> The amount of profit they make is decided by the state regulators
replyWhich set things up so the money PG&E makes is a linear function in the money PG&E wastes. -- the regulations set a fixed profit margin, so to make more money PG&E need simply waste more money and pass the cost onto the public which is exactly what they are doing.
The rates that PG&E charges are also decided upon by the regulators. So no, what you say isn't correct. In fact, the people who decided to cut the tree trimming budget, those were appointed state regulators. And that decision led to the increase in fires.
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