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|----------------------------------------------------------------------------------------------------------------------------------------------- | ----- | ----------------------------------------------------------------------------------- | ------------------ | -------------------- | --------------------- | --------------
|                                                                                                                                                |       |                                                                                     |                    |                      |                       | Exhibit 99.1  
|Quarterly Servicer's Certificate                                                                                                               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|California Infrastructure and Economic Development Bank Special Purpose Trust SDG&E-1                                                          
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|$658,000,000 Rate Reduction Certificates, Series 1997-1                                                                                        
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|Pursuant to Section 4.01(d)(ii) of the Transition Property Servicing Agreement dated as of December 16, 1997 (the *Agreement') between         
|San Diego Gas & Electric Company, as Servicer, and SDG&E Funding LLC, as Note Issuer, the Servicer does hereby certify as follows:             
|Capitalized terms used in the Quarterly Servicer's Certificate (the "Quarterly Certificate') have their respective meanings as set forth in the
|Agreement References herein to certain section and subsections are references to the respective sections of the Agreement.                     
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       | Collection Periods:                                                                 | Oct-06             | through              | Dec-06               
|                                                                                                                                                |       | Distribution Date:                                                                  | 25-Dec-06         
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|1. Collections Allocable and Aggregate Amounts Available for the Current Distribution Date:                                                     |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Remittances for the first Collection Period                                         | Oct-06             | $6,225,325.81       
|                                                                                                                                                | ii.   | Remittances for the second Collection Period                                        | Nov-06             | $5,728,757.15       
|                                                                                                                                                | iii.  | Remittances for the third Collection Period                                         | Dec-06             | $5,224,493.77       
|                                                                                                                                                | iv.   | Net Earnings on Collection Account                                                  | $376,646.58       
|                                                                                                                                                | v.    | General Sub-Account Balance                                                         |                    |                      |                       | $17,555,223.31
|                                                                                                                                                | vi.   | Reserve Sub-Account Balance                                                         | $19,193,783.23    
|                                                                                                                                                | vii.  | Overcollateralization Sub-Account Balance                                           | $2,878,750.00     
|                                                                                                                                                | viii. | Capital Sub-Account Balance                                                         | $3,190,000.00     
|                                                                                                                                                | ix.   | Collection Account Balance                                                          |                    |                      |                       | $42,817,756.54
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|2. Outstanding Principal Balance and Collection Account Balance as of Prior Distribution Date:                                                  |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Class A-1 Principal Balance                                                         | $0.00             
|                                                                                                                                                | ii.   | Class A-2 Principal Balance                                                         | $0.00             
|                                                                                                                                                | iii.  | Class A-3 Principal Balance                                                         | $0.00             
|                                                                                                                                                | iv.   | Class A-4 Principal Balance                                                         | $0.00             
|                                                                                                                                                | v.    | Class A-5 Principal Balance                                                         | $0.00             
|                                                                                                                                                | vi.   | Class A-6 Principal Balance                                                         | $0.00             
|                                                                                                                                                | vii.  | Class A-7 Principal Balance                                                         | $83,536,371.00    
|                                                                                                                                                | viii. | Rate Reduction Certificate Principal Balance                                        |                    |                      | $83,536,371.00       
|                                                                                                                                                | ix.   | Reserve Sub-Account Balance                                                         | $19,193,783.23    
|                                                                                                                                                | x.    | Overcollateralization Sub-Account Balance                                           | $2,878,750.00     
|                                                                                                                                                | xi.   | Capital Sub-Account Balance                                                         | $3,190,000.00     
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|3. Required Funding/Payments as of Current Distribution Date:                                                                                   |       |                                                                                    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Scheduled Class A-1 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | ii.   | Scheduled Class A-2 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | iii.  | Scheduled Class A-3 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | iv.   | Scheduled Class A-4 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | v.    | Scheduled Class A-5 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | vi.   | Scheduled Class A-6 Certificate Principal Balance                                   | $0.00             
|                                                                                                                                                | vii.  | Scheduled Class A-7 Certificate Principal Balance                                   | $83,536,371.00    
|                                                                                                                                                | viii. | Scheduled Class A Certificate Principal Balance                                     |                    |                      | $83,536,371.00       
|                                                                                                                                                | ix.   | Required Class A-1 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | x.    | Required Class A-2 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | xi.   | Required Class A-3 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | xii.  | Required Class A-4 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | xiii. | Required Class A-5 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | xiv.  | Required Class A-6 Coupon Payment                                                   | $0.00             
|                                                                                                                                                | xv.   | Required Class A-7 Coupon Payment                                                   | $1,330,316.71     
|                                                                                                                                                | xvi.  | Required Overcollateralization Funding                                              | $82,250.00        
|                                                                                                                                                | xvii  | Required Capital Sub-Account Funding                                                | $0.00             
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|4. Allocation of Remittances as of Current Distribution Date Pursuant to 8.02(d) of indenture:                                                  |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i     | Note Trustee, Delaware Trustee and Certificate Trustee Fees                         | $1,083.33         
|                                                                                                                                                | ii.   | Quarterly Servicing Fee                                                             | $52,210.23        
|                                                                                                                                                | iii.  | Quarterly Administration Fee                                                        | $25,000.00        
|                                                                                                                                                | iv.   | Operating Expenses (subject to $100,000 cap)                                        | $0.00             
|                                                                                                                                                | v.    | Quarterly Interest                                                                  |                    |                      |                       | $0.00         
|                                                                                                                                                |       | 1. Class A-1 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 2. Class A-2 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 3. Class A-3 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 4. Class A-4 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 5. Class A-5 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 6. Class A-6 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 7. Class A-7 Certificate Coupon Payment                                             | $1,330,316.71     
|                                                                                                                                                | vi.   | Principal Due and Payable as a Result of Event of Default or on Final Maturity Date | $0.00             
|                                                                                                                                                | vii.  | Quarterly Principal                                                                 |                    |                      |                       |               
|                                                                                                                                                |       | 1. Class A-1 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 2. Class A-2 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 3. Class A-3 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 4. Class A-4 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 5. Class A-5 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 6. Class A-6 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 7. Class A-7 Certificate Principal Payment                                          |                    |                      |                       | $17,736,371.00
|                                                                                                                                                | viii. | Operating Expenses (in excess of $100,000)                                          | $0.00             
|                                                                                                                                                | ix.   | Funding of Overcollateralization Sub-Account (to required level)                    | $82,250.00        
|                                                                                                                                                | x.    | Funding of Capital Sub-Account (to required level)                                  | $0.00             
|                                                                                                                                                | xi.   | Net Earnings Released to Note Issuer                                                | $376,646.58       
|                                                                                                                                                | xii.  | Released to Note Issuer upon Series Retirement: Overcollateralization Sub-Account   | $0.00             
|                                                                                                                                                | xiii. | Released to Note Issuer upon Series Retirement: Capital Sub-Account                 | $0.00             
|                                                                                                                                                | xiv.  | Deposits to Reserve Sub-Account                                                     | ($2,048,654.54)   
|                                                                                                                                                | xv.   | Released to Note Issuer upon Series Retirement: Collection Account                  | $0.00             
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|5. Outstanding Principal Balance and Collection Account Balance as of Current Distribution Date                                                 |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|(after giving effect to payments to be made on such distribution date):                                                                         |       |                                                                                    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Class A-1 Principal Balance                                                         | $0.00             
|                                                                                                                                                | ii.   | Class A-2 Principal Balance                                                         | $0.00             
|                                                                                                                                                | iii.  | Class A-3 Principal Balance                                                         | $0.00             
|                                                                                                                                                | iv.   | Class A-4 Principal Balance                                                         | $0.00             
|                                                                                                                                                | v.    | Class A-5 Principal Balance                                                         | $0.00             
|                                                                                                                                                | vi.   | Class A-6 Principal Balance                                                         | $0.00             
|                                                                                                                                                | vii.  | Class A-7 Principal Balance                                                         |                    |                      |                       | $65,800,000.00
|                                                                                                                                                | viii. | Rate Reduction Certificate Principal Balance                                        |                    |                      | $65,800,000.00       
|                                                                                                                                                | ix.   | Reserve Sub-Account Balance                                                         |                    |                      |                       | $17,145,128.69
|                                                                                                                                                | x.    | Overcollateralization Sub-Account Balance                                           |                    |                      | $2,961,000.00        
|                                                                                                                                                | xi.   | Capital Sub-Account Balance                                                         | $3,190,000.00     
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|6. Sub-Account Draws as of Current Distribution Date (if applicable, pursuant to Section 8.02(e) of Indenture):                                
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Reserve Sub-Account                                                                 | $0.00             
|                                                                                                                                                | ii.   | Overcollateralization Sub-Account                                                   | $0.00             
|                                                                                                                                                | iii.  | Capital Sub-Account                                                                 | $0.00             
|                                                                                                                                                | iv.   | Total Draws                                                                         |                    |                      |                       | $0.00         
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|7. Shortfalls In Interest and Principal Payments as of Current Distribution Date:                                                               |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Quarterly Interest                                                                  |                    |                      |                       |               
|                                                                                                                                                |       | 1. Class A-1 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 2. Class A-2 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 3. Class A-3 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 4. Class A-4 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 5. Class A-5 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 6. Class A-6 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                |       | 7. Class A-7 Certificate Coupon Payment                                             | $0.00             
|                                                                                                                                                | ii.   | Quarterly Principal                                                                 |                    |                      |                       |               
|                                                                                                                                                |       | 1. Class A-1 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 2. Class A-2 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 3. Class A-3 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 4. Class A-4 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 5. Class A-5 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 6. Class A-6 Certificate Principal Payment                                          | $0.00             
|                                                                                                                                                |       | 7. Class A-7 Certificate Principal Payment                                          | $17,736,371.00    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|8. Shortfalls in Required Sub-Account Levels as of Current Distribution Date:                                                                   |       |                                                                                    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                | i.    | Overcollateralization Sub-Account                                                   | $0.00             
|                                                                                                                                                | ii.   | Capital Sub-Account                                                                 | $0.00             
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|9. Distributions of Principal per $1,000 of Original Principal Amount:                                                                          |       |                                                                                    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      | Principal per $1,000 
|                                                                                                                                                |       |                                                                                     | Original Principal | Principal Payment    | of Original Principal
|                                                                                                                                                |       |                                                                                     | (A)                | (B)                  | (B/A*1000)            |               
|                                                                                                                                                | i.    | Class A-1                                                                           | $65,800,000.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | ii    | Class A-2                                                                           | $82,639,254.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | iii   | Class A-3                                                                           | $66,230,948.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | iv.   | Class A-4                                                                           | $65,671,451.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | v.    | Class A-5                                                                           | $96,537,839.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | vi.   | Class A-6                                                                           | $197,584,137.00    | $0.00                | $0.00                 |               
|                                                                                                                                                | vii.  | Class A-7                                                                           | $83,536,371.00     | $17,736,371.00       | $212.319147           |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|10. Distributions of Interest per $1,000 of Original Principal Amount:                                                                          |       |                                                                                    
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      | Interest per $1,000  
|                                                                                                                                                |       |                                                                                     | Original Principal | Interest Payment     | of Original Principal
|                                                                                                                                                |       |                                                                                     | (A)                | (B)                  | (B/A*1000)            |               
|                                                                                                                                                | i.    | Class A-1                                                                           | $65,800,000.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | ii    | Class A-2                                                                           | $82,639,254.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | iii   | Class A-3                                                                           | $66,230,948.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | iv.   | Class A-4                                                                           | $65,671,451.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | v.    | Class A-5                                                                           | $96,537,839.00     | $0.00                | $0.00                 |               
|                                                                                                                                                | vi.   | Class A-6                                                                           | $197,584,137.00    | $0.00                | $0.00                 |               
|                                                                                                                                                | vii.  | Class A-7                                                                           | $83,536,371.00     | $1,330,316.71        | $15.925000            |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|IN WITNESS HEREOF, the undersigned has duly executed and delivered this Quarterly Servicer's Certificate                                        |      
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|this 18th day of December, 2006.                                                                                                                |      
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|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|SAN DIEGO GAS ELECTRIC COMPANY, as Servicer                                                                                                     |       |                                                                                    
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|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|                                                                                                                                                |       |                                                                                     |                    |                      |                       |               
|by:                                                                                                                                             |       | /S/ JAMES P. TRENT                                                                  | title:             | Assistant Controller |