This is why I adjusted SF’s offer for population and then multiplied it by 50%, then used 400 million as the base for financing.

Financing at 4% interest is not the expensive part though. Even if the price was $1 billion it would be 6 cents per kWh.

I agree it would be bad if they had to fight in court for a decade! But you have to start somewhere and as I mentioned you might get a good outcome just from threatening to do it. My hope is the CPUC would force them to accept some offer.