trying to paint the parent comment as a misleading trickster isn't very helpful, and just stating PG&E's net income doesn't touch on how regulated utilities wor

trying to paint the parent comment as a misleading trickster isn't very helpful, and just stating PG&E's net income doesn't touch on how regulated utilities work. Removing all the profit puts a couple 2-3 year band-aid over the fact that PG&E's infrastructure recovery requests make up the bulk of their cases. CPUC sees all their projections, plans, requests, and expenses, compensation when they come to them for rate cases. They also make decisions on executive compensation and incentive plans. Whether or not you make the assumption that CPUC is in cahoots with IOUs, what changes when you liquidate PG&E, when the new boss is just the old boss' boss? You're probably better off trying to rebuild some generation system avoiding transmission lines in risky areas.