PG&E CORP: Posts $462MM Environmental Compliance Cost at June 30

PG&E Corporation recorded environmental compliance costs of US$462 million as of June 30, 2011, compared with US$450 million as of Dec. 31, 2010.

Headquartered in San Francisco, PG&E Corporation’s Pacific Gas and Electric subsidiary provides electricity to about 5.2 million electric…

PG&E CORP: CPUC Order to Probe Compliance Matters Issued June 10

PG&E Corporation says that, on June 10, 2011, the California Public Utilities Commission (CPUC) issued an order to investigate whether Pacific Gas and Electric Company (Utility) failed to comply with the CPUC’s Nov. 9, 2009 decision.

The Nov. 9, 2009 decision…

PG&E CORP: Utility Posts $677MM Remediation Liability at June 30

PG&E Corporation’s Pacific Gas and Electric Company (Utility) subsidiary had an undiscounted and gross environmental remediation liability of US$677 million at June 30, 2011 and US$612 million at Dec. 31, 2010.

Of the US$677 million environmental remediation liability, the Utility expects…

PG&E CORP: Utility Has $608M Sept. 30 Envt’l. Cleanup Liability

PG&E Corporation’s utility, Pacific Gas and Electric Company (Utility), had an undiscounted gross environmental remediation liability of US$608 million at Sept. 30, 2010 and US$586 million at Dec. 31, 2009.

The Utility has been, and may be required to pay for…

PG&E CORP: Pacific Gas Records $615Mil Gross Cleanup Liabilities

PG&E Corporation’s subsidiary, Pacific Gas and Electric Company (Utility) had an undiscounted gross environmental remediation liability of US$615 million at June 30, 2010 and US$586 million at Dec. 31, 2009.

The Utility has a program, in cooperation with the California Environmental…

PG&E CORP: Pacific Gas Cites $594M Cleanup Liability at June 30

PG&E Corporation’s subsidiary, Pacific Gas and Electric Company (Utility), had an undiscounted and gross environmental remediation liability of US$594 million at June 30, 2009 and US$568 million at Dec. 31, 2008.

The US$594 million accrued at June 30, 2009 consists of:

–…

PG&E CORP: Pacific Gas Has $538M Environmental Liability at 2Q08

PG&E Corporation’s subsidiary, Pacific Gas and Electric Company (the Utility), at June 30, 2008, had an undiscounted environmental liability of about US$538 million, compared with about US$528 million at Dec. 31, 2007.

Under federal and California laws, the Utility may…