Posted on December 18, 2015

PG&E’s Property Tax Payments Increase to $193 Million as it Further Supports Economic Development

By Paul Moreno

PG&E property taxes increased sharply this year as the utility continued to make significant investments in its gas and electric infrastructure to improve safety and reliability for its customers.

PG&E recently paid property taxes of nearly $193 million to 50 California counties. These payments cover the period from July 1 to Dec. 31, 2015. Total payments for the tax year of July 1, 2015 to June 30, 2016 will be nearly $385 million — an increase of $40 million over the prior fiscal year, or 11 percent.

PG&E is paying almost $4 million more in property taxes per year in Contra Costa County, where the company's new electric distribution control center opened in Concord this year. (Currents Archive Photo.)

“Property tax payments are one of the important ways PG&E helps contribute to the local economies, supporting essential public services like education and public safety for the 16 million Californians we serve,” said Kent Harvey, senior vice president and chief financial officer for PG&E. “This year’s higher payments reflect the substantial local investments we are making in our gas and electric infrastructure to create one of the safest and most reliable utility systems in the country.”

PG&E invested more than $5 billion this year to maintain and upgrade its gas and electrical infrastructure across Northern and Central California.

One such investment is the recently completed $40 million state-of-the-art electric distribution control center in Concord. PG&E opened a $28.5 million-control center in Fresno last year and expects to open another control center in Rocklin in early 2016. PG&E also recently broke ground to construct a $75 million-gas operations technical training center in Winters. These investments will result in additional property tax revenues in future years.

Here is a full listing of county-by-county payments:

  • Alameda — $19,658,015
  • Alpine — $59,283
  • Amador — $955,868
  • Butte — $3,320,701
  • Calaveras — $807,581
  • Colusa — $4,213,442
  • Contra Costa — $16,748,589
  • El Dorado — $1,242,561
  • Fresno — $14,431,766
  • Glenn —$673,957
  • Humboldt — $2,635,236
  • Kern — $6,305,061
  • Kings — $1,354,491
  • Lake — $694,533
  • Lassen —$34,176
  • Madera — $1,948,970
  • Marin — $2,751,855
  • Mariposa — $223,617
  • Mendocino —$1,354,151
  • Merced — $2,748,132
  • Modoc — $237,069
  • Monterey — $3,041,742
  • Napa — $1,995,743
  • Nevada — $1,024,106
  • Placer — $4,280,135
  • Plumas — $2,092,493
  • Sacramento — $4,262,535
  • San Benito — $596,308
  • San Bernardino — $1,070,988
  • San Diego — $9,596
  • San Francisco — $11,304,100
  • San Joaquin — $8,910,801
  • San Luis Obispo — $14,126,226
  • San Mateo — $10,182,039
  • Santa Barbara — $909,345
  • Santa Clara — $21,907,530
  • Santa Cruz — $1,477,645
  • Shasta — $4,567,520
  • Sierra — $110,634
  • Siskiyou — $112,143
  • Solano — $4,683,627
  • Sonoma — $5,481,752
  • Stanislaus — $1,793,334
  • Sutter — $1,107,174
  • Tehama — $1,041,243
  • Trinity — $109,639
  • Tulare — $511,830
  • Tuolumne —$752,515
  • Yolo — $1,998,803
  • Yuba — $1,070,477

Total payments — $192,931,076

Email Currents at Currents@pge.com

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