Pacific Gas and Electric Co.
The PG&E Corp.
The wildfire bill, which established the fund, does not directly impact Pacific Gas and Electric's test-year 2020 cost of debt. However, the utility said in an Aug. 2 filing that the estimated cost of debt will be impacted by its exit financing as part of its future Chapter 11 reorganization plan.
The utility plans to file a new cost of capital application on or about the time it emerges from its Chapter 11 bankruptcy proceeding. Pacific Gas and Electric said it is unable to predict the timing and outcome of the proceeding.