Pacific Gas & Electric asserts it overpaid the Department of Water Resources $107 million for power costs in 2001-02 in an application with the California Public Utilities Commission earlier this year. However, in a filing with the Securities and Exchange Commission on October 24, the utility wants to be credited nearly twice that amount. The utility concluded that the DWR 2001-02 true-up should include a credit of $211 million to PG&E, applying calculations it thinks should be used. ?I don?t know where they got the numbers from,? said DWR spokesperson Oscar Hidalgo. At any rate, he added, ?It is an accounting issue that in the long run balances out.? Southern California Edison reached different numbers on DWR?s true-up costs for PG&E, according to PG&E?s 8K filing. In the calculations it made for the CPUC, Edison claimed PG&E overpaid DWR $101 million. But when applying the methodology used to figure out DWR?s bond revenue requirement, Edison concluded that PG&E underpaid $453 million, PG&E?s filing states. PG&E also noted in its 8K filing that Moody?s upgraded the utility?s debt, although it is still well below investment grade. PG&E also announced it plans to take the first step on November 3 to offer and sell $9.4 billion in debt securities in order to implement the proposed reorganization plan pending before the CPUC. If the commission approves the settlement next month, PG&E will pay off creditors? claims.