Pacific Gas and Electric Company $400,000,000 Aggregate Principal Amount of 4.45% Senior Notes due April 15, 2042 Underwriting AgreementUnderwriting Agreement • April 16th, 2012 • 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, $400,000,000 aggregate principal amount of 4.45% Senior Notes due April 15, 2042 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 (the “Base Indenture”), as supplemented by the Seventh Supplemental Indenture dated as of June 11, 2009, and as further supplemented by the Seventeenth Supplemental Indenture to be dated as of April 16, 2012 (the “Supplemental Indenture,” and together with the Base Indenture as supplemented, 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 R
