Send us Feedback

Pacific Gas & Electric (PCG)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

PCG » Topics » Contractual Commitments

These excerpts taken from the PCG 8-K filed Oct 28, 2005.

Contractual Commitments

 

Utility

 

The Utility’s contractual commitments include power purchase agreements (including agreements with qualifying facilities, irrigation districts and water agencies and renewable energy providers), natural gas supply and transportation agreements, nuclear fuel agreements, operating leases and other commitments.

 

CONTRACTUAL COMMITMENTS

 

PG&E Corporation and the Utility enter into contractual obligations and commitments in connection with business activities.  These obligations need to be funded in the future and primarily relate to financing arrangements (such as long-term debt, preferred stock and certain forms of regulatory financing), purchases of transportation capacity, natural gas and electricity to support customer demand and the purchase of fuel and transportation to support the Utility’s generation

 

52


 

activities. Refer to Note 7 in the Notes to the Condensed Consolidated Financial Statements and PG&E Corporation’s and the Utility’s combined 2004 Annual Report for further discussion.

 

Utility

 

The Utility’s contractual commitments include power purchase agreements (including agreements with qualifying facilities, irrigation districts and water agencies, and renewable energy providers), natural gas supply and transportation agreements, nuclear fuel agreements, operating leases, and other commitments.

 

CAPITAL EXPENDITURES

 

The Utility’s investment in plant and equipment is necessary to replace aging and obsolete equipment and accommodate anticipated electricity and natural gas load growth.  It is estimated that the Utility’s base capital expenditures will approximate $1.9 billion in each of 2005 and 2006 (excluding potential investments in an advanced metering infrastructure, as discussed below).

 

This excerpt taken from the PCG 10-K filed Feb 18, 2005.

Contractual Commitments

Utility

        The Utility's contractual commitments include power purchase agreements (including agreements with qualifying facilities, irrigation districts and water agencies and renewable energy providers), natural gas supply and transportation agreements, nuclear fuel agreements, operating leases and other commitments.

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Oct 28, 2005
10-K
Feb 18, 2005

RELATED TOPICS for PCG:

"Contractual Commitments" elsewhere:

CMS Energy (CMS)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki