The City Services Auditor (CSA) of the Office of the Controller (Controller) engaged Sjoberg Evashenk Consulting, Inc., (SEC) to audit the franchise fees and surcharge fees Pacific Gas and Electric Company (PG&E) paid to the City and County of San Francisco (City) to use city streets to transmit, distribute, and supply electricity and gas. We found that PG&E correctly reported $1,924,831,251 in gross receipts subject to the franchise fee and correctly calculated and paid the City the proper franchise and surcharge fees according to the terms and deadlines specified in the franchise agreements.

The full report can be found here.