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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">UNITED STATES</span>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</span>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Washington, D.C. 20549</span>
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  </div><div style="text-align: center;"> <span style="font-family: Times New Roman; font-size: 18.0pt; color: #000000; font-weight: bold;">FORM <ix:nonNumeric contextRef="c0" name="dei:DocumentType">8-K</ix:nonNumeric></span> </div><div>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">CURRENT REPORT</span>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span>
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  </div><div style="text-align: center;"> <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Date of Report: <ix:nonNumeric contextRef="c0" format="ixt:date-monthname-day-year-en" name="dei:DocumentPeriodEndDate">February 25, 2022</ix:nonNumeric></span> </div><div>
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   <span style="font-family: Times New Roman; font-size: 10.0pt;">(Date of earliest event reported)</span>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Commission File Number</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Exact Name of Registrant</span></div>
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">as specified in its charter</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">State or Other Jurisdiction of Incorporation or Organization</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">IRS Employer Identification Number</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c0" name="dei:EntityFileNumber">001-12609</ix:nonNumeric>&#160;</span></div>
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<div><ix:nonNumeric contextRef="c0" name="dei:EntityRegistrantName"><span style="font-family: Times New Roman; font-size: 10.0pt; text-transform: uppercase; color: #000000;">PG&amp;E Corporation</span></ix:nonNumeric><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
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<div style="font-size: 10pt;">&#160;</div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c0" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">California</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c0" name="dei:EntityTaxIdentificationNumber">94-3234914</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c1" name="dei:EntityFileNumber">001-02348</ix:nonNumeric>&#160;</span></div>
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<div><ix:nonNumeric contextRef="c1" name="dei:EntityRegistrantName"><span style="font-family: Times New Roman; font-size: 10.0pt; text-transform: uppercase; color: #000000;">Pacific Gas and Electric Company</span></ix:nonNumeric><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c1" format="ixt-sec:stateprovnameen" name="dei:EntityIncorporationStateCountryCode">California</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c1" name="dei:EntityTaxIdentificationNumber">94-0742640</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><img alt="" src="image1.jpg" style="width: 195.05pt; height: 47.3pt;"/><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
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<div style="text-align: center;"><img alt="" src="image2.jpg" style="width: 159.05pt; height: 43.5pt;"/><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c0" name="dei:EntityAddressAddressLine1">77 BEALE STREET</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c1" name="dei:EntityAddressAddressLine1">77 BEALE STREET</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c0" name="dei:EntityAddressAddressLine2">P.O. BOX 770000</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c1" name="dei:EntityAddressAddressLine2">P.O. BOX 770000</ix:nonNumeric>&#160;</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c0" name="dei:EntityAddressCityOrTown">SAN FRANCISCO</ix:nonNumeric>, <ix:nonNumeric contextRef="c0" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">California</ix:nonNumeric> <ix:nonNumeric contextRef="c0" name="dei:EntityAddressPostalZipCode">94177</ix:nonNumeric></span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;"><ix:nonNumeric contextRef="c1" name="dei:EntityAddressCityOrTown">SAN FRANCISCO</ix:nonNumeric>, <ix:nonNumeric contextRef="c1" format="ixt-sec:stateprovnameen" name="dei:EntityAddressStateOrProvince">California</ix:nonNumeric> <ix:nonNumeric contextRef="c1" name="dei:EntityAddressPostalZipCode">94177</ix:nonNumeric></span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">(Address of principal executive offices) (Zip Code)</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">(Address of principal executive offices) (Zip Code)</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">(<ix:nonNumeric contextRef="c0" name="dei:CityAreaCode">415</ix:nonNumeric>) <ix:nonNumeric contextRef="c0" name="dei:LocalPhoneNumber">973-1000</ix:nonNumeric></span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">(<ix:nonNumeric contextRef="c1" name="dei:CityAreaCode">415</ix:nonNumeric>) <ix:nonNumeric contextRef="c1" name="dei:LocalPhoneNumber">973-1000</ix:nonNumeric></span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">(Registrant</span><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#8217;</span><span style="font-family: Times New Roman; font-size: 10.0pt;">s telephone number, including area code)</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">(Registrant</span><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#8217;</span><span style="font-family: Times New Roman; font-size: 10.0pt;">s telephone number, including area code)</span></div>
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   <span style="font-family: Times New Roman; font-size: 10.0pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</span>
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<td style="padding: 0; width: 483.85pt; padding-left: 3pt; padding-right: 3pt;">
<div><span style="font-family: Times New Roman; font-size: 10.0pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div>
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<div><span style="font-family: Times New Roman; font-size: 10.0pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div>
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<div><span style="font-family: Times New Roman; font-size: 10.0pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div>
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<div><span style="font-family: Times New Roman; font-size: 10.0pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div>
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   <span style="font-family: Times New Roman; font-size: 10.0pt;">Securities registered pursuant to Section 12(b) of the Act:</span>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Title of each class</span></div>
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<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Trading Symbol(s)</span></div>
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<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Name of each exchange</span></div>
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">on which registered</span></div>
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<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c2" name="dei:Security12bTitle">Common stock, no par value</ix:nonNumeric>&#160;</span></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c2" name="dei:TradingSymbol">PCG</ix:nonNumeric>&#160;</span></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">The <ix:nonNumeric contextRef="c2" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c3" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">Equity Units</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c3" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCGU</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;">The <ix:nonNumeric contextRef="c3" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">New York Stock Exchange</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0px 0px 0px 1.5pt; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; vertical-align: top;">
<div><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c4" name="dei:Security12bTitle">First preferred stock, cumulative, par value $25 per share, 5% series A redeemable</ix:nonNumeric>&#160;</span></div>
</td>
<td style="padding: 0px 0px 0px 1.5pt; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; vertical-align: top;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c4" name="dei:TradingSymbol">PCG-PE</ix:nonNumeric>&#160;</span></div>
</td>
<td style="padding: 0px 1.5pt; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; vertical-align: top;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c4" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName"><span style="font-family: Times New Roman; font-size: 10.0pt;">NYSE American LLC</span></ix:nonNumeric></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c5" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 5% redeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c5" name="dei:TradingSymbol">PCG-PD</ix:nonNumeric>&#160;</span></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c5" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE American LLC</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c6" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 4.80% redeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c6" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PG</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c6" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName"><span style="font-family: Times New Roman; font-size: 10.0pt;">NYSE American LLC</span></ix:nonNumeric></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c7" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 4.50% redeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c7" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PH</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c7" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName"><span style="font-family: Times New Roman; font-size: 10.0pt;">NYSE American LLC</span></ix:nonNumeric></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c8" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c8" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PI</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c8" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName"><span style="font-family: Times New Roman; font-size: 10.0pt;">NYSE American LLC</span></ix:nonNumeric></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c9" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 6% nonredeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c9" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PA</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c9" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE American LLC</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c10" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c10" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PB</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; border-top: 1.5pt solid #000000; border-left: 1.5pt solid #000000; border-right: 1.5pt solid #000000; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c10" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE American LLC</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0; width: 277.2pt; border-top: 1.5pt solid #000000; border-bottom: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div><ix:nonNumeric contextRef="c11" name="dei:Security12bTitle"><span style="font-family: Times New Roman; font-size: 10.0pt;">First preferred stock, cumulative, par value $25 per share, 5% nonredeemable</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 75.6pt; border-top: 1.5pt solid #000000; border-bottom: 1.5pt solid #000000; border-left: 1.5pt solid #000000; padding-left: 1.5pt; vertical-align: bottom;">
<div style="text-align: center;"><ix:nonNumeric contextRef="c11" name="dei:TradingSymbol"><span style="font-family: Times New Roman; font-size: 10.0pt;">PCG-PC</span></ix:nonNumeric></div>
</td>
<td style="padding: 0; width: 151.2pt; padding-left: 1.5pt; padding-right: 1.5pt; vertical-align: bottom; border: 1.5pt solid #000000;">
<div style="text-align: center;"><span style="font-family: Times New Roman; font-size: 10.0pt;"><ix:nonNumeric contextRef="c11" format="ixt-sec:exchnameen" name="dei:SecurityExchangeName">NYSE American LLC</ix:nonNumeric>&#160;</span></div>
</td>
</tr>
</table><div>
  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
  </div><div>
  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (</span><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#167;</span><span style="font-family: Times New Roman; font-size: 10.0pt;">230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (</span><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#167;</span><span style="font-family: Times New Roman; font-size: 10.0pt;">240.12b-2 of this chapter).</span>
  </div><div>
  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
  </div><div>
  </div><table style="border-spacing: 0px; border-collapse: collapse; margin-left: 3pt;"> <tr style="vertical-align: top;"> <td style="padding: 0; width: 120.95pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <span style="font-family: Times New Roman; font-size: 10.0pt;">Emerging growth company</span> </div> </td> <td style="padding: 0; width: 100.8pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <span style="font-family: Times New Roman; font-size: 10.0pt;">PG&amp;E Corporation</span> </div> </td> <td style="padding: 0; width: 282.25pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <ix:nonNumeric contextRef="c0" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany"><span style="font-family: Segoe UI Symbol; font-size: 10.0pt; color: #000000;">&#9744;</span></ix:nonNumeric><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#160;</span> </div> </td> </tr> <tr style="vertical-align: top;"> <td style="padding: 0; width: 120.95pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <span style="font-family: Times New Roman; font-size: 10.0pt;">Emerging growth company</span> </div> </td> <td style="padding: 0; width: 100.8pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <span style="font-family: Times New Roman; font-size: 10.0pt;">Pacific Gas and Electric Company</span> </div> </td> <td style="padding: 0; width: 282.25pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;"> <div> <ix:nonNumeric contextRef="c1" format="ixt-sec:boolballotbox" name="dei:EntityEmergingGrowthCompany"><span style="font-family: Segoe UI Symbol; font-size: 10.0pt; color: #000000;">&#9744;</span></ix:nonNumeric><span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#160;</span> </div> </td> </tr> </table><div>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#160;</span>
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  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</span>
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   <tr style="vertical-align: top;">
    <td style="padding: 0; width: 120.95pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
     <div>
      <span style="font-family: Times New Roman; font-size: 10.0pt;">PG&amp;E Corporation</span>
     </div>
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    <td style="padding: 0; width: 383.05pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
     <div>
      <span style="font-family: Segoe UI Symbol; font-size: 10.0pt; color: #000000;">&#9744;</span>
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    <td style="padding: 0; width: 120.95pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
     <div>
      <span style="font-family: Times New Roman; font-size: 10.0pt;">Pacific Gas and Electric Company</span>
     </div>
    </td>
    <td style="padding: 0; width: 383.05pt; padding-left: 3pt; padding-right: 3pt; vertical-align: bottom;">
     <div>
      <span style="font-family: Segoe UI Symbol; font-size: 10.0pt; color: #000000;">&#9744;</span>
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000;">&#160;</span>
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  </div><div>&#160;
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   <span style="font-family: Times New Roman; font-size: 10.0pt; color: #000000; font-weight: bold;">Item 8.01 Other Events</span>
  </div><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><div><span style="font-family: Times New Roman; font-size: 10.0pt;">On February 25, 2022, Pacific Gas and Electric Company (the &#8220;Utility&#8221;), a subsidiary of PG&amp;E Corporation, submitted supplemental testimony (the &#8220;Supplemental Testimony&#8221;) for its 2023 General Rate Case (&#8220;GRC&#8221;) application to</span><span style="font-size: 11.0pt; color: #000000;">&#160;</span><span style="font-family: Times New Roman; font-size: 10.0pt;">reflect the Utility&#8217;s integrated wildfire mitigation strategy, including the Utility&#8217;s proposals for the initial phase of undergrounding 10,000 miles of electric distribution powerlines in high fire risk areas throughout the Utility&#8217;s service area, the Enhanced Powerline Safety Settings (&#8220;EPSS&#8221;) program, and its vegetation management program. The Supplemental Testimony amends the revenue requirement request in the Utility&#8217;s original 2023 GRC application, which was filed on June 30, 2021 (the &#8220;Original Application&#8221;). </span></div><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">The Utility&#8217;s updated revenue requirement request for the 2023 test year reduced its prior request from $15.46 billion to $15.34 billion. The following table compares the requested revenue requirement increase in the Supplemental Testimony with the requested revenue requirement increase in Original Application for the period of 2023 to 2026:</span>
  </div><div>
  </div><div style="font-size: 10pt;">&#160;<a id="_Hlk96582605"></a>
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    <td style="width: 26.4pt;">
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    <td style="width: 70pt;">
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    <td style="width: 6.65pt;">
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    <td style="width: 6.65pt;">
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    <td style="width: 69.65pt;">
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    <td style="width: 6.65pt;">
    </td>
    <td style="width: 6.65pt;">
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    <td style="width: 23.55pt;">
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    <td style="width: 68.9pt;">
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     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt; font-weight: bold;">Requested revenue requirement increase:</span>
     </div>
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">(in millions)</span>
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      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td colspan="2" style="padding: 0; border-bottom: 1.5pt solid #000000; vertical-align: bottom;">
     <div style="text-align: center; margin-right: 1.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">Supplemental Testimony</span>
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    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
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      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
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    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
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      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
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    <td colspan="2" style="padding: 0; border-bottom: 1.5pt solid #000000; vertical-align: bottom;">
     <div style="text-align: center; margin-right: 1.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">Original Application</span>
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    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
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      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
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    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td colspan="2" style="padding: 0; border-bottom: 1.5pt solid #000000; vertical-align: bottom;">
     <div style="text-align: center; margin-right: 1.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">Supplemental Testimony compared to Original Application</span>
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    <td style="padding: 0; width: 2.2pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
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    <td style="padding: 0; width: 184.3pt; background-color: #CCEEFF;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">2023</span>
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    <td style="padding: 0; width: 1pt; background-color: #CCEEFF; vertical-align: bottom;">
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      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
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    <td style="padding: 0; width: 26.4pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">$</span>
     </div>
    </td>
    <td style="padding: 0; width: 70pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">3,125</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 17.9pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">$</span>
     </div>
    </td>
    <td style="padding: 0; width: 69.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">3,560</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 23.55pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">$</span>
     </div>
    </td>
    <td style="padding: 0; width: 68.9pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">(435)</span>
     </div>
    </td>
    <td style="padding: 0; width: 2.2pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
   </tr>
   <tr style="vertical-align: top;">
    <td style="padding: 0; width: 184.3pt;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">2024</span>
     </div>
    </td>
    <td style="padding: 0; width: 1pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 26.4pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 70pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">1,018</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 17.9pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 69.65pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">930</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 23.55pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 68.9pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">88</span>
     </div>
    </td>
    <td style="padding: 0; width: 2.2pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
   </tr>
   <tr style="vertical-align: top;">
    <td style="padding: 0; width: 184.3pt; background-color: #CCEEFF;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">2025</span>
     </div>
    </td>
    <td style="padding: 0; width: 1pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td style="padding: 0; width: 26.4pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td style="padding: 0; width: 70pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">755</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 17.9pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 69.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">590</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 23.55pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 68.9pt; background-color: #CCEEFF; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">165</span>
     </div>
    </td>
    <td style="padding: 0; width: 2.2pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
   </tr>
   <tr style="vertical-align: top;">
    <td style="padding: 0; width: 184.3pt;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">2026</span>
     </div>
    </td>
    <td style="padding: 0; width: 1pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td style="padding: 0; width: 26.4pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
    <td style="padding: 0; width: 70pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">561</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 17.9pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 69.65pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">381</span>
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 6.65pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 23.55pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt; font-size: 10pt;">&#160;
     </div>
    </td>
    <td style="padding: 0; width: 68.9pt; vertical-align: bottom;">
     <div style="text-align: right; margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">180</span>
     </div>
    </td>
    <td style="padding: 0; width: 2.2pt; vertical-align: bottom;">
     <div style="margin-right: 0.8pt;">
      <span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span>
     </div>
    </td>
   </tr>
  </table><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><div>
   <span style="font-family: Times New Roman; font-size: 10.0pt;">In the Supplemental Testimony, the Utility requested that the CPUC approve an additional $6.93 billion in undergrounding capital expenditures over the period of 2023 to 2026. The Supplemental Testimony also included a request for $572 million in expense over the period of 2023 to 2026 for the EPSS program, which was not included in the Original Application. Additionally, the Supplemental Testimony reduced the Original Application&#8217;s request for vegetation management program expenses by approximately $1.0 billion over the period of 2023 to 2026. The revised revenue requirement sought in the Supplemental Testimony excludes certain recorded costs for wildfire mitigation and gas safety work that the Utility intends to seek in a second track of this proceeding. </span>
  </div><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><div style="text-indent: 36pt; text-align: justify;">
   <a id="_Hlk96584810"></a><span style="font-family: Times New Roman; font-size: 10.0pt;">The following table compares the requested weighted-average rate base in the Supplemental Testimony with the requested weighted-average rate base in Original Application for the period of 2023 to 2026:</span>
  </div><div>
  </div><div style="font-size: 10pt;">&#160;
  </div><div>
  </div><table style="border-spacing: 0px; border-collapse: collapse; height: 184px;">

<tr style="height: 0px; font-size: 0px;">
<td style="width: 211.703px; height: 18px;">&#160;</td>
<td style="width: 2.39844px; height: 18px;">&#160;</td>
<td style="width: 30.1406px; height: 18px;">&#160;</td>
<td style="width: 92.5938px; height: 18px;">&#160;</td>
<td style="width: 7.75px; height: 18px;">&#160;</td>
<td style="width: 7.75px; height: 18px;">&#160;</td>
<td style="width: 21.5234px; height: 18px;">&#160;</td>
<td style="width: 85.5234px; height: 18px;">&#160;</td>
<td style="width: 7.75px; height: 18px;">&#160;</td>
<td style="width: 7.75px; height: 18px;">&#160;</td>
<td style="width: 28.7812px; height: 18px;">&#160;</td>
<td style="width: 85.4609px; height: 18px;">&#160;</td>
<td style="width: 2.875px; height: 18px;">&#160;</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0px; width: 213.703px; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt; font-weight: bold;">Requested rate base:</span></div>
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">(in millions)</span></div>
</td>
<td style="padding: 0px; width: 4.39844px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td colspan="2" style="padding: 0px; border-bottom: 1.5pt solid #000000; vertical-align: bottom; height: 75px; width: 127.734px;">
<div style="text-align: center; margin-right: 1.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">Supplemental Testimony</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td colspan="2" style="padding: 0px; border-bottom: 1.5pt solid #000000; vertical-align: bottom; height: 75px; width: 112.047px;">
<div style="text-align: center; margin-right: 1.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">Original Application</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td colspan="2" style="padding: 0px; border-bottom: 1.5pt solid #000000; vertical-align: bottom; height: 75px; width: 119.242px;">
<div style="text-align: center; margin-right: 1.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">Supplemental Testimony compared to Original Application</span></div>
</td>
<td style="padding: 0px; width: 4.875px; vertical-align: bottom; height: 75px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0px; width: 213.703px; background-color: #cceeff; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">2023</span></div>
</td>
<td style="padding: 0px; width: 4.39844px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td style="padding: 0px; width: 32.1406px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">$</span></div>
</td>
<td style="padding: 0px; width: 94.5938px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">49,179</span></div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 23.5234px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">$</span></div>
</td>
<td style="padding: 0px; width: 87.5234px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">48,515</span></div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 30.7812px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">$</span></div>
</td>
<td style="padding: 0px; width: 87.4609px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">664</span></div>
</td>
<td style="padding: 0px; width: 4.875px; background-color: #cceeff; vertical-align: bottom; height: 19px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0px; width: 213.703px; height: 18px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">2024</span></div>
</td>
<td style="padding: 0px; width: 4.39844px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 32.1406px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 94.5938px; vertical-align: bottom; height: 18px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">53,835</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 23.5234px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 87.5234px; vertical-align: bottom; height: 18px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">51,981</span></div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 9.75px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 30.7812px; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 87.4609px; vertical-align: bottom; height: 18px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">1,854</span></div>
</td>
<td style="padding: 0px; width: 4.875px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
</tr>
<tr style="vertical-align: top;">
<td style="padding: 0px; width: 213.703px; background-color: #cceeff; height: 18px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">2025</span></div>
</td>
<td style="padding: 0px; width: 4.39844px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td style="padding: 0px; width: 32.1406px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">&#160;</span></div>
</td>
<td style="padding: 0px; width: 94.5938px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">58,226</span></div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 9.75px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 23.5234px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="margin-right: 0.8pt; font-size: 10pt;">&#160;</div>
</td>
<td style="padding: 0px; width: 87.5234px; background-color: #cceeff; vertical-align: bottom; height: 18px;">
<div style="text-align: right; margin-right: 0.8pt;"><span style="font-family: Times New Roman; font-size: 10.0pt;">54,525</span></div>
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report:
February 25, 2022
(Date of earliest event reported)
Commission File Number
Exact Name of Registrant
as specified in its charter
State or Other Jurisdiction of Incorporation or Organization
IRS Employer Identification Number
001-12609
PG&E Corporation
California
94-3234914
001-02348
Pacific Gas and Electric Company
California
94-0742640
77 BEALE STREET
77 BEALE STREET
P.O. BOX 770000
P.O. BOX 770000
SAN FRANCISCO
,
California
94177
SAN FRANCISCO
,
California
94177
(Address of principal executive offices) (Zip Code)
(Address of principal executive offices) (Zip Code)
(
415
)
973-1000
(
415
)
973-1000
(Registrant
'
s telephone number, including area code)
(Registrant
'
s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange
on which registered
Common stock, no par value
PCG
The
New York Stock Exchange
Equity Units
PCGU
The
New York Stock Exchange
First preferred stock, cumulative, par value $25 per share, 5% series A redeemable
PCG-PE
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% redeemable
PCG-PD
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.80% redeemable
PCG-PG
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.50% redeemable
PCG-PH
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 4.36% series A redeemable
PCG-PI
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 6% nonredeemable
PCG-PA
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5.50% nonredeemable
PCG-PB
NYSE American LLC
First preferred stock, cumulative, par value $25 per share, 5% nonredeemable
PCG-PC
NYSE American LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (
§
230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (
§
240.12b-2 of this chapter).
Emerging growth company
PG&E Corporation
☐
Emerging growth company
Pacific Gas and Electric Company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
PG&E Corporation
☐
Pacific Gas and Electric Company
☐
Item 8.01 Other Events
On February 25, 2022, Pacific Gas and Electric Company (the "Utility"), a subsidiary of PG&E Corporation, submitted supplemental testimony (the "Supplemental Testimony") for its 2023 General Rate Case ("GRC") application to
reflect the Utility's integrated wildfire mitigation strategy, including the Utility's proposals for the initial phase of undergrounding 10,000 miles of electric distribution powerlines in high fire risk areas throughout the Utility's service area, the Enhanced Powerline Safety Settings ("EPSS") program, and its vegetation management program. The Supplemental Testimony amends the revenue requirement request in the Utility's original 2023 GRC application, which was filed on June 30, 2021 (the "Original Application").
The Utility's updated revenue requirement request for the 2023 test year reduced its prior request from $15.46 billion to $15.34 billion. The following table compares the requested revenue requirement increase in the Supplemental Testimony with the requested revenue requirement increase in Original Application for the period of 2023 to 2026:
Requested revenue requirement increase:
(in millions)
Supplemental Testimony
Original Application
Supplemental Testimony compared to Original Application
2023
$
3,125
$
3,560
$
(435)
2024
1,018
930
88
2025
755
590
165
2026
561
381
180
In the Supplemental Testimony, the Utility requested that the CPUC approve an additional $6.93 billion in undergrounding capital expenditures over the period of 2023 to 2026. The Supplemental Testimony also included a request for $572 million in expense over the period of 2023 to 2026 for the EPSS program, which was not included in the Original Application. Additionally, the Supplemental Testimony reduced the Original Application's request for vegetation management program expenses by approximately $1.0 billion over the period of 2023 to 2026. The revised revenue requirement sought in the Supplemental Testimony excludes certain recorded costs for wildfire mitigation and gas safety work that the Utility intends to seek in a second track of this proceeding.
The following table compares the requested weighted-average rate base in the Supplemental Testimony with the requested weighted-average rate base in Original Application for the period of 2023 to 2026:
Requested rate base:
(in millions)
Supplemental Testimony
Original Application
Supplemental Testimony compared to Original Application
2023
$
49,179
$
48,515
$
664
2024
53,835
51,981
1,854
2025
58,226
54,525
3,701
2026
62,760
56,912
5,848
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.
PG&E CORPORATION
Date: February 25, 2022
By:
/s/ CHRISTOPHER A. FOSTER
Name: Christopher A. Foster
Title: Executive Vice President and Chief Financial Officer
PACIFIC GAS AND ELECTRIC COMPANY
Date: February 25, 2022
By:
/s/ DAVID S. THOMASON
Name: David S. Thomason
Title: Vice President, Chief Financial Officer and Controller