Sfpuc Report Studies Feasibility Of City Acquiring Pg&E Assets - SFGate

Sfpuc Report Studies Feasibility Of City Acquiring Pg&E Assets - SFGate: SAN FRANCISCO (BCN)

The San Francisco Public Utilities Commission released a report Monday identifying ways the city could decrease its dependence on PG&E while still providing clean, reliable energy options to its residents.

Mayor London Breed requested the preliminary report earlier this year after PG&E announced it would file for bankruptcy as it faces lawsuits connected to several recent devastating California wildfires.

The SFPUC owns and operates transmission and distribution assets in and around San Francisco but relies on PG&E to deliver energy to customers of CleanPowerSF, the city's municipal power program, and Hetch Hetchy Power, which provides power to vital city services and some residential and commercial customers.

The report laid out three options for moving forward, including that involves acquiring PG&E assets for full independence.

Although the possible acquisition of PG&E property would be a long process, the deal could help the city meets its goal of being 100 percent carbon neutral by 2030, according to the SFPUC.

"This report shows that acquiring PG&E assets is feasible and could be a significant step in meeting our aggressive climate goals