To the editor: Sammy Roth’s column is spot-on detailing the problems of price will increase for essential upgrades to the electrical grid (“Wildfires are driving up California electric bills. Lawmakers need to act,” March 20). Nonetheless, the query of who ought to pay conspicuously leaves out the one get together that needs to be on the very prime of that record: the shareholders of those investor-owned firms. He does point out that a number of the previous price will increase embrace a ten% revenue for his or her traders, however by no means consists of them within the dialogue of who ought to pay.
These traders have been profiting on these firms’ negligence for many years and proceed to revenue from new price will increase which have new income baked in, in line with Roth. He talks about how the ache needs to be felt by all the taxpayers that profit from lowered hearth danger however neglects the people who find themselves benefiting from price will increase. Appears to me that the ache needs to be shared with them first.
Robert Rosenblum, Woodland Hills
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To the editor: One needn’t learn any additional in Roth’s column to search out the reply to controlling the prices of electrical energy. Per his column, burying strains is “a surefire however costly approach to keep away from ignitions throughout dry, windy climate.” As soon as that funding is made, the problem of fires began by defective tools could be a moot level. Utilities like Southern California Edison ought to droop shareholder payouts till their strains are buried in order that their prospects are lastly saved from the numerous collateral injury attributable to their public security energy shutoffs, injury that SCE refuses to acknowledge, a lot much less reimburse prospects for his or her losses.
Invoice Waxman, Simi Valley
