7. Assignment of the Proceeding

Michael R. Peevey is the assigned Commissioner and Timothy Kenney is the assigned ALJ in this proceeding.

Findings of Fact

1. PG&E filed its 2007-2008 Winter Hedging Plan at the Commission via Advice Letter 2841-G, dated June 8, 2007. The 2007-2008 Winter Hedging Plan was deemed confidential and placed under seal at the Commission for a three-year period pursuant to D.07-06-013.

2. Public disclosure of PG&E's 2007-2008 Winter Hedging Plan at this time would place PG&E at an unfair business disadvantage with respect to sophisticated traders of gas hedges.

3. PG&E's 2007-2008 Winter Hedging Plan will likely become obsolete at some point in the future and subject to public disclosure at that time.

Conclusions of Law

1. The public interest served by not disclosing PG&E's 2007-2008 Winter Hedging Plan outweighs the public interest served by disclosure of the Plan.

2. PG&E's 2007-2008 Winter Hedging Plan at the Commission should remain under seal until three years from the effective date of the following order.

3. PG&E should be authorized to file an application to seek an extension of the protective order granted by today's decision. The application should (i) be filed at least six months prior to the expiration of today's decision, and (ii) state when PG&E expects its 2007-2008 Winter Hedging Plan will be obsolete and no longer eligible for confidential treatment.

4. The following order should be effective immediately.

ORDER

IT IS ORDERED that:

1. Pacific Gas and Electric Company's 2007-2008 Winter Hedging Plan at the Commission shall remain under seal until three years from the effective date of this order. While under seal, the document shall not be provided or disclosed to anyone other than the Commission and its staff, except upon further order or ruling of the Commission, the assigned Commissioner, the assigned Administrative Law Judge (ALJ), or the Law and Motion ALJ.

2. Pacific Gas and Electric Company (PG&E) may seek to extend the protective order granted by today's decision by filing an application at least six months prior to the expiration of today's decision. The application shall state when PG&E expects its 2007-2008 Winter Hedging Plan will be obsolete and no longer eligible for confidential treatment.

3. Application 10-10-006 is granted and denied to the extent set forth in the previous ordering paragraphs.

4. Application 10-10-006 is closed.

This order is effective today.

Dated January 27, 2011, at San Francisco, California.

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