San Francisco Grid Takeover by PG&E Estimated at $22.5 Billion

• PG&E estimates the cost of a government takeover of its grid in San Francisco at $22.5 billion.
• This estimate is more than six times the city's estimate.
• PG&E provided this estimate in testimony to the California Public Utilities Commission.
• The cost includes $13.9 billion for electric and property assets in the city.
• The takeover would involve transferring the utility's assets to a government-run utility.