|Quarterly Servicer's Certificate                                                                                                               
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|California Infrastructure and Economic Development Bank Special Purpose Trust PG&E-1                                                           
|$2,901,000,000 Rate Reduction Certificates, Series 1997-1                                                                                      
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|Pursuant to Section 4.01(d)(ii) of the Transition Property Servicing Agreement dated as of December 8, 1997 (the "Transition Property          
|Servicing Agreement") between Pacific Gas and Electric Company, as Servicer and PG&E Funding LLC, as Note Issuer, the Servicer does            
|hereby certify as follows:                                                                                                                     
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|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 sections and subsections are references to the respective sections of the Agreement.                  
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|Collection Periods:  September  2003, October 2003, November 2003                                                                              
|Distribution Date: December 25, 2003                                                                                                           
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|IN WITNESS HEREOF, the undersigned has duly executed and delivered this Quarterly Servicer's Certificate                                       
|this   19th       day of  December  2003  .                                                                                                    
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|PACIFIC GAS AND ELECTRIC COMPANY, as Servicer                                                                                                  
|                                                                                                                                               
|by:  _Michael J. Donnelly___                                                                                                                   
|Michael J. Donnelly                                                                                                                            
|Assistant Treasurer