The Devil is in the Details of any State Takeover of California’s Private Electric Utilities

“The devil’s greatest trick ever played is to claim he doesn’t exist” – Charles Baudelaire

The current justification for the State of California to take over its three private investor-owned electric utilities (PG&E, SDG&E and Edison) is that public utilities do not have to pay a profit to its shareholders.  This ideology devilishly misleads Californians.

After 30 years of working for county government and public utilities in California I realized that government doesn’t solve problems, it just ...