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by ahmeneeroe-v2
280 days ago
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>the urban areas of California are subsidizing the fire prone rural areas of the state Meanwhile Rural California is where the electricity is actually generated[1]; they're "subsidizing" urban use. >SVP vs PG&E This has nothing to do with the ownership model and everything to do with not being obligated to serve rural areas. They get to serve only lower cost dense areas [1] https://en.wikipedia.org/wiki/List_of_power_stations_in_Cali... |
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[1] - https://www.zacks.com/stock/quote/PCG/income-statement?icid=...