| 1. | Collections Allocable and Aggregate Amounts Available for the Current Payment Date: | ||||||||||
| Fixed Recovery Charge Remittances | |||||||||||
a. | Estimated Fixed Recovery Charges Remitted for November Collection Period | $ 7,488,654.85 | |||||||||
b. | Estimated Fixed Recovery Charges Remitted for December Collection Period | 7,777,527.78 | |||||||||
c. | Estimated Fixed Recovery Charges Remitted for January Collection Period | 6,657,778.40 | |||||||||
d. | Estimated Fixed Recovery Charges Remitted for February Collection Period | 5,952,731.90 | |||||||||
e. | Estimated Fixed Recovery Charges Remitted for March Collection Period | 7,136,260.85 | |||||||||
f. | Estimated Fixed Recovery Charges Remitted for April Collection Period | 6,990,916.59 | |||||||||
i. | Total Estimated Fixed Recovery Charge Remittances | $ 42,003,870.36 | |||||||||
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 | $ 132,360.16 258,317.55 704,872.72 | ||||||||||
vi. | General Subaccount Balance (sum of i and v above) | 42,708,743.08 | |||||||||
vii. | Excess Funds Subaccount Balance as of Prior Payment Date | 21,149,629.25 | |||||||||
viii. | Capital Subaccount Balance as of Prior Payment Date | 7,343,896.99 | |||||||||
ix. | Collection Account Balance (sum of vi -viii above) | $63,858,372.33 | |||||||||
| 2. | Outstanding Amounts as of Prior Payment Date: | ||||||||||
i. | Tranche A-1 Outstanding Amount | $ 260,366,144.65 | |||||||||
ii. | Tranche A-2 Outstanding Amount | 372,900,000.00 | |||||||||
iii. | Tranche A-3 Outstanding Amount | 746,385,000.00 | |||||||||
iv. | Aggregate Outstanding Amount of all Tranches of Recovery Bonds | 1,379,651,144.65 | |||||||||
| 3. | Required Funding/Payments as of Current Payment Date: | $ 52,290,708.42 | |||||||||
| Principal | Principal Due | ||||||||||
i. | Tranche A-1 | $ 15,605,438.55 | |||||||||
ii. | Tranche A-2 | - | |||||||||
iii. | Tranche A-3 | - | |||||||||
iv. | For all Tranches of Recovery Bonds: | $ | 15,605,438.55 | ||||||||
| Interest Tranche | Interest Rate | Days in Interest Period | Principal Balance | Interest Due | |||||||||||||
| v. Tranche A-1 | 4.838% | 180 | $ 260,366,144.65 | $ 6,298,257.04 | |||||||||||||
| vi. Tranche A-2 | 5.231% | 180 | 372,900,000.00 | 9,753,199.50 | |||||||||||||
| vii. Tranche A-3 | 5.529% | 180 | 746,385,000.00 | 20,633,813.33 | |||||||||||||
| viii. | For all Tranches of Recovery Bonds: | $ 36,685,269.86 | |||||||||||||||
| Required Level | Funding Required | ||||||||||||||||
| ix. Capital Subaccount | $7,096,425.00 | - | |||||||||||||||
| 4. | Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture | ||||||||||||||||
| i. | Indenture Trustee Fees and Expenses; Indemnity Amounts | $ 5,870.00 | |||||||||||||||
| ii. | Servicing Fee | 354,821.00 | |||||||||||||||
| iii. | Administration Fee | 37,500.00 | |||||||||||||||
| iv. | Other Ongoing Financing Costs Expenses | 2,000.00 | |||||||||||||||
| v. | Semi-Annual Interest (including any past-due for prior periods) | 36,685,269.86 | |||||||||||||||
| vi. | Return on PG&E Capital Contribution and any remittance of unpaid upfront financing costs | $ 192,289.00 | |||||||||||||||
| Tranche | Per $1000 of Original Principal Amount | Aggregate | |||||||||
| 1. | Tranche A-1 Interest Payment | $ 6,298.26 | $ 6,298,257.04 | ||||||||
| 2. | Tranche A-2 Interest Payment | 9,753.20 | 9,753,199.50 | ||||||||
| 3. | Tranche A-3 Interest Payment | 20,633.81 | 20,633,813.33 | ||||||||
| vii. | Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date | $ 1,379,651,144.65 | ||||||
| Tranche | Per $1000 of Original Principal Amount | Aggregate | ||||||||||||
| 1. | Tranche A-1 Principal Payment | $ 15,605.44 | $ 15,605,438.55 | |||||||||||
| 2. | Tranche A-2 Principal Payment | - | - | |||||||||||
| 3. | Tranche A-3 Principal Payment | - | - | |||||||||||
| viii. | Semi-Annual Principal | 15,605,438.55 | ||||||||||||
| ix. | Deposit to Excess Funds Subaccount | - | ||||||||||||
| x. | Released to Issuer upon Retirement of all Notes | - | ||||||||||||
| xi. | Aggregate Remittances as of Current Payment Date | $ 42,003,870.36 | ||||||||||||
| 5. | Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture: | ||||||||||
| i. | Excess Funds Subaccount | $ 10,174,445.33 | |||||||||
| ii. | Capital Subaccount | - | |||||||||
| iii. | Total Withdrawals | $ 10,174,445.33 | |||||||||
| 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 | $ 244,760,706.09 | |||||||||
| ii. | Tranche A-2 | 372,900,000.00 | |||||||||
| iii. | Tranche A-3 | 746,385,000.00 | |||||||||
| iv. | Aggregate Outstanding Amount of all Tranches of Recovery Bonds: | 1,364,045,706.09 | |||||||||
| v. | Excess Funds Subaccount Balance | 11,233,501.47 | |||||||||
| vi. | Capital Subaccount Balance | 7,476,257.15 | |||||||||
| vii. | Aggregate Collection Account Balance | $18,709,758.62 | |||||||||
| 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: Senior Director, Assistant Treasurer | ||||||||