SF nearly had its own power grid 100 years ago until PG&E came along. Here's what happened

Lyanne MelendezImagine San Francisco owning its power system. It almost happened 100 years ago. Now there is a push to finish what the city started and save customers money by purchasing PG&E's grid.Pacific Gas and Electric customers have been hit by rate increase after rate increase and now they could have to pay a monthly fixed charge for infrastructure costs.

A few years later, San Francisco was well on its way, building a hydroelectric powerhouse at Moccasin Creek. "Nine, maybe 10 times, bond acts were put before the people and every time PG&E spent so much money campaigning against it that they didn't pass, in part because the city leaders didn't campaign for it," said Redmond.

Ammiano revealed he too was once quietly approached by a PG&E representative offering support for his political campaign."We, if you are favorable to us, we can have a fundraiser for you and we can get you $25,000," he told ABC7 news. In 2019, the utility company filed for bankruptcy after announcing a $13.5 billion settlement with fire victims and their families.PG&E then began undergrounding power lines in high-risk areas, passing on those costs to customers.With all this negative publicity and animosity toward PG&E, the San Francisco PUC says it's time to buy them out."We actually made three separate offers to PG&E, by letter, $2.

PG&E also cited a study that found that "...when utilities were municipalized, the costs passed onto customers often rose."

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