Pacific Gas and Electric Company $[•] Aggregate Principal Amount [[•]%][Floating Rate] Senior Notes due [•], 20[__] Underwriting AgreementUnderwriting Agreement • February 23rd, 2011 • 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, $[•] aggregate principal amount of [[•]%][Floating Rate] Senior Notes due [•], 20[__] 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, as supplemented by the Seventh Supplemental Indenture thereto dated as of June 11, 2009 (the “Base Indenture”) and as further supplemented by the [_________] Supplemental Indenture, to be dated as of [•], 20[__] (the “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 Represen
