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Trans man wins $4.7 million from school district that didn't let him use the restroom
(www.lgbtqnation.com)
this post was submitted on 05 Jun 2024
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In California, the major utility provider was found guilty in relation to wildfires, and fined.
Guess what happened to electricity rates...
That's an argument for making utilities publicly-owned again more than anything else.
It can be both
Publicly-owned like the school district?
At least in the Bay Area, there's a few cities that have municipal utilities (owned and ran by the city). Usually this is because they installed power lines before PG&E existed.
In those areas, the electricity rates are less than 1/3 of PG&E's rates. Residential electricity is around $0.16/kWh in Palo Alto and Santa Clara (city, not county), compared to something like $0.55-0.60/kWh in summer peak with PG&E.
One of the things with PG&E is that customers in city areas subsidise customers in rural areas, since it's quite a bit more expensive to service customers in rural areas. Most of the price difference is greed, though. PG&E have record profits every year. The municipal electricity providers are non-profits and have an incentive to keep prices low.
The thing that confuses me is that California bailed out PG&E when they declared bankruptcy, yet PG&E are still operating as a for-profit company? They essentially just got free money from the government. Why didn't the government take over the company?