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Budget Committee pauses Clean Power SF contract, seeks amendments and protections amid PG&E bankruptcy concerns
Summary
Committee sought clarifications about PG&E bankruptcy risks and cash‑flow protections before approving a retroactive 10‑year service agreement between Clean Power SF (SFPUC) and PG&E; the committee accepted BLA corrections and continued the item to the next meeting for further assurances.
The Budget and Finance Committee considered a retroactive resolution to approve a 10‑year service agreement between Clean Power SF (the city’s community choice aggregation program operated by the San Francisco Public Utilities Commission) and Pacific Gas & Electric Company for meter reading, billing and related services. The proposed agreement runs January 1 through December 31, 2028, and staff estimated PG&E charges of roughly $1.5–$2.0 million per year, for an estimated total of about $19–$20 million over 10 years; the contract authority was described on the agenda as not to exceed $20,000,000.
Mike Hayams, director of Clean…
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