Pacific Gas and Electric Company $550,000,000 Aggregate Principal Amount 5.40% Senior Notes due January 15, 2040 Underwriting AgreementUnderwriting Agreement • November 18th, 2009 • Pacific Gas & Electric Co • Electric & other services combined • New York
Pacific Gas and Electric Company, a corporation organized under the laws of California (the “Company”), proposes to sell to the several underwriters named in Schedule II hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, $550,000,000 aggregate principal amount of 5.40% Senior Notes due January 15, 2040 having the terms set forth in Schedule I hereto (the “Securities”), to be issued under an indenture, amended and restated as of April 22, 2005 and further amended by a Seventh Supplemental Indenture dated as of June 9, 2009 (the “Base Indenture”) and supplemented by a supplemental indenture, to be dated as of November 18, 2009 (the “ Eighth Supplemental Indenture” and together with the Base Indenture, the “Indenture”), between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”). To the extent there are no additional Underwriters listed on Schedule I other than you, the term Representatives as used herei
