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They're also a monopoly... so penalties to PGE just become penalties to Californians... and actually we were just notified about a increase in our bills to cove
by chrischen 7y ago
They're also a monopoly... so penalties to PGE just become penalties to Californians... and actually we were just notified about a increase in our bills to cover their legal costs... https://www.actionnewsnow.com/content/news/Lawmakers-Vote-to-Allow-PGE-to-Raise-Rates-to-Cover-Wildfire-Lawsuit-Costs-492258311.html https://www.actionnewsnow.com/content/news/Lawmakers-Vote-to...
- opportune 7y agoWith this set up we get the worst of both worlds from a consumer perspective, we might as well just make PGE a state owned entity at this point. Right now their profits and equity are privatized but losses socialized, what absolute nonsense