> Why didn’t they prioritize fixing equipment in a dry forest adjacent to a populated area?
They spend billions of dollars on maintenance each year, so obviously they prioritized fixing whatever all the equipment that they did actually fix that year.
PG&E knows about tens of billions of dollars of infrastructure which is past its useful life. Towers built in 1910s and 1920s which are so old it’s hard to even get up on them to patch them. Towers they don’t even know what year they were even built.
Rates are set in a political environment and those rates pay for supply, maintenance, clean energy enhancements, and dividends.
Why weren’t rates set higher? What percent of rate revenue was spent on shifts to renewables? Why not go after that spending as well as dividends? Dividends were 1/15th of the revenue, to put it in perspective.
As to your bridge analogy;
> The U.S. has been underfunding its highway system for years, resulting in a $836 billion backlog of highway and bridge capital needs. The bulk of the backlog ($420 billion) is in repairing existing highways, while $123 billion is needed for bridge repair, $167 billion for system expansion, and $126 for system enhancement (which includes safety enhancements, operational improvements, and environmental projects).
They spend billions of dollars on maintenance each year, so obviously they prioritized fixing whatever all the equipment that they did actually fix that year.
PG&E knows about tens of billions of dollars of infrastructure which is past its useful life. Towers built in 1910s and 1920s which are so old it’s hard to even get up on them to patch them. Towers they don’t even know what year they were even built.
Rates are set in a political environment and those rates pay for supply, maintenance, clean energy enhancements, and dividends.
Why weren’t rates set higher? What percent of rate revenue was spent on shifts to renewables? Why not go after that spending as well as dividends? Dividends were 1/15th of the revenue, to put it in perspective.
As to your bridge analogy;
> The U.S. has been underfunding its highway system for years, resulting in a $836 billion backlog of highway and bridge capital needs. The bulk of the backlog ($420 billion) is in repairing existing highways, while $123 billion is needed for bridge repair, $167 billion for system expansion, and $126 for system enhancement (which includes safety enhancements, operational improvements, and environmental projects).
https://www.infrastructurereportcard.org/roads/funding-futur...