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by zahlman 13 days ago
> I remember one case where PG&E got approval to charge for grid maintenance, spent hundreds of millions, had ~$100M leftover, then declared "oh we did it cheaper than we expected, executive bonuses all around the C-suite with the extra!" And then we had multi-billion dollar wildfires the following year.

... Is PG&E also expected to do the forestry management? Or what other maintenance could they have done with the money?