Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> If California doesn't like PG&E making ... profit.. it should set lower profit target, and allow PG&E spend more money on maintenance

Who makes decisions at the CPUC? It's a self-fulfilling prophecy. This is circular logic.



Political appointees who have enormous incentives to keep electricity prices as low as possible.


And yet California has one of the highest electricity costs in the country. Things definitely don’t add up.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: