PG&E Supports Local Communities as It Pays More Than $230 Million in Property Taxes to 50 California Counties
SAN FRANCISCO–(BUSINESS WIRE)–Pacific Gas and Electric Company (PG&E) paid property taxes of more than
$230 million this fall to the 50 counties where the energy company owns
property and operates gas and electric infrastructure that serves 16
million Californians. The tax payments help support essential public
services like education and public safety.
The semi-annual property tax payments made today cover the period from
July 1 to December 31, 2017.
Total payments for the full tax year of July 1, 2017 to June 30, 2018
are estimated to total more than $461 million—an increase of $50
million, or 12 percent, compared with the prior fiscal year.
“Property tax payments provide crucial resources to the many communities
where we live and work, supporting everything from education to public
safety. By continuing to make local investments in gas and electric
infrastructure, we are not only creating one of the safest and most
reliable energy systems in the country, we’re investing in the local
economy and helping our communities thrive,” said Jason Wells, senior
vice president and chief financial officer for PG&E.
PG&E invested more than $5.7 billion last year and expects to invest
$5.9 billion this year to enhance and upgrade its gas and electrical
infrastructure across Northern and Central California.
Some recent investments include the construction of PG&E’s $75 million Gas
Safety Academy in Winters in Yolo County, which opened in September.
Last year, PG&E opened a $36 million, state-of-the-art electric
distribution control center in Rocklin.
PG&E supports the communities it serves in a variety of ways. In 2016,
PG&E provided more than $28 million in charitable
contributions to enrich local educational opportunities, preserve
the environment, and support economic vitality and emergency
preparedness and safety. PG&E employees provide thousands of hours of
volunteer service in their local communities. The company also offers a
broad spectrum of economic
development services to help local businesses grow.
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 energy companies 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 www.pge.com/
and pge.com/news.
PG&E’s Fiscal Year 2017/2018 First Installment of Property Taxes
|
ALAMEDA |
$ |
23,910,294 |
| ALPINE | $ | 70,240 |
| AMADOR | $ | 1,078,087 |
| BUTTE | $ | 3,900,167 |
| CALAVERAS | $ | 993,921 |
| COLUSA | $ | 4,305,964 |
| CONTRA COSTA | $ | 18,704,718 |
| EL DORADO | $ | 1,541,364 |
| FRESNO | $ | 16,820,124 |
| GLENN | $ | 782,234 |
| HUMBOLDT | $ | 3,432,207 |
| KERN | $ | 7,696,500 |
| KINGS | $ | 1,666,050 |
| LAKE | $ | 862,779 |
| LASSEN | $ | 39,448 |
| MADERA | $ | 2,286,005 |
| MARIN | $ | 3,661,099 |
| MARIPOSA | $ | 269,255 |
| MENDOCINO | $ | 1,632,858 |
| MERCED | $ | 3,411,694 |
| MODOC | $ | 227,973 |
| MONTEREY | $ | 3,607,815 |
| NAPA | $ | 2,827,874 |
| NEVADA | $ | 1,218,797 |
| PLACER | $ | 5,456,991 |
| PLUMAS | $ | 2,339,038 |
| SACRAMENTO | $ | 6,258,136 |
| SAN BENITO | $ | 680,494 |
| SAN BERNARDINO | $ | 1,205,841 |
| SAN DIEGO | $ | 7,665 |
| SAN FRANCISCO | $ | 14,353,617 |
| SAN JOAQUIN | $ | 11,260,063 |
| SAN LUIS OBISPO | $ | 14,910,000 |
| SAN MATEO | $ | 12,520,118 |
| SANTA BARBARA | $ | 1,108,093 |
| SANTA CLARA | $ | 26,041,456 |
| SANTA CRUZ | $ | 1,715,627 |
| SHASTA | $ | 5,143,166 |
| SIERRA | $ | 125,892 |
| SISKIYOU | $ | 110,193 |
| SOLANO | $ | 5,905,000 |
| SONOMA | $ | 7,156,279 |
| STANISLAUS | $ | 2,124,403 |
| SUTTER | $ | 1,346,278 |
| TEHAMA | $ | 1,140,366 |
| TRINITY | $ | 135,508 |
| TULARE | $ | 596,150 |
| TUOLUMNE | $ | 869,671 |
| YOLO | $ | 2,295,755 |
| YUBA | $ | 1,163,001 |
| TOTAL | $ | 230,916,267 |
Contacts
PG&E Corporation
Media Relations, 415-973-5930
