So, first start passing laws that restrict the profitability of the utility. Then, the market price of the utility decreases and you can do a public buyout more easily.
Unfortunately cpuc has done nothing but allow rate increases, last I checked sdge has the most expensive rates in the continental us. Considering that with how shit the service has been I’d bet they are using that cash to pay regulators. I don’t expect this to go far but I hope it does because fuck sdge and cpuc
So, first start passing laws that restrict the profitability of the utility. Then, the market price of the utility decreases and you can do a public buyout more easily.
Unfortunately cpuc has done nothing but allow rate increases, last I checked sdge has the most expensive rates in the continental us. Considering that with how shit the service has been I’d bet they are using that cash to pay regulators. I don’t expect this to go far but I hope it does because fuck sdge and cpuc