(From press release) The board of Yolo County’s clean power agency has submitted a $300 million bid to purchase Pacific Gas & Electric’s lines, poles and other electricity distribution assets within Yolo County.
The purchase would enable the creation of a locally owned and operated public utility that the board has concluded would result in a more successful, efficient and safe electricity system.
Following the announcement this summer of its intent to examine the purchase of local PG&E assets, and after months of study and review with expert consultants, the Valley Clean Energy board of directors submitted a non-binding offer Friday, Oct. 18, to purchase PG&E’s assets.
Valley Clean Energy’s offer would ultimately be subject to approval by the federal court handling the PG&E bankruptcy case.








