Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, December 14, 2020

PG&E pays more than $268M in property taxes to 50 California Counties (NYSE:PCG) | Seeking Alpha

PG&E pays more than $268M in property taxes to 50 California Counties (NYSE:PCG) | Seeking Alpha: For 2H20, Pacific Gas and Electric (PCG +0.6%) paid property taxes of over $268M to the 50 counties where it owns properties that support gas and electric service to 16M Californians.Total payments for the tax year of July 1, 2020, to, June 30, 2021, are more than $537M — an increase of ~$28M, or 5.5%, compared with the prior tax year.The increase in property tax payments reflect PG&E's continuing investments to enhance and upgrade its gas and electrical infrastructure for safety, reliability and wildfire mitigation across Northern and Central California.

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