OAKLAND, Calif.— Pacific Gas and Electric Company (PG&E) paid property taxes of more than $205 million this fall to the 50 counties where the utility owns property and operates gas and electric infrastructure that serves 16 million Californians.
The semi-annual property tax payments recently made cover the period from July 1 to December 31, 2016.
Total payments for the full tax year of July 1, 2016 to June 30, 2017 is estimated to total more than $410 million—an increase of $25 million, or 6.5 percent, compared with the prior fiscal year.
First installment property taxes recently paid to East Bay counties by Dec. 12 include Alameda, $20,165,088.67 (up $507,074 or 3 percent from a year ago) and Contra Costa, 17,365,216.93, (up $616,628, or 4 percent).
One example of the many infrastructure investments PG&E has made locally is a $40 million electric distribution control center in Concord that enhances electric reliability for Bay Area and Central Coast customers.
“Property tax payments are one of the many important ways PG&E helps drive local economies and support essential public services like education and public safety. 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,” said Jason Wells, senior vice president and chief financial officer for PG&E.
PG&E invested more than $5.5 billion last year and expects to invest $5.6 billion this year to enhance and upgrade its gas and electrical infrastructure across Northern and Central California.
PG&E supports the communities it serves in a variety of ways. Last year PG&E provided more than $25 million in community grants and investments to enrich local educational opportunities, preserve the environment, and support economic vitality and emergency preparedness. PG&E employees provide thousands of hours of volunteer service in their local communities. The company also offers a broad spectrum of economic development services to help local businesses grow.
PG&E’s Fiscal Year 2016/2017 First Installment of Property Taxes
COUNTY | PAYMENT |
ALAMEDA | $20,165,088.67 |
ALPINE | 59,698.07 |
AMADOR | 994,181.46 |
BUTTE | 3,474,253.92 |
CALAVERAS | 889,269.78 |
COLUSA | 4,228,853.05 |
CONTRA COSTA | 17,365,216.93 |
EL DORADO | 1,328,055.36 |
FRESNO | 15,158,212.62 |
GLENN | 709,000.54 |
HUMBOLDT | 2,993,688.72 |
KERN | 6,782,546.65 |
KINGS | 1,498,213.34 |
LAKE | 799,463.25 |
LASSEN | 37,041.30 |
MADERA | 2,110,817.52 |
MARIN | 3,278,039.54 |
MARIPOSA | 233,480.91 |
MENDOCINO | 1,444,810.50 |
MERCED | 3,047,374.23 |
MODOC | 232,240.44 |
MONTEREY | 3,286,771.70 |
NAPA | 2,131,724.98 |
NEVADA | 1,087,886.85 |
PLACER | 4,634,815.82 |
PLUMAS | 2,167,330.12 |
SACRAMENTO | 4,991,367.18 |
SAN BENITO | 626,603.30 |
SAN BERNARDINO | 1,110,704.64 |
SAN DIEGO | 7,386.97 |
SAN FRANCISCO | 12,023,221.25 |
SAN JOAQUIN | 10,166,754.17 |
SAN LUIS OBISPO | 14,199,244.79 |
SAN MATEO | 11,064,689.76 |
SANTA BARBARA | 994,300.79 |
SANTA CLARA | 23,934,947.57 |
SANTA CRUZ | 1,565,041.64 |
SHASTA | 4,614,587.30 |
SIERRA | 112,758.26 |
SISKIYOU | 110,400.38 |
SOLANO | 5,065,704.56 |
SONOMA | 6,053,761.93 |
STANISLAUS | 1,943,839.42 |
SUTTER | 1,151,431.09 |
TEHAMA | 1,066,552.10 |
TRINITY | 116,463.70 |
TULARE | 545,515.52 |
TUOLUMNE | 800,160.45 |
YOLO | 2,174,857.59 |
YUBA | 1,026,931.87 |
TOTAL PAYMENTS | $205,605,302.50 |