PG&E values San Francisco grid takeover at $22.5 billion

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Go back to PG&E values San Francisco grid takeover at $22.5 billion

PG&E Submits Testimony to California Regulators Outlining $22.5 Billion Cost of Government Grid Takeover in San Francisco

October 21, 2026 9:01 AM EDT

Filing Includes $8.6 Billion in Business Severance Damages and Physical Separation Costs that the City's Valuation Does Not Yet Address 

OAKLAND, Calif., Oct. 21, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) on Tuesday responded to the City and County of San Francisco's (CCSF) petition asking the California Public Utilities... More