Mark Ellis

Stories

PG&E puts a $22.5 billion price on San Francisco's grid; the city says $3.4 billion

Skeptical the takeover will cut rates

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