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I think you want PG&E to be a government-owned company. It's not, though. That's worth discussing, but right now it's a regulated monopoly, entitled by law to
by UIUC_06 4y ago
I think you want PG&E to be a government-owned company. It's not, though.
That's worth discussing, but right now it's a regulated monopoly, entitled by law to make a "reasonable" profit, AFAIK.
- labcomputer 4y agoGiven the amount that I've had to bail them out as a California taxpayer and as a ratepayer, it's absolutely criminal that they're not currently a government-owned company.
- emodendroket 4y agoWell, these rates were "reasonable" enough before that they were apparently not violating some superlegal principle.