Investor-owned utility
Appears in 6 stories · Last updated Nov 9, 2026
Named as defendant in the federal lawsuit over the Marina Safeway site
San Francisco gave final approval on November 6 to an 848-apartment redevelopment of the Marina Safeway, clearing it under a 2022 state law that skips public hearings and environmental review. Developer Align Real Estate would build 22- and 18-story towers above a rebuilt grocery store. Setting aside 86 apartments for low-income households earned a 49.3% density bonus, which let the project exceed the site's 40-foot zoning limit.
Updated 2 days ago
Seller in a state-run valuation of its San Francisco assets; filed a $22.5 billion price
PG&E told state regulators that a San Francisco takeover of its electric grid would cost $22.5 billion. Its Oct. 20 filing values the city assets at $13.9 billion and adds $8.6 billion in damages from cutting San Francisco's system away from the rest of the utility's network.
Updated Oct 21
As of October 2026: Opposed SB 868
California renters and apartment dwellers can now plug small solar panels into wall outlets without utility permission. Gov. Gavin Newsom signed the Plug and Play Solar Act on Sept. 30, legalizing "balcony solar" systems up to 1,200 watts and making California the 10th state to do so.
Updated Oct 7
As of October 2026: Operator of San Francisco's electric grid, facing city takeover attempt
The San Francisco Ferry Building went dark at 6:42 a.m. Wednesday, cutting power to 455 customers and knocking out traffic lights along the Embarcadero during the morning commute. Power was fully restored by 10 a.m., but PG&E says the cause remains under investigation.
Updated Sep 30
As of September 2026: Warned the deal could push it into bankruptcy
A hard-won compromise to reshape California's wildfire liability system collapsed on the final day of the legislative session. The state Assembly never brought Senate Bill 492 to a vote, after PG&E and Southern California Edison warned the deal could push them into bankruptcy.
Updated Sep 4
As of May 2026: Completed full restoration Dec 24; announced $50M compensation; hired independent investigator; facing mayoral criticism and investigation scrutiny
San Francisco is the kind of city that feels unstoppable—until the lights go out. On Saturday, a substation fire near 8th and Mission helped trigger a blackout that spread across neighborhoods and knocked out traffic signals. Restoration took more than two days and sparked political backlash and raised questions about whether a modern city can tolerate single-point failures in critical infrastructure.
Updated May 16
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