To the editor: In fact Southern California Edison needs a rate hike to pay for the damage its tools was discovered to have induced in separate wildfires in 2017 and 2018. There’s no motive that the corporate’s shareholders ought to pay if it may be pinned on ratepayers.
Pacific Gasoline & Electrical bought away with the identical factor after a hearth attributable to its tools burned down a lot of the city of Paradise, Calif., in 2018.
These utility corporations must be public, identical to the Sacramento Municipal Utility District, or SMUD, which took a long time to interrupt away from PG&E’s sphere. The SMUD solutions to ratepayers slightly than shareholders. Charges are decrease, and the utility has file of placing in renewables equivalent to wind.
California made a pact with the satan when it took a budget means out and let non-public utilities be shaped.
Diane Lynch, Tiburon, Calif.
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To the editor: Edison mustn’t get approval to extend charges to its prospects for one thing that was the corporate’s fault.
As a substitute of getting its prospects to choose up the tab, Edison ought to cease paying dividends to stockholders till the cash for tools upgrades is recouped. Perhaps then there can be extra accountability for damages.
Eric Garnier, Ventura
