4 ms·
well there's a couple things, vague meme strawmanning isn't very constructive, and the reality is that the relevant people who have been saying stuff is too exp
by gimmeThaBeet 7y ago
well there's a couple things, vague meme strawmanning isn't very constructive, and the reality is that the relevant people who have been saying stuff is too expensive is California.
This stuff goes back to Enron and even further. The liabilities utilities are exposed to in California don't match the rates people are paying, and the electricity rates are already really high. You can claw back all the profits, all the bonuses you want, the money you're talking for proper maintenance is way higher than that, the money for a complete overhaul is higher than that.
You can make the utility public, but then you have to contend with the fact that CPUC has been there every step of the way.