PG&E Corp.

Provides electricity and natural gas to Northern California.

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Headquarters:
One Market, Spear Tower, Suite 2400
San Francisco, CA 94105
Employees: 20,400
CEO: Peter Darbee
Stock Symbol: PCG

Website: http://www.pgecorp.com

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PG&E Corporation is an energy-based holding company headquartered in San Francisco. It is the parent company of Pacific Gas and Electric and serves 15 million people through a 70,000 square-mile service area that stretches from Eureka in the north to Bakersfield in the south, and from the Pacific Ocean in the west to the Sierra Nevada in the east.

PG&E is one of the nation's largest combination electric and gas utilities. The company has :

- 123,054 circuit miles of electric distriubtion lines and 18,610 circuit miles of interconnected transmission lines.
- 40,123 miles of natural gas distribution pipelines and 6,136 miles of transporation pipelines.
- 5.11 million electric customer accounts.
- 4.27 million natural gas customer accounts

Pacific Gas and Electric Company and other utilities in the state are regulated by the California Public Utilities Commission. The CPUC was created by the state Legislature in 1911.

In 2007, the company had revenues of $13.2 billion and net income of $1.00 billion.

History

In 1852, the San Francisco Gas Company is founded by Peter and James Donahue. Over the next half-century, the company merges with rival energy pioneers and competitors to form new companies. Together, they would merge the San Francisco Gas and Electric Company and California Gas and Electric Corp. to form Pacific Gas and Electric Company in 1905.

Benefits

Flex is PG&E Corporation's flexible benefits program allows employees to tailor their benefits to their lifestyles and needs. Employees receive a package of benefits that are paid by PG&E Corporation. They also receive a choice of flexible benefits, which they can purchase with the benefit dollars they receive - called FlexDollars - or through additional elective payroll deductions.

Benefits you can purchase with your FlexDollars:
- Medical
- Dental
- Vision Care
- Supplemental Life Insurance
- Health Care Reimbursement Account
- Dependent Care Reimbursement Account
- FlexDays

Other Employer-Provided Benefits
- Retirement Savings Plan
- Paid Time Off Benefits (PTO) and Holidays
- Tuition Refund
- Adoption Reimbursement

Updated February 22, 2008