I recently learned about electrical utilities in the US - the only way they really make profit is through building new infrastructure (power prices are set by a

I recently learned about electrical utilities in the US - the only way they really make profit is through building new infrastructure (power prices are set by a control board). There’s zero motivation for them to do maintenance, which is how we wound up with some of the devastating California wildfires a year or two ago. When something is of public importance, like a utility, it really seems that running it as a public service instead of a private company seems like the right call