SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* HARVEY KENT M (Last) (First) (Middle) PG&E CORPORATION ONE MARKET, SPEAR TOWER, SUITE 2400 (Street) SAN FRANCISCO CA 94105 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol PG&E CORP [ PCG ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) SVP & Chief Risk & Audit Offr.
	3. Date of Earliest Transaction (Month/Day/Year) 03/23/2007
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								24,862.59(1)	D
Common Stock	03/23/2007		S		5,100	D	$48.2	19,762.59	D
Common Stock	03/23/2007		S		200	D	$48.19	19,562.59	D
Common Stock	03/23/2007		S		200	D	$48.17	19,362.59	D
Common Stock	03/23/2007		S		100	D	$48.16	19,262.59	D
Common Stock	03/23/2007		S		1,537	D	$48.15	17,725.59	D
Common Stock	03/23/2007		M		9,226	A	$33.02	26,951.59	D
Common Stock	03/23/2007		S		1,363	D	$48.15	25,588.59	D
Common Stock	03/23/2007		S		763	D	$48.14	24,825.59	D
Common Stock	03/23/2007		S		700	D	$48.13	24,125.59	D
Common Stock	03/23/2007		S		600	D	$48.12	23,525.59	D
Common Stock	03/23/2007		S		600	D	$48.11	22,925.59	D
Common Stock	03/23/2007		S		4,900	D	$48.1	18,025.59	D
Common Stock	03/23/2007		S		200	D	$48.09	17,825.59	D
Common Stock	03/23/2007		S		100	D	$48.08	17,725.59	D
Common Stock								8,089.39(2)	I	Held by Trustee of PG&E corporation Retirement Savings Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$27.23	03/23/2007		M			7,137	01/02/2007	01/03/2014	Common Stock	7,137	$0	7,137	D
Stock Option (right to buy)	$33.02	03/23/2007		M			9,226	(3)	01/04/2015	Common Stock	9,226	$0	9,224	D

Explanation of Responses:

1. Includes 5,211.07 SISOPs awarded pursuant to the PG&E Corporation Executive Stock Ownership Program, and reflects the acquisition of 37.30 SISOPs on Janury 16, 2007, pursuant to a dividend award feature of the PG&E Corporation Executive Stock Ownership Program. SISOPs vest three years after the date of grant subject to accelerated vesting upon certain events. Unvested SISOPs are subject to forfeiture if certain stock ownership targets are not met. Vested SISOPs are automatically payable in an equal number of shares following termination of employment.

2. Represents the approximate number of shares of PG&E Corporation common stock held for the reporting person in the PG&E Corporation Retirement Savings Plan (RSP). That fund holds units consisting of PG&E Corporation common stock and a small short-term investments component. The number of shares is computed by dividing the value of the units by the daily closing price. Dividends are automatically invested in additional units at the election of the participant. These holdings have been trued up to conform to the RSP balance at March 23, 2007, and reflect the acquisition of approximately 55.29 shares on Janury 16, 2007, due to dividend reinvestment.

3. The option vested in two equal installments on January 3, 2006, and January 3, 2007.

Remarks:

	Eric Montizambert, Attorney-in-Fact for Kent M. Harvey (signed Power of Attorney on file with SEC)	03/27/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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