I dread my next PG&E bill.
PG&E murdered countless people by faking maintenance of its lines. They got judgments against them and went into bankruptcy. MERCIFUL someone or other took them out of bankruptcy, and the Public Utilities Commission allowed them to about double rates (for that “free” solar power).
They are a monstrosity, with “regulatory capture” and
A. Their executives should have gone to prison for life for some degree of murder,
B. They should NOT have been allowed out of bankruptcy. The state should have taken over their operations and we have ALL the tech and business brains to do it right.
The shareholders should have gotten 20 cents on the dollar, like us meaningless CUSTOMERS do when we pay 5X the actual cost of electricity to repair their hundred year old lines, wooden poles in dense forest (I see the helicopters checking lines and clearing of SOME power line areas)
I use so damn little electricity except a few months in the summer, so payback on solar might be 20 or 30 years, so forget that.
Oh, and charge monster energy hogs like X and Facebook MORE for their insane power use rather than less, with more coming every day. A college student just posted on Hacker News how they can start a new “Ai” company with no experience and no money. It’s about that time when taxi cab drivers talk about starting up AI companies.
Only losers in this game are idiot customers. Who the hell do you think pays other states to absorb this excess? YES, US SLOBS trying to keep from passing out in the heat. IN OUR HOMES.
F them to hell. Crony Regulatory Capture Capitalism at its deadly worst.
People died and lost their homes, burned to the ground because of PG&E’s criminal operation.
No jail time? No. They get bonuses for murder.
Peace.
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