EXHIBIT A-26 

Exhibit A-26 Page 706

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Twenty-Sixth Supplemental Indenture 

Dated as of November 5, 2015 

Supplement to the Amended and Restated Indenture 

Dated as of April 22, 2005 

PACIFIC GAS AND ELECTRIC COMPANY 

Issuer 

and 

THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A. 

Trustee 

OHSLISA:763628595.3 

Exhibit A-26 Page 707

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TABLE OF CONTENTS 

Page 

ARTICLE I DEFINITIONS 2 

ARTICLE II REOPENING OF 3.50% SENIOR NOTES 4 

ARTICLE III ESTABLISHMENT OF THE 4.25% SENIOR NOTES 4 

SECTION 301 Establishment and Designation of the 4.25% Senior Notes 4 

SECTION 302 Form of the 4.25% Senior Notes 5 

SECTION 303 Principal Amount of the 4.25% Senior Notes 5 

SECTION 304 Interest Rates; Stated Maturity of the 4.25% Senior Notes; 

Minimum Denomination 5 

SECTION 305 No Sinking Fund 5 

SECTION 306 Paying Agent and Bond Registrar 5 

SECTION 307 Global Securities; Appointment of Depositary for Global 

Securities 5 

SECTION 308 Other Terms of the 4.25% Senior Notes 6 

ARTICLE IV OPTIONAL REDEMPTION 4.25% SENIOR NOTES BY 

COMPANY 6 

SECTION 401 Optional Redemption of 4.25% Senior Notes 6 

SECTION 402 Calculation of Redemption Price 6 

SECTION 403 Notice of Redemption 7 

ARTICLE V MISCELLANEOUS 7 

SECTION 501 Application of Twenty-Sixth Supplemental Indenture 7 

SECTION 502 Effective Date of Twenty-Sixth Supplemental Indenture 7 

SECTION 503 Counterparts 7 

EXHIBIT A 

EXHIBIT B 

OHSUSA 763628595.3 

Exhibit A-26 Page 708

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TWENTY-SIXTH SUPPLEMENTAL INDENTURE, dated as of November 5, 2015 

(this "Twenty-Sixth Supplemental Indenture"), by and between PACIFIC GAS AND 

ELECTRIC COMPANY, a corporation duly organized and existing under the laws of the State 

of California (the "Company" or the "Issuer"), and THE BANK OF NEW YORK MELLON 

TRUST COMPANY, N.A., a national banking association organized and existing under the 

laws of the United States of America (formerly known as The Bank of New York Trust 

Company, N.A.), as Trustee under the Base Indenture (as hereinafter defined) (the "Trustee"). 

RECITALS OF THE COMPANY 

A. The Company and the Trustee are parties to that certain Amended and Restated 

Indenture, dated as of April 22, 2005 (the "Base Indenture"), as supplemented by the First 

Supplemental Indenture, dated as of March 13, 2007 (the "First Supplemental Indenture"), the 

Second Supplemental Indenture, dated as of December 4, 2007 (the "Second Supplemental 

Indenture"), the Third Supplemental Indenture, dated as of March 3, 2008 (the "Third 

Supplemental Indenture"), the Fourth Supplemental Indenture, dated as of October 21, 2008 (the 

"Fourth Supplemental Indenture"), the Fifth Supplemental Indenture, dated as of November 18, 

2008 (the "Fifth Supplemental Indenture"), the Sixth Supplemental Indenture, dated as of March 

6, 2009 (the "Sixth Supplemental Indenture"), the Seventh Supplemental Indenture, dated as of 

June 11, 2009 (the "Seventh Supplemental Indenture"), the Eighth Supplemental Indenture, 

dated as of November 18, 2009 (the "Eighth Supplemental Indenture"), the Ninth Supplemental 

Indenture, dated as of April 1, 2010 (the "Ninth Supplemental Indenture"), the Tenth 

Supplemental Indenture, dated as of September 15, 2010 (the "Tenth Supplemental Indenture"), 

the Eleventh Supplemental Indenture, dated as of October 12, 2010 (the "Eleventh Supplemental 

Indenture"), the Twelfth Supplemental Indenture, dated as of November 18, 2010 (the "Twelfth 

Supplemental Indenture"), the Thirteenth Supplemental Indenture, dated as of May 13, 2011 (the 

"Thirteenth Supplemental Indenture"), the Fourteenth Supplemental Indenture, dated as of 

September 12, 2011 (the "Fourteenth Supplemental Indenture"), the Fifteenth Supplemental 

Indenture, dated as of November 22, 2011 (the "Fifteenth Supplemental Indenture"), the 

Sixteenth Supplemental Indenture, dated as of December I, 2011 (the "Sixteenth Supplemental 

Indenture"), the Seventeenth Supplemental Indenture, dated as of April 16, 2012 (the 

"Seventeenth Supplemental Indenture"), the Eighteenth Supplemental Indenture, dated as of 

August 16, 2012 (the "Eighteenth Supplemental Indenture"), the Nineteenth Supplemental 

Indenture, dated as of June 14, 2013 (the "Nineteenth Supplemental Indenture"), the Twentieth 

Supplemental Indenture, dated as of November 12, 2013 (the "Twentieth Supplemental 

Indenture"), the Twenty-First Supplemental Indenture, dated as of February 21, 2014 (the 

"Twenty-First Supplemental Indenture"), the Twenty-Second Supplemental Indenture, dated as 

of May 12, 2014 (the "Twenty-Second Supplemental Indenture"), the Twenty-Third 

Supplemental Indenture, dated as of August 18, 2014 (the "Twenty-Third Supplemental 

Indenture"), the Twenty-Fourth Supplemental Indenture, dated as of November 6, 2014 (the 

"Twenty-Fourth Supplemental Indenture"), the Twenty-Fifth Supplemental Indenture, dated as 

of June 12, 2015 (the "Twenty-Fifth Supplemental Indenture"), and this Twenty-Sixth 

Supplemental Indenture, and together with the Base Indenture, the First Supplemental Indenture, 

the Second Supplemental Indenture, the Third Supplemental Indenture, the Fourth Supplemental 

Indenture, the Fifth Supplemental Indenture, the Sixth Supplemental Indenture, the Seventh 

Supplemental Indenture, the Eighth Supplemental Indenture, the Ninth Supplemental Indenture, 

the Tenth Supplemental Indenture, the Eleventh Supplemental Indenture, the Twelfth 

OHSUSA:763628595.3 

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Supplemental Indenture, the Thirteenth Supplemental Indenture, the Fourteenth Supplemental 

Indenture, the Fifteenth Supplemental Indenture, the Sixteenth Supplemental Indenture, the 

Seventeenth Supplemental Indenture, the Eighteenth Supplemental Indenture, the Nineteenth 

Supplemental Indenture, the Twentieth Supplemental Indenture, the Twenty-First Supplemental 

Indenture, the Twenty-Second Supplemental Indenture, the Twenty-Third Supplemental 

Indenture, the Twenty-Fourth Supplemental Indenture and the Twenty-Fifth Supplemental 

Indenture, the "Indenture"), which supplements, amends and restates that certain Indenture of 

Mortgage, dated as of March 11, 2004, as supplemented by the First Supplemental Indenture 

thereto, dated as of March 23, 2004 and the Second Supplemental Indenture thereto, dated as of 

April 12, 2004, providing for the issuance by the Company of an unlimited number of series of 

Bonds (as defined in the Base Indenture) from time to time. 

B. Under the Base Indenture, the Company is authorized to establish one or more 

series of Bonds at any time in accordance with and subject to the provisions of the Base 

Indenture, and the terms of such series of Bonds may be described by a supplemental indenture 

executed by the Company and the Trustee. 

C. The execution and delivery of this Twenty-Sixth Supplemental Indenture has been 

authorized by a Board Resolution (as defined in the Base Indenture). 

D. Concurrent with the execution hereof, the Company has caused its counsel to 

deliver to the Trustee an Opinion of Counsel (as defined in the Base Indenture) pursuant to 

Section 13.03 of the Base Indenture, together with the documents required under Article V of the 

Base Indenture. 

E. The Company has done all things necessary to make this Twenty-Sixth 

Supplemental Indenture a valid agreement of the Company, in accordance with its terms. 

NOW, THEREFORE, the Company and the Trustee agree, for the benefit of each other 

and for the equal and proportionate benefit of Holders of the 3.50% Senior Notes and the 4.25% 

Senior Notes (both as defined below) with respect to all provisions herein applicable to each 

such series of notes, as follows: 

ARTICLE I 

DEFINITIONS 

Unless the context otherwise requires, capitalized terms used but not defined herein have 

the meaning set forth in the Indenture. The following additional terms are hereby established for 

purposes of this Twenty-Sixth Supplemental Indenture and shall have the meanings set forth in 

this Twenty- Sixth Supplemental Indenture only for purposes of this Twenty- Sixth 

Supplemental Indenture: 

"3.50% Senior Notes" has the meaning set forth in Article II hereto. 

"4.25% Senior Notes" has the meaning set forth in Section 301 hereto. 

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OHSUSA 763628595.3 

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"Adjusted Treasury Rate" means, with respect to any Redemption Date for any 4.25% 

Senior Note, the rate per annum equal to the semi-annual equivalent yield to maturity of the 

Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a 

percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption 

Date. 

"Comparable Treasury Issue" means the United States Treasury security selected by 

the Quotation Agent as having a maturity comparable to the remaining term of the 4.25% Senior 

Notes to be redeemed that would be used, at the time of selection and in accordance with 

customary financial practice, in pricing new issues of corporate debt securities of comparable 

maturity to the remaining term of the 4.25% Senior Notes to be redeemed. 

"Comparable Treasury Price" means, with respect to any Redemption Date for any 

4.25% Senior Note, (1) the average of the Reference Treasury Dealer Quotations for such 

Redemption Date, after excluding the highest and lowest of the Reference Treasury Dealer 

Quotations or (2) if the Company obtains fewer than four Reference Treasury Dealer Quotations, 

the average of all Reference Treasury Dealer Quotations so received. 

"Primary Treasury Dealer" means a primary U.S. Government Securities dealer in the 

United States. 

"Quotation Agent" means the Reference Treasury Dealer appointed by the Company. 

"Redemption Price" means the price at which 4,25% Senior Notes may be redeemed 

pursuant to Section 401(a) or Section 401(b) hereto, as applicable. 

"Reference Treasury Dealer" means (1) each of Goldman, Sachs & Co., Merrill Lynch, 

Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC and Wells Fargo Securities, 

LLC, and their respective successors, unless any of them ceases to be a Primary Treasury Dealer, 

in which case the Company shall substitute another Primary Treasury Dealer; and (2) any other 

Primary Treasury Dealer selected by the Company. 

"Reference Treasury Dealer Quotations" means, with respect to each Reference 

Treasury Dealer and any Redemption Date, the average, as determined by the Company, of the 

bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage 

of its principal amount) quoted in writing to the Company by that Reference Treasury Dealer at 

5:00 p.m., New York City time, on the third Business Day preceding such Redemption Date. 

For purposes of this definition only, "Business Day" means any day that is not a day on which 

banking institutions in New York City are authorized or required by law or regulation to close. 

"Remaining Scheduled Payments" means, with respect to each of the 4.25% Senior 

Notes that the Company is redeeming pursuant to Section 401(a) hereto, the remaining scheduled 

payments of principal and interest that would be due after the applicable Redemption Date if 

such 4.25% Senior Notes were not redeemed. However, if the Redemption Date is not a 

scheduled Interest Payment Date with respect to such 4.25% Senior Notes, the amount of the 

next succeeding scheduled interest payment on such 4.25% Senior Notes will be reduced by the 

amount of interest accrued on such 4.25% Senior Notes to the Redemption Date. 

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OHSUSA.763628595.3 

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"U.S. Government Securities" means securities which are (a) direct obligations of the 

United States of America for the payment on which its full faith and credit is pledged or (b) 

obligations of a Person controlled or supervised by and acting as an agency or instrumentality of 

the United States of America the payment of which is unconditionally guaranteed as a full faith 

and credit obligation of the United States of America, and which in the case of (a) and (b) are not 

callable or redeemable at the option of the issuer thereof, and shall also include a depository 

receipt issued by a bank or trust company as custodian with respect to any such U.S. Government 

Security or a specific payment of interest on or principal of any such U.S. Government Security 

held by such custodian for the account of the holder of a depository receipt, provided that (except 

as required by law) such custodian is not authorized to make any deduction from the amount 

payable to the holder of such depository receipt from any amount received by the custodian in 

respect of the U.S. Government Security evidenced by such depository receipt. 

The words "herein," "hereof' and "hereunder" and other words of similar import refer to 

this Twenty-Sixth Supplemental Indenture as a whole and not to any particular Article, Section 

or other subdivision. 

ARTICLE II 

REOPENING OF 3.50% SENIOR NOTES 

Pursuant to the Section 201 of the Twenty-Fifth Supplemental Indenture, the 3.50% 

series of Bonds established by said section and designated as the "3.50% Senior Notes due June 

15, 2025" (the "3.50% Senior Notes") is reopened and additional Bonds comprising part of such 

series shall be issued in the aggregate principal amount of $200,000,000 and shall be issued in 

the form of one or more Global Bonds in substantially the form set forth in Exhibit A hereto. As 

a result of the further issuance of $200,000,000 aggregate principal amount of Bonds of the 

forty-eighth series on November 5, 2015, the issued amount of Bonds of such series now totals 

$600,000,000. 

ARTICLE III 

ESTABLISHMENT OF THE 4.25% SENIOR NOTES 

SECTION 301 Establishment and Designation of the 4.25% Senior Notes. 

Pursuant to the terms hereof and Section 3.01 of the Indenture, the Company hereby 

establishes a forty-ninth series of Bonds designated as the "4.25% Senior Notes due March 15, 

2046" (the "4.25% Senior Notes"). The 4.25% Senior Notes may be reopened, from time to 

time, for issuances of additional Bonds of such series, and any additional Bonds issued and 

comprising 4.25% Senior Notes shall have identical terms as the 4.25% Senior Notes, except that 

the issue price, issue date and, in some cases, the first Interest Payment Date may differ. 

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OHSUSA163628595 3 

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SECTION 302 Form of the 4.25% Senior Notes. 

The 4.25% Senior Notes shall be issued in the form of one or more Global Bonds in 

substantially the form set forth in Exhibit A hereto. 

SECTION 303 Principal Amount of the 4.25% Senior Notes. 

The 4.25% Senior Notes shall be issued in an initial aggregate principal amount of 

$450,000,000. 

SECTION 304 Interest Rates: Stated Maturity of the 4.25% Senior Notes; 

Minimzun Denomination. 

The 4.25% Senior Notes shall bear interest at the rate of 4.25% per annum and shall have 

a Stated Maturity of March 15, 2046. 

The 4.25% Senior Notes are issuable in denominations of $2,000 and any integral 

multiple of $1,000 in excess thereof. 

SECTION 305 No Sinking Fund. 

No sinking fund is provided for the 4.25% Senior Notes. 

SECTION 306 Paring Aunt and Bond Registrar. 

The Trustee is hereby appointed as initial Paying Agent and initial Bond Registrar for the 

4.25% Senior Notes. The Place of Payment of the 4.25% Senior Notes shall be the Corporate 

Trust Office of the Trustee. 

SECTION 307 Global Securities: Appointment of Depositary for Global 

Securities. 

The 4.25% Senior Notes shall be issued in the form of one or more permanent Global 

Bonds as provided in Section 3.13 of the Indenture and deposited with, or on behalf of, the 

Depositary, or with the Trustee, as custodian for the Depositary, duly executed by the Company 

and authenticated by the Trustee. 

The Company hereby initially appoints The Depository Trust Company ("DTC") to act as 

the Depositary with respect to all 4.25% Senior Notes, and the 4.25% Senior Notes shall initially 

be registered in the name of Cede & Co., as the nominee of DTC. 

The Company and DTC have executed a Blanket Letter of Representations, and the 

Trustee is hereby authorized in connection with any successor nominee for DTC or any 

successor Depositary, to enter into appropriate or comparable arrangements, if necessary, and 

shall have the same rights with respect to its actions thereunder as it has with respect to its 

actions under the Indenture. 

5 

01-ISUSA 763628595.3 

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None of the Company, the Trustee, any Paying Agent or any Bond Registrar will have 

any responsibility or liability for any aspect of Depositary records relating to, or payments made 

on account of, beneficial ownership interests in a Global Bond or for maintaining, supervising or 

reviewing any Depositary records relating to such beneficial ownership interests, or for transfers 

of beneficial interests in the Bonds or any transactions between the Depositary and beneficial 

owners. 

SECTION 308 Other Terms of the 4.25% Senior Notes. 

The other terms of the 4.25% Senior Notes shall be as expressly set forth herein and in 

Exhibit A. 

ARTICLE IV 

OPTIONAL REDEMPTION 4.25% SENIOR NOTES BY COMPANY 

SECTION 401 Optional Redemption of 4_25% Senior Notes. 

(a) Subject to the terms and conditions of the Indenture, at any time prior to 

September 15, 2045 (the date that is six months prior to the Maturity Date), the 4.25% Senior 

Notes are redeemable at the option of the Company in whole or in part at a Redemption Price 

equal to the greater of: 

(1) 

redeemed; or 

100% of the principal amount of the 4.25% Senior Notes to be 

(ii) as determined by the Quotation Agent, the sum of the present 

values of the Remaining Scheduled Payments of principal and interest on the 

4.25% Senior Notes to be redeemed (not including any portion of payments of 

interest accrued as of the Redemption Date), calculated as if the Maturity Date of 

such 4.25% Senior Notes was September 15, 2045 (the date that is six months 

prior to the Maturity Date), discounted to the Redemption Date on a semiannual 

basis at the Adjusted Treasury Rate, plus 25 basis points; 

plus, in either of the above cases, accrued and unpaid interest thereon to but not including the 

Redemption Date. 

(b) Subject to the terms and conditions of the Indenture, at any time on or 

after September 15, 2045 (the date that is six months prior to the Maturity Date), the 4.25% 

Senior Notes are redeemable at the option of the Company in whole or in part at 100% of the 

principal amount of the 4_25% Senior Notes to be redeemed, plus accrued and unpaid interest 

thereon to but not including the Redemption Date. 

(c) The Redemption Price shall be calculated assuming a 360-day year 

consisting of twelve 30-day months. 

SECTION 402 Calculation of Redemption Price. The Company shall calculate 

the Redemption Price for the redemption of any 4.25% Senior Notes pursuant to Section 401, 

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OHSUSA:7636211595.3 

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and notify the Trustee of such Redemption Price before it sends the amount of the Redemption 

Price to the Trustee or any Paying Agent. 

SECTION 403 Notice of Redemption. Notice of any redemption pursuant to 

Section 401 shall be given to Holders of the 4.25% Senior Notes not less than ten (10) days nor 

more than sixty (60) days prior to the Redemption Date in the manner set forth in Section 6.04 of 

the Indenture; provided, however, that such notice need not state the dollar amount of the 

Redemption Price if such dollar amount has not been determined as of the date such notice is 

being given to the Holders of the 4.25% Senior Notes being redeemed. Notwithstanding Section 

6.02 of the Indenture, if the Company elects to redeem 4.25% Senior Notes pursuant to Section 

401 hereof, it shall give written notice to the Trustee of such Redemption Date and of the 

principal amount of the 4.25% Senior Notes to be redeemed at least twenty (20) days prior to the 

redemption date fixed by the Company (unless a shorter notice shall be satisfactory to the 

Trustee). 

ARTICLE V 

MISCELLANEOUS 

SECTION 501 Application of Twenty-Sixth Supplemental Indenture. 

Except as provided in Section 501 hereof, each and every term and condition contained in 

this Twenty-Sixth Supplemental Indenture that modifies, amends or supplements the terms and 

conditions of the Indenture shall apply only to the 3.50% Senior Notes and the 4.25% Senior 

Notes, as applicable, and not to any other series of Bonds established under the Indenture. 

Except as specifically amended and supplemented by, or to the extent inconsistent with, this 

Twenty-Sixth Supplemental Indenture, the Indenture shall remain in full force and effect and is 

hereby ratified and confirmed. 

SECTION 502 Effective Date of Twenty-Sixth Supplemental Indenture. 

This Twenty-Sixth Supplemental Indenture shall be effective upon the execution and 

delivery hereof by each of the parties hereto. 

SECTION 503 Counterparts. 

This Twenty-Sixth Supplemental Indenture may be executed in any number of 

counterparts, each of which so executed shall be deemed to be an original, but all such 

counterparts shall together constitute but one and the same instrument. 

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OHSUSA.763628595.3 

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IN WITNESS WHEREOF, the parties hereto have caused this Twenty-Sixth 

Supplemental Indenture to be duly executed by their respective officers hereunto duly 

authorized, all as of the day and year first above written. 

PACIFIC GAS AND ELECTRIC COMPANY, 

as Issuer 

By: ),\( 44_,Loc-- \ ,,,a_____,,...

Name: Nicholas M. Bijur 

Title: Vice President and Treasurer 

THE BANK OF NEW YORK MELLON 

TRUST COMPANY, N.A., 

as Trustee 

By: 

Name: 

Title: 

Signature Page to Twenty-Sixth Supplemental Indenture 

Exhibit A-26 Page 716

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IN WITNESS WHEREOF, the parties hereto have caused this Twenty-Sixth 

Supplemental Indenture to be duly executed by their respective officers hereunto duly 

authorized, all as of the day and year first above written. 

PACIFIC GAS AND ELECTRIC COMPANY, 

as Issuer 

By: 

Name: Nicholas M. Bijur 

Title: Vice President and Treasurer 

THE BANK OF NEW YORK MELLON 

TRUST COMPANY, N.A., 

as Trustee 

By: \\I

Name: Vale're Boy 

Title: Vice President 

Signature Page to Twenty-Sixth Supplemental Indenture 

Exhibit A-26 Page 717

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