3 ms·

cost and regulators generally have been unwilling to approve the rate increases necessary for resilience plus we make our utilities pay prevailing wage

RangerScience 2y ago
Yeah because those are where the money’s going. https://www.google.com/search?q=pg%26e+profits https://www.google.com/search?q=pg%26e+profits
- whimsicalism 2y ago
  1. a 10% profit margin this year - they are not even profitable over the last 10 years and barely profitable over the last 25. 2. yea, prevailing wage requirements are definitely relevant to the marginal cost of a labor intensive undergrounding project 3. why is pg&e the topic of discussion here?
  - RangerScience 2y ago
    The last batch of fires were, AFAIK, caused by under-maintained PG&E infrastructure. I would not be surprised if it turns out these were, too.
    - rented_mule 2y ago
      LADWP (Los Angeles Department of Water and Power) and SCE (Southern California Edison) provide almost all electricity near these fires. PG&E does not operate in the Los Angeles area: https://www.pge.com/tariffs/assets/pdf/tariffbook/ELEC_MAPS_Service%20Area%20Map.pdf https://www.pge.com/tariffs/assets/pdf/tariffbook/ELEC_MAPS_...
      - verteu 2y ago
        GP is referring to these fires: https://apnews.com/article/af0ec776efd4b3049f7800ff981bff88 https://apnews.com/article/af0ec776efd4b3049f7800ff981bff88 > Pacific Gas & Electric’s outdated equipment ignited wildfires in California that killed more than 100 people, wiped out entire towns and led the company to confess to crimes driven by its greed and neglect. > The decision by U.S. Bankruptcy Judge Dennis Montali clears the way for PG&E to pay $25.5 billion for losses from devastating fires in 2017 and 2018.
        Dylan16807 2y ago
        I think you missed half the post: "I would not be surprised if it turns out these were, too."
        verteu 2y ago
        Whoops, I did. Thanks for the correction!
      - RangerScience 2y ago
        Ah! You’re correct, thank you for the correction. I’ve been LADWP for so long I forgot the rest of the area was SCE. I have a friend who does power pole inspection, and boy, the stories. Infra is crumbling.

RangerScience 2y ago

Yeah because those are where the money’s going. https://www.google.com/search?q=pg%26e+profits https://www.google.com/search?q=pg%26e+profits

whimsicalism 2y ago
1. a 10% profit margin this year - they are not even profitable over the last 10 years and barely profitable over the last 25. 2. yea, prevailing wage requirements are definitely relevant to the marginal cost of a labor intensive undergrounding project 3. why is pg&e the topic of discussion here?
- RangerScience 2y ago
  The last batch of fires were, AFAIK, caused by under-maintained PG&E infrastructure. I would not be surprised if it turns out these were, too.
  - rented_mule 2y ago
    LADWP (Los Angeles Department of Water and Power) and SCE (Southern California Edison) provide almost all electricity near these fires. PG&E does not operate in the Los Angeles area: https://www.pge.com/tariffs/assets/pdf/tariffbook/ELEC_MAPS_Service%20Area%20Map.pdf https://www.pge.com/tariffs/assets/pdf/tariffbook/ELEC_MAPS_...
    - verteu 2y ago
      GP is referring to these fires: https://apnews.com/article/af0ec776efd4b3049f7800ff981bff88 https://apnews.com/article/af0ec776efd4b3049f7800ff981bff88 > Pacific Gas & Electric’s outdated equipment ignited wildfires in California that killed more than 100 people, wiped out entire towns and led the company to confess to crimes driven by its greed and neglect. > The decision by U.S. Bankruptcy Judge Dennis Montali clears the way for PG&E to pay $25.5 billion for losses from devastating fires in 2017 and 2018.
      - Dylan16807 2y ago
        I think you missed half the post: "I would not be surprised if it turns out these were, too."
        verteu 2y ago
        Whoops, I did. Thanks for the correction!
    - RangerScience 2y ago
      Ah! You’re correct, thank you for the correction. I’ve been LADWP for so long I forgot the rest of the area was SCE. I have a friend who does power pole inspection, and boy, the stories. Infra is crumbling.