[duckymcduckface]

A counter example would be Quebec's grid which was nationalized in the 40s. Hydro Quebec owns generation, transmission and distribution for the province and provides the lowest residential rates in North America while operating at a profit. Admittedly we have access to stupid amounts of hydro power and a population that's a lot smaller than California.

[K0SM0S]

“Admittedly we have access to stupid amounts of hydro power and a population that's a lot smaller than California.”

Well, even if the mission isn't too difficult, the prowess of being a great counterexample should be noted and praised.

Now if you guys could just write the book so we can export your ideas... ; )

[duckymcduckface]

They have, they're mostly in French though but the language debate in Quebec is a whole other bag of worms...