Pacific Gas and Electric Company Makes $107 Million in Property Tax Payments to California...

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Thu Apr 10, 2008 9:01am EDT

Pacific Gas and Electric Company Makes $107 Million in Property Tax Payments
to California Counties

SAN FRANCISCO, April 10 /PRNewswire-FirstCall/ -- Pacific Gas and Electric
Company announced it will make property tax payments totaling nearly
$107 million to the 49 counties in which it operates. This amount, which will
be paid on Thursday, April 10, represents full and timely payment of property
taxes due for the period from January 1 to June 30, 2008.
    "Local governments are facing many financial challenges and must address
public safety, environmental protection, health care and education needs with
limited resources," said Nancy E. McFadden, PG&E's senior vice president of
public affairs. "Pacific Gas and Electric Company is proud of its ongoing
commitment to help fund these vital community services by providing regular
and timely payments to local governments for both property taxes and franchise
fees."
    The company's tax payments to counties for tax year 2007/08 increased by
more than $19 million over the previous property tax years payments as a
result of an increase in assessments due to PG&E's infrastructure investments
and an overall increase in tax rates.    A full listing of county-by-county
payments is included below.



                        Pacific Gas and Electric Company
                              Property Tax Payment
                            Tax Year 2007/08 - Second
                                   Installment

    County                                         Total
    Alameda County                        $10,103,557.23
    Alpine County                              52,149.90
    Amador County                             704,885.80
    Butte County                            2,181,995.63
    Calaveras County                          416,289.18
    Colusa County                             557,078.97
    Contra Costa County                     7,223,862.54
    El Dorado County                          748,924.60
    Fresno County                           8,306,594.37
    Glenn County                              408,518.20
    Humboldt County                           923,962.65
    Kern County                             3,352,389.86
    Kings County                              615,330.19
    Lake County                               353,741.12
    Lassen County                              38,699.52
    Madera County                             943,682.23
    Marin County                            1,485,973.86
    Mariposa County                           257,301.89
    Mendocino County                          650,984.82
    Merced County                           1,408,708.12
    Modoc County                              198,183.84
    Monterey County                         1,777,912.63
    Napa County                               895,012.95
    Nevada County                             778,497.86
    Placer County                           2,548,855.64
    Plumas County                           1,669,301.62
    Sacramento County                       2,224,961.63
    San Benito County                         388,272.29
    San Bernardino County                     548,653.40
    San Francisco County                    6,860,115.66
    San Joaquin County                      4,963,349.55
    San Luis Obispo County                 11,755,613.84
    San Mateo County                        5,122,177.96
    Santa Barbara County                      506,256.34
    Santa Clara County                     10,797,783.50
    Santa Cruz County                         921,830.17
    Shasta County                           3,152,802.12
    Sierra County                              50,483.59
    Siskiyou County                            99,875.37
    Solano County                           2,676,727.89
    Sonoma County                           3,105,568.70
    Stanislaus County                         804,544.00
    Sutter County                             598,584.07
    Tehama County                             760,799.56
    Trinity County                             66,618.73
    Tulare County                             247,860.41
    Tuolumne County                           430,987.84
    Yolo County                             1,168,055.22
    Yuba County                               942,891.95
                  Total Payment          $106,797,209.01


    Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, 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/.
SOURCE  Pacific Gas and Electric Company

Pacific Gas and Electric Company News Department, +1-415-973-5930
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