Almost all the big utilities are investor-owned, which means they have shareholders who have been promised at least the occasional dividend. Corners get cut in order to ensure that this flow of cash continues apace, and decisions get made with profit motives in mind that brook little concern for the particular capacities, and incapacities, of the grid. We may imagine the grid as primarily a machine to make and move electricity, but integral from the very start was that it also make and move vast quantities of money. A lot of people are still happy with this way of doing things.