Commission File Number
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Exact Name of Registrant
as specified in its charter
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State or Other Jurisdiction of Incorporation or Organization
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IRS Employer Identification Number
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(Address of principal executive offices) (Zip Code)
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(Address of principal executive offices) (Zip Code)
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(
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(
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(Registrant’s telephone number, including area code)
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(Registrant’s telephone number, including area code)
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange
on which registered
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Emerging growth company
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PG&E Corporation
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Emerging growth company
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Pacific Gas and Electric Company
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PG&E Corporation
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☐
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Pacific Gas and Electric Company
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☐
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(in millions)
Year Revenue Requirement
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Increase Proposed in the Settlement (1)
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Increase Recommended in the PD
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Revised PD and CPUC decision
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2020
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$
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585
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$
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585
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$
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585
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2021
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316
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339
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316
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2022
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$
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364
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$
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344
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$
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364
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(1) |
The settlement and revised PD amounts reflect the requirement to exclude certain capital expenditures for wildfire mitigation from the Utility’s rate base pursuant
to Assembly Bill (AB) 1054 and reflect a $10 million increase in 2020 revenue requirements over the $575 million included in the settlement agreement as a result of updating for 2018 recorded capital additions, as stipulated in the
settlement agreement.
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(in millions)
Year Rate Base
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Increase Proposed in the Settlement
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Increase Recommended in the PD
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Revised PD and CPUC decision
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2020
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$
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1,717
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$
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1,717
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$
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1,717
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2021
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1,580
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1,493
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1,580
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2022
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$
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1,956
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$
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1,716
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$
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1,956
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PG&E CORPORATION
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Date: December 4, 2020
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By:
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/s/ BRIAN M. WONG
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Name: Brian M. Wong
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Title: Vice President, Deputy General Counsel and Corporate Secretary
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PACIFIC GAS AND ELECTRIC COMPANY
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Date: December 4, 2020
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By:
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/s/ DAVID S. THOMASON
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Name: David S. Thomason
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Title: Vice President, Chief Financial Officer and Controller
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