EXHIBIT 23.2


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS


As independent public accountants, we hereby consent to the incorporation of our
report dated February 8,1999, incorporated by reference in this Form 10-K, into
the Company's previously filed registration statements as follows: (1) PG&E
Corporation's Form S-3 Registration Statement File No. 333-16255 (relating to
PG&E Corporation's Dividend Reinvestment Plan); (2) Pacific Gas and Electric
Company's Form S-3 Registration Statement File No. 33-64136 (relating to
$2,000,000,000 aggregate principal amount of Pacific Gas and Electric Company's
First and Refunding Mortgage Bonds and Medium-Term Notes); (3) Pacific Gas and
Electric Company's Form S-3 Registration Statement File No. 33-50707 (relating
to $1,500,000,000 aggregate principal amount of Pacific Gas and Electric
Company's First and Refunding Mortgage Bonds); (4) Pacific Gas and Electric
Company's Form S-3 Registration Statement File No. 33-62488 (relating to
10,000,000 shares of Pacific Gas and Electric Company's Redeemable First
Preferred Stock); (5) Pacific Gas and Electric Company's Form S-3 Registration
Statement File No. 33-61959 (relating to $335,000,000 aggregate liquidation
value of Cumulative Quarterly Income Preferred Securities); (6) PG&E
Corporation's Form S-8 Registration Statement File No. 333-16253 (relating to
PG&E Corporation's Long-Term Incentive Program); (7) PG&E Corporation's Form S-3
Registration Statement File No. 333- 25685 (relating to the resale of PG&E
Corporation shares held by certain shareholders); (8) PG&E Corporation's Post-
Effective Amendment on Form S-8 to Form S-4 Registration Statement File No. 333-
27015 (relating to Valero Energy Corporation Stock Option Plan No. 4, Valero
Energy Corporation Stock Option Plan No. 5, and Valero Energy Corporation
Executive Stock Incentive Plan); (9) PG&E Corporation's Form S-8 Registration
Statement File No. 333-68155 (relating to PG&E Gas Transmission, Northwest
Corporation Savings Fund Plan for Non- Management Employees); (10) PG&E
Corporation's Form S-8 Registration Statement File No. 333-77145 (relating to
the PG&E Corporation Retirement Savings Plan); (11) PG&E Corporation's Form S-8
Registration Statement File No. 333-77149 (relating to PG&E Corporation's Long-
Term Incentive Program) and (12) PG&E Corporation's Form S-8 Registration
Statement File No. 333-46772 (relating to Pacific Gas and Electric Company
Savings Fund Plan for Union-Represented Employees).



ARTHUR ANDERSEN LLP


San Francisco, California
April 11, 2001