SAN FRANCISCO - Pacific
Gas and Electric Company issued the following statement, on the
preliminary results of the election in San Francisco:
"Pacific Gas and Electric
Company is pleased by the overwhelming passage of Measure B, which
will promote the development of new, alternative electric generation
(wind and solar power), as well as additional energy conservation
for San Franciscans. The voters clearly recognized that increased
generation and conservation are vital to ensuring adequate, reliable
power supplies for local residents and businesses, and this vote
represents part of a real solution to the energy crisis.
"Voters saw through the
MUD proposal and realized it did not offer a solution to the power
generation crisis. The fate of Proposition F remains unclear and
we await the final tally.
"In the meantime, the thousands
of hard working men and women at Pacific Gas and Electric Company
will continue to deliver the same high level of safe, reliable electric
service to our valued customers in San Francisco that has been the
hallmark of the company for more than 96 years."