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by dheera 2273 days ago
If only shareholders would think the same way about PG&E and other companies that could use infrastructure upgrades ...
1 comments

PG&E is so far behind on deferred maintenance that people have been petitioning for California to socialize it so the state stops catching on fire from high tension powerlines.

You will be glad to know that they've protected executive bonuses, though.

Didn't PG&E get blocked from performing upgrades by the state utilities commission? Something about not wanting to increase power customer bills... utility incentives are not easy.