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May 25, 2015 2:35 AM 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

Phone:

415-973-7000

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

Lawyers File Restraining Order against Pacific Gas & Electric and California Public Utilities Commission in Pipeline Explosion

Lawyers for men injured in the April 17 Pacific Gas & Electric pipeline explosion are seeking a restraining order against PG&E and the California Public Utilities Commission prohibiting the pipeline from being further damaged or destroyed. The order sought by Fresno lawyers Butch Wagner and Warren Paboojian, who represent four inmates who were working on the Fresno Sheriff's Foundation gun range when the blast occurred, filed the restraining order seeking to prohibit PG&E and the state Public Utilities Commission from doing any intrusive or destructive testing on the pipeline until all parties have had enough time to retain the appropriate expert to participate in the testing. The lawyers also want an order that would allow videotaping of testing to offer an accurate record of the tests that can be preserved and an order that would allow lawyers to participate in the testing process without signing an agreement requiring the parties to keep confidential matters affecting public safety. An inspection and testing of the pipe is scheduled in Menlo Park at the laboratory for Exponent.

California Gas Blast Victim Takes Legal Action against PG&E, County

An attorney representing a Fresno County, California, inmate injured in the April 17 gas line explosion at a shooting range has taken legal action against Pacific Gas and Electric Co. and the county. Fresno lawyer Butch Wagner filed a legal complaint against PG&E seeking unlimited damages and a claim for damages amounting to more than $650,000 against Fresno County. The claim and the complaint contend that the utility and the county each have a level of responsibility for the explosion. Both filings are potentially precursors to lawsuits. The complaint against PG&E states that the company 'negligently manufactured, designed, installed and maintained a natural gas pipeline on the property', while the claim against Fresno County said it failed to 'properly train and supervise one or more of its employees on the proper use of [equipment] that allegedly came into contact with the PG&E gas line'.

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.

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