NewsCalifornia News

Actions

City of San Francisco offers to buy PG&E's power grid

Posted
and last updated

SAN FRANCISCO, Calif. — With PG&E facing bankruptcy the utility may be getting some assistance from the city of San Francisco. The city is offering to buy PG&E's power grid and other infrastructure in the city for $2.5 billion.

The deal doesn't include the utility's natural gas system but Mayor London Breed said they believe this deal will offer financial stability to PG&E. The company is facing billions of dollars in claims over wildfires started by its equipment. PG&E has filed a proposal for a $17.9 billion bankruptcy exit plan with a federal court although in a statement the utility said selling assets to San

Francisco would not be in the best interest of the company.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Wednesday

06/17/2026

Sunny

102° / 72°

0%

Thursday

06/18/2026

Sunny

98° / 66°

0%

Friday

06/19/2026

Sunny

93° / 61°

0%

Saturday

06/20/2026

Sunny

90° / 65°

0%

Sunday

06/21/2026

Sunny

94° / 67°

0%

Monday

06/22/2026

Sunny

98° / 70°

0%

Tuesday

06/23/2026

Sunny

102° / 73°

0%

Wednesday

06/24/2026

Sunny

104° / 76°

0%