06/15/2026 | Press release | Distributed by Public on 06/15/2026 11:00
| 1. | Collections Allocable and Aggregate Amounts Available for the Current Payment Date: | ||||||||||
| Fixed Recovery Charge Remittances | |||||||||||
|
a.
|
Estimated Monthly Fixed Recovery Charges Remitted for November Collection Period1 |
$ 5,202.16
|
|||||||||
|
b.
|
Estimated Monthly Fixed Recovery Charges Remitted for December Collection Period |
20,238,845.09
|
|||||||||
|
c.
|
Estimated Monthly Fixed Recovery Charges Remitted for January Collection Period |
18,630,450.91
|
|||||||||
|
d.
|
Estimated Monthly Fixed Recovery Charges Remitted for February Collection Period |
16,589,815.21
|
|||||||||
|
e.
|
Estimated Monthly Fixed Recovery Charges Remitted for March Collection Period |
19,789,108.17
|
|||||||||
|
f.
|
Estimated Monthly Fixed Recovery Charges Remitted for April Collection Period |
18,971,602.30
|
|||||||||
|
g.
|
Estimated Monthly Fixed Recovery Charges Remitted for May Collection Period2 |
14,733,564.51
|
|||||||||
|
i.
|
Total Estimated Fixed Recovery Charge Remittances |
$ 108,958,588.35
|
|||||||||
|
ii.
|
Investment Earnings on Collection Account | ||||||||||
|
iii. Investment Earnings on Capital Subaccount
iv. Investment Earnings on Excess Funds Subaccount
v. Investment Earnings on General Subaccount
|
$ 336,630.56
13,019.20
1,026,023.07
|
||||||||||
|
vi.
|
General Subaccount Balance (sum of i and v above) |
109,984,611.42
|
|||||||||
|
vii.
|
Excess Funds Subaccount Balance as of Prior Payment Date |
872,481.80
|
|||||||||
|
viii.
|
Capital Subaccount Balance as of Prior Payment Date |
18,594,973.78
|
|||||||||
|
ix.
|
Collection Account Balance (sum of vi -viii above) |
$110,857,093.22
|
|||||||||
| 2. | Outstanding Amounts as of Prior Payment Date: | ||||||||||
|
i.
|
Tranche A-1 Outstanding Amount |
$ 312.908,852.00
|
|||||||||
|
ii.
|
Tranche A-2 Outstanding Amount |
540,000,000.00
|
|||||||||
|
iii.
|
Tranche A-3 Outstanding Amount |
360,000,000.00
|
|||||||||
|
iv.
|
Tranche A-4 Outstanding Amount |
1,260,000,000.00
|
|||||||||
|
v.
|
Tranche A-5 Outstanding Amount |
900,000,000.00
|
|||||||||
|
vi.
|
Aggregate Outstanding Amount of all Tranches of Recovery Bonds |
3,372,908,852.00
|
|||||||||
| 3. | Required Funding/Payments as of Current Payment Date: |
$ 108,655,143.07
|
|||||||||
| Principal |
Principal Due
|
||||||||||
|
i.
|
Tranche A-1 |
$ 34,569,171.00
|
|||||||||
|
ii.
|
Tranche A-2 |
-
|
|||||||||
|
iii.
|
Tranche A-3 |
-
|
|||||||||
|
iv.
|
Tranche A-4 | - | |||||||||
|
v.
|
Tranche A-5 | - | |||||||||
|
vi.
|
For all Tranches of Recovery Bonds: | $ | 34,569,171.00 | ||||||||
| Interest Tranche | Interest Rate | Days in Interest Period | Principal Balance |
Interest Due
|
|||||||||||||
| vii. Tranche A-1 | 3.594% | 180 |
$ 312,908,852.00
|
$ 5,622,972.07
|
|||||||||||||
| viii. Tranche A-2 | 4.263% | 180 |
540,000,000.00
|
11,510,100.00
|
|||||||||||||
| ix. Tranche A-3 | 4.377% | 180 |
360,000,000.00
|
7,878,600.00
|
|||||||||||||
| x. Tranche A-4 | 4.451% | 180 |
1,260,000,000.00
|
28,041,300.00
|
|||||||||||||
| xi. Tranche A-5 | 4.674% | 180 |
900,000,000.00
|
21,033,000.00
|
|||||||||||||
| xii. | For all Tranches of Recovery Bonds: |
$ 74,085,972.07
|
|||||||||||||||
| Required Level |
Funding Required
|
||||||||||||||||
| ix. Capital Subaccount | $18,000,000.00 |
-
|
|||||||||||||||
| 4. | Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture | ||||||||||||||||
| i. | Indenture Trustee Fees and Expenses; Indemnity Amounts3 |
-
|
|||||||||||||||
| ii. | Servicing Fee |
900,000.00
|
|||||||||||||||
| iii. | Administration Fee |
62,500.00
|
|||||||||||||||
| iv. | Other Ongoing Financing Costs Expenses |
20,500.00
|
|||||||||||||||
| v. | Semi-Annual Interest (including any past-due for prior periods) |
74,085,972.07
|
|||||||||||||||
| vi. | Return on PG&E Capital Contribution and any remittance of unpaid upfront financing costs |
$ 403,341.18
|
|||||||||||||||
| Tranche | Per $1000 of Original Principal Amount | Aggregate | |||||||||
| 1. | Tranche A-1 Interest Payment |
$ 5,622.97
|
$ 5,622,972.07
|
||||||||
| 2. | Tranche A-2 Interest Payment |
11,510.10
|
11,510,100.00
|
||||||||
| 3. | Tranche A-3 Interest Payment |
7,878.60
|
7,878,600.00
|
||||||||
| 4. | Tranche A-4 Interest Payment |
28,041.30
|
28,041,300.00
|
||||||||
| 5. | Tranche A-5 Interest Payment |
21,033.00
|
21,033,000.00
|
||||||||
| vii. | Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date |
$ 3,372,908,852.00
|
||||||
| Tranche | Per $1000 of Original Principal Amount | Aggregate | |||||||||||||||||||||
| 1. | Tranche A-1 Principal Payment |
$ 34,569.17
|
$ 34,569,171.00
|
||||||||||||||||||||
| 2. | Tranche A-2 Principal Payment |
-
|
-
|
||||||||||||||||||||
| 3. | Tranche A-3 Interest Payment |
- -
|
|||||||||||||||||||||
| 4. | Tranche A-4 Interest Payment |
|
- -
|
||||||||||||||||||||
|
5.
|
Tranche A-5 Principal Payment |
-
|
-
|
||||||||||||||||||||
|
|
|
||||||||||||||||||||||
| viii. | Semi-Annual Principal |
34,569,171.00
|
|||||||||||||||||||||
| ix. | Deposit to Excess Funds Subaccount |
-
|
|||||||||||||||||||||
| x. | Released to Issuer upon Retirement of all Notes |
-
|
|||||||||||||||||||||
| xi. | Aggregate Remittances as of Current Payment Date |
$ 108,958,588.35
|
|||||||||||||||||||||
| 5. | Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture: | ||||||||||
| i. | Excess Funds Subaccount4 |
$ 43,853.60
|
|||||||||
| ii. | Capital Subaccount |
-
|
|||||||||
| iii. | Total Withdrawals |
$ 43,853.60
|
|||||||||
| 6. | Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date): | ||||||||||
| i. | Tranche A-1 |
$ 278,339,681.00
|
|||||||||
| ii. | Tranche A-2 |
540,000,000.00
|
|||||||||
| iii. | Tranche A-3 |
360,000,000.00
|
|||||||||
| iv. | Tranche A-4 |
1,260,000,000.00
|
|||||||||
| v. | Tranche A-5 |
900,000,000.00
|
|||||||||
| vi. | Aggregate Outstanding Amount of all Tranches of Recovery Bonds: |
3,338,339,681.00
|
|||||||||
| vii. | Excess Funds Subaccount Balance |
828,628.20
|
|||||||||
| viii. | Capital Subaccount Balance |
18,931,604.34
|
|||||||||
| ix. | Aggregate Collection Account Balance |
$19,760,232.54
|
|||||||||
| 7. | Shortfalls in Interest and Principal Payments as of Current Payment Date | ||||||||||||||||
| i. | Semi-annual Interest | ||||||||||||||||
| Tranche A-1 Interest Payment |
$ -
|
||||||||||||||||
| Tranche A-2 Interest Payment |
-
|
||||||||||||||||
| Tranche A-3 Interest Payment |
-
|
||||||||||||||||
| Tranche A-4 Interest Payment |
-
|
||||||||||||||||
| Tranche A-5 Interest Payment |
-
|
||||||||||||||||
| ii. | Semi-Annual Principal | ||||||||||||||||
| Tranche A-1 Principal Payment |
-
|
||||||||||||||||
| Tranche A-2 Principal Payment |
-
|
||||||||||||||||
| Tranche A-3 Principal Payment |
-
|
||||||||||||||||
| Tranche A-4 Principal Payment |
-
|
||||||||||||||||
| Tranche A-5 Principal Payment |
-
|
||||||||||||||||
| 8. | Shortfalls in Required Subaccount Levels as of Current Payment Date | ||||||||||||||||
| i. | Capital Subaccount |
$ -
|
|||||||||||||||
| PACIFIC GAS AND ELECTRIC COMPANY, | ||||||||
| a California corporation | ||||||||
| By: | /s/ MONICA KLEMANN | |||||||
| Name: Monica Klemann | ||||||||
| Title: Senior Director, Assistant Treasurer | ||||||||