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Cleaning up accumulated kindling and fixing up their infrastructure is actually under their control. It's just they never gave priority to it. It's a pattern of
by smsm42 7y ago
Cleaning up accumulated kindling and fixing up their infrastructure is actually under their control. It's just they never gave priority to it. It's a pattern of behavior for them: https://www.sfgate.com/bayarea/article/PG-E-diverted-safety-money-for-profit-bonuses-2500175.php https://www.sfgate.com/bayarea/article/PG-E-diverted-safety-...
And why not? If they get hit with a lawsuit, they can just jack up the rates or if citizens get too noisy, just shut them off for a week or two and show them who's the boss here. It's not like the customers can go elsewhere, and they are guaranteed 10% return on the money by the state by ROE rate arrangements, whatever happens. How many other "private" companies do you know that are guaranteed to make money no matter what?