastructure. PG&E and all active parties have been working towards a comprehensive settlement agreement since June. This settlement will allow for investments in safe and reliable energy service that supports California's clean energy goals while keeping typical residential bills well below the national average. This settlement was achieved on the heels of three weeks of Public Participation Hearings held throughout PG&E's service area. These hearings provided the Commission and PG&E the opportunity to receive feedback directly from customers about the original rate request.

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