SEMI-ANNUAL SERVICER’S CERTIFICATE

EXHIBIT 99.1

SEMI-ANNUAL SERVICER’S CERTIFICATE

Dated as of May 24, 2024

Pursuant to Section 4.01(c)(ii) of the Recovery Property Servicing Agreement, dated as of May 10, 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, 2024 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: November 1, 2023 to April 30, 2024

Payment Date: June 3, 2024

1

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

Fixed Recovery Charge Remittances

a.

Estimated Fixed Recovery Charges Remitted for November Collection Period

$14,453,226.00

b.

Estimated Fixed Recovery Charges Remitted for December Collection Period

$12,288,454.00

c.

Estimated Fixed Recovery Charges Remitted for January Collection Period

$13,659,599.00

d.

Estimated Fixed Recovery Charges Remitted for February Collection Period

$14,197,419.00

e.

Estimated Fixed Recovery Charges Remitted for March Collection Period

$11,604,469.00

f.

Estimated Fixed Recovery Charges Remitted for April Collection Period

$13,725,571.00

i.

Total Estimated Fixed Recovery Charge Remittances

$79,928,738.00

ii.

Investment Earnings on Collection Account

iii.

Investment Earnings on Capital Subaccount

$500,709.70

iv.

Investment Earnings on Excess Funds Subaccount

$1,114,815.98

v.

Investment Earnings on General Subaccount

$1,423,803.36

vi.

General Subaccount Balance (sum of i and v above)

$81,352,541.36

vii.

Excess Funds Subaccount Balance as of Prior Payment Date

$32,664,405.74

viii.

Capital Subaccount Balance as of Prior Payment Date

$18,884,662.44

ix.

Collection Account Balance (sum of vi through vii above)

$114,016,947.10

2

Outstanding Amounts as of Prior Payment Date:

i.

Tranche A-1 Outstanding Amount

$444,570,830.00

ii.

Tranche A-2 Outstanding Amount

$540,000,000.00

iii.

Tranche A-3 Outstanding Amount

$360,000,000.00

iv.

Tranche A-4 Outstanding Amount

$1,260,000,000.00

v.

Tranche A-5 Outstanding Amount

$900,000,000.00

vi.

Aggregate Outstanding Amount of all Tranches of Recovery Bonds

$3,504,570,830.00

3

Required Funding/Payments as of Current Payment Date:

$108,401,035.82

			Principal			Principal Due
i.			Tranche A-1			$31,949,098.00
ii.			Tranche A-2			-
iii.			Tranche A-3			-
iv.			Tranche A-4			-
v.			Tranche A-5			-
vi.			For all Tranches of Recovery Bonds:			$31,949,098.00

Interest Tranche    Interest Rate    Days in Interest Period			Principal			Interest Due
v. Tranche A-1    3.594%    180    $444,570,830.00						$7,988,937.82
vi. Tranche A-2    4.263%    180    540,000,000.00						11,510,100.00
vii. Tranche A-3    4.377%    180    360,000,000.00						7,878,600.00
vii. Tranche A-4    4.451%    180    1,260,000,000.00						28,041,300.00
vii. Tranche A-5    4.674%    180    900,000,000.00						21,033,000.00
viii. For all Tranches of Recovery Bonds:						$76,451,937.82
			Required Level			Funding Required
ix. Capital Subaccount			$ 18,000,000.00			$ -
4. Allocation of Remittances as of Current Payment Date Pursuant to 8.02(e) of Indenture
i.    Indenture Trustee Fees and Expenses; Indemnity Amounts1						$2,200.00
ii.    Servicing Fee						$900,000.00
iii.    Administration Fee						$62,500.00
iv.    Other Ongoing Financing Costs Expenses						$111,500.00
v.    Semi-Annual Interest (including any past-due for prior periods)						$76,451,937.82
vi.    Return on PG&E Capital Contribution and any remittance of unpaid upfront financing costs						$403,380.00

Tranche												Per $1000 of Original Principal Amount						Aggregate
1			Tranche A-1 Interest Payment									$7,988.94						$7,988,937.82
2			Tranche A-2 Interest Payment									11,510.10						11,510,100.00
3			Tranche A-3 Interest Payment									7,878.60						7,878,600.00
4			Tranche A-4 Interest Payment									28,041.30						28,041,300.00
5			Tranche A-5 Interest Payment									$21,033.00						$ 21,033,000.00
						vii.			Principal Due and Payable as a Result of an Event of Default or on Final Maturity Date						$3,504,570,830.00
									Tranche			Per $1000 of Original Principal Amount						Aggregate
1						Tranche A-1 Principal Payment						$31,949.10						$31,949,098.00
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												$31,949,098.00

ix.

Deposit to Excess Funds Subaccount

0

x.

Released to Issuer upon Retirement of all Notes

-

xi.

Aggregate Remittances as of Current Payment Date

$79,928,738.00

5.

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

1 Subject to $200,000 cap per annum

i.			Excess Funds Subaccount			$28,528,074.46
ii.			Capital Subaccount			-
iii.			Total Withdrawals			$28,528,074.46

6.    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						$412,621,732.00
ii.    Tranche A-2						540,000,000.00
iii.    Tranche A-3						360,000,000.00
iv.    Tranche A-4						1,260,000,000.00
v.    Tranche A-5						900,000,000.00
vi.    Aggregate Outstanding Amount of all Tranches of Recovery Bonds:						$3,472,621,732.00
vii.    Excess Funds Subaccount Balance						$4,056,935.91
viii.    Capital Subaccount Balance						$19,385,372.14
ix.    Aggregate Collection Account Balance						$23,442,308.05
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