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Clean Power SF prepares for citywide enrollment as PG&E bankruptcy looms
Summary
Clean Power SF reported it serves about 111,000 accounts and is preparing April auto-enrollment of ~280,000 accounts. Staff said the program is managing rate changes and monitoring PG&E's expected Chapter 11 filing for potential impacts on remittance and cash flow.
Barbara Hale, assistant general manager for power, updated the commission Jan. 22 on Clean Power SF operations and risks tied to PG&E.
Hale said the program added roughly 2,000 accounts in January and now serves about 111,000 active accounts, with Super Green (100% renewable) subscribers near 4,200. Staff are preparing for an April auto-enrollment that would add roughly 280,000 mostly residential accounts.
The commission previously adopted rate adjustments to reflect decreases in PG&E's generation rates and to account for exit-fee (PCIA) changes; that action also authorized the general manager to finalize rates after the California PUC and PG&E update their rates.
Hale briefed commissioners on PG&E's public statement indicating it intended to file for Chapter 11 bankruptcy protection around Jan. 29. She said Clean Power SF does not expect service interruption to customers because PG&E will continue distribution, metering and billing operations, but a bankruptcy could delay remittances from PG&E to the city and create short-term cash-flow pressure. Staff said they are coordinating with the Controller's Office and counsel to identify mitigations and have received lawyer assurances that PG&E intends to seek court approval to continue remittances as an ordinary-course business activity.
Commissioners asked clarifying questions; no public speakers commented on this presentation. Staff said they will keep the commission informed as the bankruptcy or rate-setting proceedings evolve.
