SEMI-ANNUAL SERVICER’S CERTIFICATE

EXHIBIT 99.2

Dated as of November 22, 2023

Pursuant to Section 4.01(c)(ii) of the Recovery Property Servicing Agreement, dated as of July 20, 2022 (the “Servicing Agreement”), between, PACIFIC GAS AND ELECTRIC COMPANY, a California corporation, as Servicer (the “Servicer”), and PG&E Wildfire Recovery Funding LLC, as Issuer (the “Issuer”), the Servicer does hereby certify, for the June 1, 2023 Payment Date (the “Current Payment Date”), as follows:

Capitalized terms used herein have their respective meanings as set forth in the Indenture. References herein to certain sections and subsections are references to the respective sections of the Servicing Agreement or the Indenture, as the context indicates.

Collection Periods: May 1, 2023 to October 31, 2023

Payment Date: December 1, 2023

Collections Allocable and Aggregate Amounts Available for the Current Payment Date:

Fixed Recovery Charge Remittances

Estimated Fixed Recovery Charges Remitted for May Collection Period 1

$7,814,011.37

Estimated Fixed Recovery Charges Remitted for June Collection Period

$29,726,891.11

Estimated Fixed Recovery Charges Remitted for July Collection Period

$29,468,380.29

Estimated Fixed Recovery Charges Remitted for August Collection Period

$32,292,019.00

Estimated Fixed Recovery Charges Remitted for September Collection Period

$33,869,032.78

Estimated Fixed Recovery Charges Remitted for October Collection Period

$33,115,520.00

Total Estimated Fixed Recovery Charge Remittances

$166,285,854.55

ii.

Investment Earnings on Collection Account

iii.

Investment Earnings on Capital Subaccount

$497,554.59

iv.

Investment Earnings on Excess Funds Subaccount

$90,067.57

Investment Earnings on General Subaccount

$2,614,393.31

vi.

General Subaccount Balance (sum of i and v above)

$168,900,247.86

vii.

Excess Funds Subaccount Balance as of Prior Payment Date

viii.

Capital Subaccount Balance as of Prior Payment Date

$19,823,542.78

ix.

Collection Account Balance (sum of vi through vii above)

$168,900,247.86

Outstanding Amounts as of Prior Payment Date:

Tranche A-1 Outstanding Amount

$ 576,590,692.00

ii.

Tranche A-2 Outstanding Amount

600,000,000.00

iii.

Tranche A-3 Outstanding Amount

500,040,000.00

iv.

Tranche A-4 Outstanding Amount

1,149,960,000.00

Tranche A-5 Outstanding Amount

1,036,920,000.00

vi.

Aggregate Outstanding Amount of all Tranches of Recovery Bonds

$ 3,863,510,692.00

Required Funding/Payments as of Current Payment Date:

$126,234,599.00


Principal			Principal Due
i.Tranche A-1			$31,365,611.00
Tranche A-2			-

1. May 2023 total remittances equaled $36,636,914.82 out of which $28,822,903.45 was reported in the Semi-Annual Certificate filed in June 2023.


iii.	Tranche A-3	0
iv.	Tranche A-4	-
v.	Tranche A-5	-
vi.	For all Tranches of Recovery Bonds:	$31,365,611.00


Interest Tranche Interest Rate Days in Interest Period 2	Principal	Interest Due
v. Tranche A-1 4.022.% 180 $ 576,590,692.00		$11,595,238.82
vi. Tranche A-2 4.722% 180 600,000,000.00		14,166,000.00
vii. Tranche A-3 5.081% 180 500,040,000.00		12,703,516.20
vii. Tranche A-4 5.212% 180 1,149,960,000.00		29,967,957.60
vii. Tranche A-5 5.099% 180 1,036,920,000.00		26,436,275.40
viii. For all Tranches of Recovery Bonds:		$94,868,988.02
	Required Level	Funding Required
ix. Capital Subaccount	$ 19,500,000.00	$ -
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture
i. Indenture Trustee Fees and Expenses; Indemnity Amounts3		$4,400.00
ii. Servicing Fee		$975,000.00
iii. Administration Fee		$50,000.00
iv. Other Ongoing Financing Costs Expenses		$113,034.40
v. Semi-Annual Interest (including any past-due for prior periods)		94,868,988.02
vi. Return on PG&E Capital Contribution and any remittance of unpaid upfront financing costs		$492,823.50


Tranche				Per $1000 of Original Principal Amount	Aggregate
1	Tranche A-1 Interest Payment			$11,595.24	$11,595,238.82
2	Tranche A-2 Interest Payment			14,166.00	14,166,000.00
3	Tranche A-3 Interest Payment			12,703.52	12,703,516.20
4	Tranche A-4 Interest Payment			29,967.96	29,967,957.60
5	Tranche A-5 Interest Payment			26,436.28	26,436,275.40
		vii.	Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date		$3,863,510,692
			Tranche	Per $1000 of Original Principal Amount	Aggregate
1		Tranche A-1 Principal Payment		$31,365,611.00	$31,365,611.00
2		Tranche A-2 Principal Payment		-	-
3		Tranche A-3 Principal Payment		-	-
4		Tranche A-4 Principal Payment		-	-
5		Tranche A-5 Principal Payment		-	-
viii.		Semi-Annual Principal			31,365,611.00
ix.		Deposit to Excess Funds Subaccount			$41,030,390.94
x.		Released to Issuer upon Retirement of all Notes			-
xi.		Aggregate Remittances as of Current Payment Date			$166,285,854.55

2 On 30/360 day basis for initial payment date; otherwise use one-half of annual rate

3 Subject to $200,000 cap per annum

Subaccount Withdrawals as of Current Payment (if applicable, pursuant to Section 8.02(e) of Indenture:

Excess Funds Subaccount

ii.

Capital Subaccount

iii.

Total Withdrawls

5.Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date):


i. Tranche A-1		$545,225,081.00
ii. Tranche A-2		600,000,000.00
iii. Tranche A-3		500,040,000.00
iv. Tranche A-4		1,149,960,000.00
v. Tranche A-5		1,036,920,000.00
vi. Aggregate Outstanding Amount of all Tranches of Recovery Bonds:		$3,832,145,081.00
vii. Excess Funds Subaccount Balance		$41,030,390.94
viii. Capital Subaccount Balance		$20,321,097.37
ix. Aggregate Collection Account Balance		$61,351,488.31
7.	Shortfalls in Interest and Principal Payments as of Current Payment Date
i.	Semi-annual Interest
	Tranche A-1 Interest Payment	$ -
	Tranche A-2 Interest Payment	-
	Tranche A-3 Interest Payment	-
	Tranche A-4 Interest Payment	-
	Tranche A-5 Interest Payment	-
ii.	Semi-Annual Principal
	Tranche A-1 Principal Payment	-
	Tranche A-2 Principal Payment	-
	Tranche A-3 Principal Payment	-
	Tranche A-4 Principal Payment	-
	Tranche A-5 Principal Payment	-
8	Shortfalls in Required Subaccount Levels as of Current Payment Date

ii.Capital Subaccount $ -

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Semi-Annual Servicer’s Certificate as of the date first above written.

SERVICER:

PACIFIC GAS AND ELECTRIC COMPANY,
a California corporation

By: /s/ XXXXXXXX X. XXXXXX
Name: Xxxxxxxx X Xxxxxx
Title: Vice President and Treasurer

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SEMI-ANNUAL SERVICER’S CERTIFICATE

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