4 ms·
> They couldn't have used that money for updates and maintenance? My understanding is that they could not, yes, because state regulators exercise line-by-line
by bzbarsky 7y ago
> They couldn't have used that money for updates and maintenance?
My understanding is that they could not, yes, because state regulators exercise line-by-line control over PG&E's budgets, including how much money will be distributed as dividends and how much money will be spent on maintenance.