ALJ/KJB/lil Date of Issuance 5/15/2012

Decision 12-05-014 May 10, 2012

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application of Pacific Gas and Electric Company for Authority to Increase Electric Rates and Charges to Recover Costs Relating to California Solar Photovoltaic Manufacturing Development Facility. (U39E)

Application 10-11-002 (Filed November 1, 2010)

DECISION DENYING APPLICATION

1. Summary

We deny the application of Pacific Gas and Electric Company to invest $9.9 million of ratepayer funds in Silicon Valley Technology Corporation.