I've worked in the energy industry. There is complete capture there. When PG&E is the "bad guy" it's because the government needs them to be. ERCOT works the sa

I've worked in the energy industry. There is complete capture there. When PG&E is the "bad guy" it's because the government needs them to be. ERCOT works the same way (though is better). If the government wanted PG&E to properly fund their line maintenance, PG&E would properly fund their line maintenance.