1 | Collections Allocable and Aggregate Amounts Available for the Current Payment Date: | ||||||||||
Fixed Recovery Charge Remittances | |||||||||||
a. | Estimated Monthly Fixed Recovery Charges Remitted for January Collection Period | $ 4,917,614.00 | |||||||||
b. | Estimated Monthly Fixed Recovery Charges Remitted for February Collection Period | 4,345,015.00 | |||||||||
c. | Estimated Monthly Fixed Recovery Charges Remitted for March Collection Period | 5,138,465.00 | |||||||||
d. | Estimated Monthly Fixed Recovery Charges Remitted for April Collection Period | 4,200,229.00 | |||||||||
e. | Estimated Monthly Fixed Recovery Charges Remitted for May Collection Period | 3,046,783.00 | |||||||||
f. | Estimated Monthly Fixed Recovery Charges Remitted for June Collection Period | 2,736,826.00 | |||||||||
i. | Total Estimated Fixed Recovery Charge Remittances | $ 24,384,932.00 | |||||||||
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 | $ 102,458.39 231,877.28 392,364.36 | ||||||||||
vi. | General Subaccount Balance (sum of i and v above) | 24,777,296.36 | |||||||||
vii. | Excess Funds Subaccount Balance as of Prior Payment Date | 13,547,259.70 | |||||||||
viii. | Capital Subaccount Balance as of Prior Payment Date | 4,779,025.02 | |||||||||
ix. | Collection Account Balance (sum of vi through vii above) | $38,324,556.06 | |||||||||
2 | Outstanding Amounts as of Prior Payment Date: | ||||||||||
i. | Tranche A-1 Outstanding Amount | $ 179,020,645.00 | |||||||||
ii. | Tranche A-2 Outstanding Amount | 160,309,000.00 | |||||||||
iii. | Tranche A-3 Outstanding Amount | 433,963,000.00 | |||||||||
iv. | Aggregate Outstanding Amount of all Tranches of Recovery Bonds | 773,292,645.00 | |||||||||
3 | Required Funding/Payments as of Current Payment Date: | $ 23,336,599.24 | |||||||||
Principal | Principal Due | ||||||||||
i. | Tranche A-1 | $ 14,079,008.00 | |||||||||
ii. | Tranche A-2 | - | |||||||||
iii. | Tranche A-3 | - | |||||||||
vi. | For all Tranches of Recovery Bonds: | $ | 14,079,008.00 |
Interest Tranche | Interest Rate | Days in Interest Period | Principal Balance | Interest Due | |||||||||||||
vii. Tranche A-1 | 1.460% | 180 | $ 179,020,645.00 | $ 1,306,850.71 | |||||||||||||
viii. Tranche A-2 | 2.280% | 180 | 160,309,000.00 | 1,827,522.60 | |||||||||||||
ix. Tranche A-3 | 2.822% | 180 | 433,963,000.00 | 6,123,217.93 | |||||||||||||
xii. | For all Tranches of Recovery Bonds: | $ 9,257,591.24 | |||||||||||||||
Required Level | Funding Required | ||||||||||||||||
xiii. Capital Subaccount | $4,301,995.00 | - | |||||||||||||||
4 | Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture | ||||||||||||||||
i. | Indenture Trustee Fees and Expenses; Indemnity Amounts | $ 2,087.50 | |||||||||||||||
ii. | Servicing Fee | 215,100.00 | |||||||||||||||
iii. | Administration Fee | 37,500.00 | |||||||||||||||
iv. | Other Ongoing Financing Costs Expenses | 79,500.00 | |||||||||||||||
v. | Semi-Annual Interest (including any past-due for prior periods) | 9,257,591.24 | |||||||||||||||
vi. | Return on PG&E Capital Contribution and any remittance of unpaid upfront financing costs | $ 102,647.41 |
Tranche | Per $1000 of Original Principal Amount | Aggregate | |||||||||
1 | Tranche A-1 Interest Payment | $ 1,306.85 | $ 1,306,850.71 | ||||||||
2 | Tranche A-2 Interest Payment | 1,827.52 | 1,827,522.60 | ||||||||
3 | Tranche A-3 Interest Payment | 6,123.22 | 6,123,217.93 |
vii. | Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date | $ 773,292,645.00 |
Tranche | Per $1000 of Original Principal Amount | Aggregate | ||||||||||||
1 | Tranche A-1 Principal Payment | $ 14,079.01 | $ 14,079,008.00 | |||||||||||
2 | Tranche A-2 Principal Payment | - | - | |||||||||||
3 | Tranche A-3 Principal Payment | - | - | |||||||||||
viii. | Semi-Annual Principal | 14,079,008.00 | ||||||||||||
ix. | Deposit to Excess Funds Subaccount | 1,574,387.02 | ||||||||||||
x. | Released to Issuer upon Retirement of all Notes | - | ||||||||||||
xi. | Aggregate Remittances as of Current Payment Date | $ 24,384,932.00 |
5 | Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture: | ||||||||||
i. | Excess Funds Subaccount | $ - | |||||||||
ii. | Capital Subaccount | - | |||||||||
iii. | Total Withdrawals | $ - |
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 | $ 164,941,637.00 | |||||||||
ii. | Tranche A-2 | 160,309,000.00 | |||||||||
iii. | Tranche A-3 | 433,963,000.00 | |||||||||
iv. | Aggregate Outstanding Amount of all Tranches of Recovery Bonds: | 759,213,637.00 | |||||||||
v. | Excess Funds Subaccount Balance | 15,353,524.00 | |||||||||
vi. | Capital Subaccount Balance | 4,881,483.41 | |||||||||
vii. | Aggregate Collection Account Balance | $20,235,007.41 |
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 | - | ||||||||||||||||
ii. | Semi-Annual Principal | ||||||||||||||||
Tranche A-1 Principal Payment | - | ||||||||||||||||
Tranche A-2 Principal Payment | - | ||||||||||||||||
Tranche A-3 Principal Payment | - |
8 | Shortfalls in Required Subaccount Levels as of Current Payment Date | ||||||||||||||||
iii. | Capital Subaccount | $ - |
PACIFIC GAS AND ELECTRIC COMPANY, | ||||||||
a California corporation | ||||||||
By: | /s/ MONICA KLEMANN | |||||||
Name: Monica Klemann | ||||||||
Title: Assistant Treasurer |