EDITORS: Please do not use
"Pacific Gas and Electric" or "PG&E" when
referring to PG&E Corporation or its National Energy Group.
The PG&E National Energy Group is not the same company as Pacific
Gas and Electric Company, the utility, and is not regulated by the
California Public Utilities Commission. Customers of Pacific Gas
and Electric Company do not have to buy products or services from
the National Energy Group in order to continue to receive quality
regulated services from Pacific Gas and Electric Company.
AND ELECTRIC COMPANY RESPONDS TO STATE SENATECOMMITTEE; IT DID NOT
HAVE ANY BUSINESS RELATIONSHIPS WITH PEROT SYSTEMS
SAN FRANCISCO - Pacific
Gas and Electric Company today informed the California State Senate
Select Committee to Investigate Price Manipulation of the Wholesale
Energy Market that it did not have any contracts or other business
relationships with Perot Systems.
The Committee asked California's
investor-owned electric utilities and other energy providers to
indicate any business relationships and contacts with Perot Systems.
Last week, PG&E provided responses to the Committee's earlier inquiry
relating to trading practices. In that response, the utility told
the Committee that it did not engage in any Enron-style trading
A copy of Pacific Gas and
Electric Company's letter to Senator Dunn is available on the utility's
website at www.pge.com.