SECURITIES AND EXCHANGE COMMISSION

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 11-K


[X]  ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2003

OR

[  ]  TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Commission file number 333-46772

A.  Full title of the plan and the address of the plan, if different from
that of the issuer named below:

The Pacific Gas and Electric Company Savings Fund Plan for
Union Represented Employees
245 Market Street, Mail Code N2P,
San Francisco, CA 94177


B.  Name of issuer of the securities held pursuant to the Plan and the
address of its principal executive office:

PG&E Corporation
One Market, Spear Tower
Suite 2400
San Francisco, CA 94105



REQUIRED INFORMATION

 

1.  The Statements of Net Assets Available for Benefits as of December 31, 2003 and 2002 and the Statements of Changes in Net Assets Available for Benefits for the Years then Ended, together with supplemental schedule and the report of Deloitte & Touche LLP, independent registered public accounting firm, are contained in Exhibit 1 to this Annual Report.

2.  The Consent of Deloitte & Touche LLP, independent registered public accounting firm, is contained in Exhibit 2 to this Annual Report.

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.

 

THE PACIFIC GAS AND ELECTRIC COMPANY
SAVINGS FUND PLAN FOR
UNION REPRESENTED EMPLOYEES

 

By:

/S/ BRUCE R. WORTHINGTON

   

 

Bruce R. Worthington

 

Chairman, PG&E Corporation
Employee Benefit Committee

 

Date:  June 25, 2004