Mayor London Breed on SFPUC Initial Report on Acquiring PG&E Assets in San Francisco
San Francisco – Today, Mayor London N. Breed issued the following statement after the San Francisco Public Utilities Commission (SFPUC) issued its initial report on the feasibility of acquiring PG&E assets in San Francisco. The SFPUC conducted the study in response to a letter sent by Mayor Breed on January 14th.
“This report shows that acquiring PG&E assets is feasible and could be a significant step in meeting our aggressive climate goals while also prioritizing safety, transparency, and affordability for our residents. There is still a lot of work to be done, but it is in the long-term interest of our city to continue down this path to take advantage of this unique opportunity. San Francisco has a proven track record of providing clean and reliable power through our Hetch Hetchy Power and CleanPowerSF programs, and we can and should build on that success. The SFPUC should continue working closely with the City Attorney’s Office to conduct the more in-depth assessments necessary for an acquisition. I want to thank the SFPUC and the City Attorney for crafting this initial report and I look forward to the next steps in this process.”
The SFPUC report can be found here.