PG&E’S GRC

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:  March 5, 2002

 


Commission
File
Number

Exact Name of
Registrant
as specified in
its charter


State or other
Jurisdiction of
Incorporation


IRS Employer
  Identification
Number

 

_____________

_____________

_____________

_____________

 

1-12609

1-2348

PG&E Corporation

Pacific Gas and
Electric Company

California

California

94-3234914

94-0742640


Pacific Gas and Electric Company
77 Beale Street, P. O. Box 770000
San Francisco, California  94177

   

PG&E Corporation
One Market, Spear Tower, Suite 2400
San Francisco, California  94105

 

(Address of principal executive offices) (Zip Code)

Pacific Gas and Electric Company
(415) 973-7000

   

PG&E Corporation
(415) 267-7000

(Registrant's telephone number, including area code)

Item 5. Other Events

Pacific Gas and Electric Company Bankruptcy

On March 4, 2002, the Utility filed its monthly operating report for the month ended January 31, 2002, with the Bankruptcy Court. The Utility's monthly operating report includes an unaudited income statement for the month and an unaudited balance sheet dated as of the end of the month. These unaudited financial statements are attached as Exhibit 99 to this report. Although not included in Exhibit 99, the monthly operating report also includes a statement of receipts and disbursements, as well as other information. The preliminary financial statements were prepared using certain assumptions and estimates that are subject to revision. Any adjustments for these estimates (based upon changes in facts and circumstances, further analysis, and other factors) will be reflected in the financial statements in the period during which such adjustments are made. These adjustments could have a material impact on reported results in the future.

Item 7. Financial Statements, Pro Forma Financial Information, and Exhibits

Exhibit 99 - Pacific Gas and Electric Company Income Statement for the month ended January 31, 2002, and Balance Sheet dated January 31, 2002.


                                                   

SIGNATURE

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

                                                   

By:  CHRISTOPHER P. JOHNS

                                                   

                                                                  

                                     

       CHRISTOPHER P. JOHNS
       Senior Vice President and Controller

                                                  

PACIFIC GAS AND ELECTRIC COMPANY

                                                  

By:  KENT M. HARVEY

                                                  

                                                                      

                                                  

     KENT M. HARVEY
     Senior Vice President, Chief Financial Officer, and Treasurer

Dated:  March 5, 2002