PRESS RELEASES 2000 RELEASE
FOR IMMEDIATE RELEASE
December 13, 2000
Contact: PG&E News Department (415) 973-5930
EDITORS: Please do not use "Pacific Gas and Electric" or "PG&E" when referring to PG&E Corporation or its National Energy Group. The PG&E National Energy Group is not the same company as Pacific Gas and Electric Company, the utility, and is not regulated by the California Public Utilities Commission. Customers of Pacific Gas and Electric Company do not have to buy products or services from the National Energy Group in order to continue to receive quality regulated services from Pacific Gas and Electric Company.

PG&E CORPORATION CEO APPLAUDES STATE AND FEDERAL LEADERSHIP ON ENERGY CRISIS

SAN FRANCISCO - PG&E Corporation Chairman, CEO, and President Robert D. Glynn, Jr. today issued the following statement in response to the announcements made by Energy Secretary Bill Richardson, Federal Energy Regulatory Commission Chairman James Hoecker, Senator Dianne Feinstein, and Governor Gray Davis, regarding California's power crisis:

"PG&E Corporation appreciates the leadership shown today by state and federal officials in addressing the crisis in California's energy sector. They are clearly working to find solutions to the immediate crisis, giving Californians reason for optimism that long-term solutions can be developed, as well.

"I am especially gratified that Governor Davis and Senator Feinstein underscored the irreplaceable role that California's utilities have in powering the state's economy. Governor Davis and Senator Feinstein see clearly that only financially healthy utilities can continue to provide service, and ultimately must play a role in fostering long-term solutions.

"We applaud Secretary Richardson for taking immediate actions to make additional power available to California at reasonable costs. We also welcome his call for a settlement conference of the parties and would participate in any such forum."


 

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