Re:PG&E-friendly wildfire bill being prepared by lawmakers i...
by Scoundreller on Tuesday November 20, 2018 @11:10PM
(#18500104)
> PG+E is regulated so heavily that any costs they pay will basically just be passed on to consumers.
That assumes they survive. Their market cap is $12b and some cost estimates are nearing that, but their own insurance will cover a lot of the costs... for now.
Endlessly increasing rates works when consumers have no alternatives. But this is in California, solar just gets more and more viable.
That assumes they survive. Their market cap is $12b and some cost estimates are nearing that, but their own insurance will cover a lot of the costs... for now.
Endlessly increasing rates works when consumers have no alternatives. But this is in California, solar just gets more and more viable.