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 December 18, 2015 - 1:10 PM EST
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PG&E’s Property Tax Payments Increase to $193 Million as it Further Supports Economic Development

Pacific Gas and Electric Company’s (PG&E) property taxes increased sharply this year as the utility continued to make significant investments in its gas and electric infrastructure to improve safety and reliability for its customers.

PG&E recently paid property taxes of nearly $193 million to 50 California counties. These payments cover the period from July 1 to December 31, 2015. Total payments for the tax year of July 1, 2015 to June 30, 2016 will be nearly $385 million—an increase of $40 million over the prior fiscal year, or 11 percent.

“Property tax payments are one of the important ways PG&E helps contribute to the local economies, supporting essential public services like education and public safety for the 16 million Californians we serve. This year’s higher payments reflect the substantial local investments we are making in our gas and electric infrastructure to create one of the safest and most reliable utility systems in the country,” said Kent Harvey, senior vice president and chief financial officer for PG&E.

PG&E invested more than $5 billion this year to maintain and upgrade its gas and electrical infrastructure across Northern and Central California.

One such investment is the recently completed $40 million state-of-the-art electric distribution control center in Concord. PG&E opened a $28.5 million-control center in Fresno last year and expects to open another control center in Rocklin in early 2016. PG&E also recently broke ground to construct a $75 million-gas operations technical training center in Winters. These investments will result in additional property tax revenues in future years.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit and


1st Installment Property

Tax Payments on

Dec. 10, 2015

ALAMEDA               19,658,015
ALPINE               59,283
AMADOR               955,868
BUTTE               3,320,701
CALAVERAS               807,581
COLUSA               4,213,442
CONTRA COSTA               16,748,589
EL DORADO               1,242,561
FRESNO               14,431,766
GLENN               673,957
HUMBOLDT               2,635,236
KERN               6,305,061
KINGS               1,354,491
LAKE               694,533
LASSEN               34,176
MADERA               1,948,970
MARIN               2,751,855
MARIPOSA               223,617
MENDOCINO               1,354,151
MERCED               2,748,132
MODOC               237,069
MONTEREY               3,041,742
NAPA               1,995,743
NEVADA               1,024,106
PLACER               4,280,135
PLUMAS               2,092,493
SACRAMENTO               4,262,535
SAN BENITO               596,308
SAN BERNARDINO               1,070,988
SAN DIEGO               9,596
SAN FRANCISCO               11,304,100
SAN JOAQUIN               8,910,801
SAN LUIS OBISPO               14,126,226
SAN MATEO               10,182,039
SANTA BARBARA               909,345
SANTA CLARA               21,907,530
SANTA CRUZ               1,477,645
SHASTA               4,567,520
SIERRA               110,634
SISKIYOU               112,143
SOLANO               4,683,627
SONOMA               5,481,752
STANISLAUS               1,793,334
SUTTER               1,107,174
TEHAMA               1,041,243
TRINITY               109,639
TULARE               511,830
TUOLUMNE               752,515
YOLO               1,998,803
YUBA               1,070,477
Total Payments               192,931,076

Pacific Gas and Electric Company
Paul Moreno, 415-973-5930

Source: Business Wire (December 18, 2015 - 1:10 PM EST)

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