SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION

     

Washington, D.C.  20549

     

     

FORM 8-K

     

CURRENT REPORT

      

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     

Date of Report: December 23, 2003

     

     


Commission
File
Number

Exact Name of
Registrant
as specified in
its charter


State or other
Jurisdiction of
Incorporation


IRS Employer
  Identification
Number

_____________

_____________

_____________

_____________

1-12609

1-2348

PG&E Corporation

Pacific Gas and
Electric Company

California

California

94-3234914

94-0742640

     

     

     

     

Pacific Gas and Electric Company
77 Beale Street, P. O. Box 770000
San Francisco, California  94177

PG&E Corporation
One Market, Spear Tower, Suite 2400
San Francisco, California  94105

     

(Address of principal executive offices) (Zip Code)

     

Pacific Gas and Electric Company
(415) 973-7000

PG&E Corporation
(415) 267-7000

     

(Registrant's telephone number, including area code)

     

Inapplicable

(Former Name or Former Address, if Changed Since Last Report)

Item 5.     Other Events

          On December 22, 2003, the U.S. Bankruptcy Court for the Northern District of California (Bankruptcy Court) issued an order confirming Pacific Gas and Electric Company’s (Utility) plan of reorganization (Settlement Plan) under Chapter 11 of the U.S. Bankruptcy Code after a hearing and review of certain modifications to the Settlement Plan made in order to conform to the settlement agreement (Settlement Agreement) entered into among the Utility, its parent, PG&E Corporation, and the California Public Utilities Commission.  The Bankruptcy Court also approved the Settlement Agreement and found that the terms of the Settlement Agreement were enforceable by the Bankruptcy Court as material provisions of the Settlement Plan as if they were set forth verbatim in the Settlement Plan.

           The Bankruptcy Court scheduled a hearing on January 5, 2004 to consider proposed findings of fact and conclusions of law.  Further, if any appeals of the confirmation order are filed and if a motion to stay the order pending appeal is filed with the Bankruptcy Court, the Bankruptcy Court will hear arguments on any motions to stay the confirmation order on January 5, 2004.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934 the registrants have duly caused this report to be signed on their behalf by the undersigned thereunto duly authorized.

                                                    

PG&E CORPORATION

      

                                                    

By:  

LINDA Y.H. CHENG
________________________________________

                                                    

  

LINDA Y.H. CHENG
Corporate Secretary

     

                                                    

PACIFIC GAS AND ELECTRIC COMPANY

                                                    

By:  

LINDA Y.H. CHENG
________________________________________

                                                    

  

LINDA Y.H. CHENG
Corporate Secretary

Dated:  

   December 23, 2003