Friday, June 11, 2010
Rates
You know the $46 million that PG&E just spent promoting their own interests via Proposition 14? Well, the Proposition lost and that means...you and I and anyone else who gets a PG&E utility bill will get to pay for our 'share' of the wasted $46 million. Shouldn't there be a law that says that public utilities can't draw up legislation? Shouldn't they stick to providing power as economically as possible? Yes, I'm all for a government takeover of all PUBLIC utilities...as long as part of my bill goes to a stockholder somewhere, that utility is not serving me, the public.
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Now you have my curiosity up Steve. I don't ever recall voting for any public utility district official other than water district and they usually run unopposed and aren't connected with electricity.
ReplyDeleteThe Proposition we were voting on was drawn up by the utility that was going to benefit if it passed. PG&E is a private utility that needs oversight by a Public Utility Commission that isn't in the pocket of said private utility. PG&E spent a load of money trying to pass this proposition and strangely...it lost by a small number of votes. The public is too easily swayed by the ads and that is why I would like to see the private utilities taken over. In the state, we have both private and public utilities and the rates are miles apart. Not fair.
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