PG&E Submits Testimony To California Regulators, Values Potential San Francisco Grid Takeover At $22.5B, Including $8.6B In Severance And Separation Costs
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 says taking over San Francisco's grid would cost $22.5 billion. That includes $8.6 billion to pay workers and split up the system fairly.
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