Urban ratepayers would still be subsidizing the infrastructure upgrades, utility undergrounding, and legal settlements involving wildfires in more rural/wildlan

Urban ratepayers would still be subsidizing the infrastructure upgrades, utility undergrounding, and legal settlements involving wildfires in more rural/wildland areas. Profit notwithstanding, there's a reason why SMUD (Sacramento Municipal Utility District) rates are significantly lower than PG&E: https://www.smud.org/en/Rate-Information/Residential-rates https://www.smud.org/en/Rate-Information/Residential-rates.