PG&E Testifies San Francisco Grid Takeover Would Cost $22.5 Billion
PG&E says its testimony to California regulators estimates $8.6 billion in business severance damages and physical separation costs that San Francisco's valuation does not address.
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01:01:43 PM UTC
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Pacific Gas and Electric Company filed testimony to the CPUC estimating a San Francisco grid takeover would cost $22.5B, including ~$13.9B fair-market value and $8.6B in severance and separation damages.Material DetailsContext by AI AnalystThis is a regulatory-stage defense against municipalization…