PG&E comments on voters’ refusal to take over distribution system

SAN FRANCISCO, Nov. 6, 2002 — Pacific Gas and Electric Co. issued the following statement on the results of Proposition D in San Francisco, which was decided Tuesday

“For the third time in the past year, San Francisco voters have rejected a measure to take over the energy distribution system. As before, voters today saw through this risky and expensive scheme that would have thrust San Francisco into the complex retail energy business.

“Energy issues are complicated and deserve attention. However, some city politicians have instead wasted much of the past two years focusing on takeover of the distribution system, which has brought us no closer to solving any of the energy issues facing San Francisco.

“We trust that City Hall will heed the voters’ wishes as it develops the city’s future energy policy.

“We remain committed to working with the city to provide real solutions to the challenges confronting San Francisco, such as increasing generation and closing Hunters Point Power Plant.

“As we have for nearly 100 years, the hard-working men and women of Pacific Gas and Electric Company will continue to provide safe and reliable service to the people of San Francisco.”

Source: Pacific Gas and Electric Company

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