PGE

Pacific Gas & Electric Company

All Dollars are in thousands

(A)

(B)

(C )*

(D)

(E)

(F)

(G)**

Target

First Earnings Claim

(B)(1) / (E)(1)

Second Earnings Claim

Third Earnings Claim

Fourth Earnings Claim

[(F)(1) - (B)(1)] / (B)(1)

1994

(1)

Performance Earnings Basis (PEB)

$129,227

$238,946

$255,902

$364,889

$362,864

(2)

Change in PEB from Previous Claim

$109,719

$16,956

$108,987

$(2,025)

% Change in PEB

85%

65%

7%

43%

-1%

52%

1995

(1)

Performance Earnings Basis (PEB)

$184,274

$232,224

$204,235

$283,690

NA

(2)

Change in PEB from Previous Claim

$47,950

$(27,989)

$79,455

% Change in PEB

26%

82%

-12%

39%

22%

1996

(1)

Performance Earnings Basis (PEB)

$78,969

$101,725

$89,747

$120,191

NA

(2)

Change in PEB from Previous Claim

$22,756

$(11,978)

$30,444

% Change in PEB

29%

85%

-12%

34%

18%

1997

(1)

Performance Earnings Basis (PEB)

$115,793

$126,324

$100,801

$132,250

NA

(2)

Change in PEB from Previous Claim

$10,531

$(25,523)

$31,449

% Change in PEB

9%

96%

-20%

31%

5%

Notes:

The PEB information can be found on the respective utility program year Table E-1 for Shared Savings programs submitted in the Annual Earnings Assessment Proceedings.

* Percent of Total Ex Post Net Benefits (PEB) Captured by the First Earnings Claim.

** Percentage Difference In the Fourth/Third Earnings Claim PEB and the First Earnings Claim PEB Relative to First Earnings Claim PEB.

Program Year 1994 is based on the Fourth Earnings Claim PEB. All other years are based on the Third Year Earnings Claim PEB.


			Pacific Gas & Electric Company
			All Dollars are in thousands

		(A)	(B)	(C )*	(D)	(E)	(F)	(G)**
		Target	First Earnings Claim	(B)(1) / (E)(1)	Second Earnings Claim	Third Earnings Claim	Fourth Earnings Claim	[(F)(1) - (B)(1)] / (B)(1)
	1994
(1)	Performance Earnings Basis (PEB)	$129,227	$238,946		$255,902	$364,889	$362,864
(2)	Change in PEB from Previous Claim		$109,719		$16,956	$108,987	$(2,025)
	% Change in PEB		85%	65%	7%	43%	-1%	52%

	1995
(1)	Performance Earnings Basis (PEB)	$184,274	$232,224		$204,235	$283,690	NA
(2)	Change in PEB from Previous Claim		$47,950		$(27,989)	$79,455
	% Change in PEB		26%	82%	-12%	39%		22%

	1996
(1)	Performance Earnings Basis (PEB)	$78,969	$101,725		$89,747	$120,191	NA
(2)	Change in PEB from Previous Claim		$22,756		$(11,978)	$30,444
	% Change in PEB		29%	85%	-12%	34%		18%

	1997
(1)	Performance Earnings Basis (PEB)	$115,793	$126,324		$100,801	$132,250	NA
(2)	Change in PEB from Previous Claim		$10,531		$(25,523)	$31,449
	% Change in PEB		9%	96%	-20%	31%		5%

	Notes:

	The PEB information can be found on the respective utility program year Table E-1 for Shared Savings programs submitted in the Annual Earnings Assessment Proceedings.
	* Percent of Total Ex Post Net Benefits (PEB) Captured by the First Earnings Claim.
	** Percentage Difference In the Fourth/Third Earnings Claim PEB and the First Earnings Claim PEB Relative to First Earnings Claim PEB.
	Program Year 1994 is based on the Fourth Earnings Claim PEB. All other years are based on the Third Year Earnings Claim PEB.