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by matis140
2743 days ago
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PG&E is much worse than a private company. It is the weird result of heavy government regulation on the wrong most ant-competitive ways + lots of lobbying. PG&E is not subject to any free markets. Cali for example has 3 of these companies each serving certain regions. When there was completion in the power market you had multiple companies inside cities all providing different kinds of service (AC, DC, varying volts/amps) in crazy ways that would result in most of our modern electronics getting baked. The standards were good. It is however also difficult to have free market power when your cities heavily regulate who can put up utility lines and where so poles don't get too ugly or loaded. There are a lit of reasons what we have is worse than private or completely public. |
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