Sacramento Bee Editorial Board | November 5, 2021

“The state could also take advantage of multiple offers on the table from local governments, which would break up the company into smaller, government- or community-owned utilities. […] San Francisco even went so far as to offer $2.5 billion for PG&E’s lines within the city, but its offer was dismissed as “pennies on the dollar” by a company that is billions of dollars in debt to its victims.”

SF Chronicle Editorial Board | July 31, 2021

Such is the ignominious record of criminal recidivism and financial insolvency compiled by Pacific Gas and Electric Co. that all feasible alternatives to the utility must be regarded seriously, if not enthusiastically. San Francisco’s so-far-frustrated bid to take its portion of the utility’s power grid public easily qualifies for that consideration.

City Attorney Dennis Herrera this week fired the latest shot in San Francisco’s long-running insurgency against the privately owned utility, asking the California Public Utilities Commission to determine the value of the small part of PG&E’s distribution system lying within its headquarters city. San Francisco has repeatedly tried to buy the lines for $2.5 billion, a price that the utility, despite having gone bankrupt twice in as many decades, haughtily dismissed as “pennies on the dollar.”