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This excerpt taken from the PCG 8-K filed Oct 28, 2005. ITEM 5. OTHER
INFORMATION
Ratio of Earnings to Fixed Charges and Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
Pacific Gas and Electric Company, or the Utility’s, earnings to fixed charges ratio for the three months ended March 31, 2005, was 3.27. The Utility’s earnings to combined fixed charges and preferred stock dividends ratio for the three months ended March 31, 2005, was 3.09. The statement of the foregoing ratios, together with the statements of the computation of the foregoing ratios filed as Exhibits 12.1 and 12.2 hereto, are included herein for the purpose of incorporating such information and exhibits into the Utility’s Registration Statement Nos. 33-62488 and 333-109994 relating to various series of the Utility’s first preferred stock and its senior secured bonds, respectively.
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