A publicly owned company might have to double prices, but that money would practically speaking have to go into infrastructure spending. If not, the governmenta

A publicly owned company might have to double prices, but that money would practically speaking have to go into infrastructure spending. If not, the governmental entity in charge cans the C-suite and brings new people in. If a private company like PG&E gets that extra money, maybe they spend it on infrastructure, maybe they give half of it back to investors as a dividend. Then they come back again and ask for more. You don't want any of those nasty fires, do you?