To the editor: Sammy Roth’s column is spot-on detailing the problems of price will increase for mandatory upgrades to the electrical grid (“Wildfires are driving up California electric bills. Lawmakers need to act,” March 20). Nevertheless, the query of who ought to pay conspicuously leaves out the one celebration that ought to be on the very high of that record: the shareholders of those investor-owned corporations. He does point out that a few of the previous price will increase embody a ten% revenue for his or her buyers, however by no means contains them within the dialogue of who ought to pay.
These buyers have been profiting on these corporations’ negligence for many years and proceed to revenue from new price will increase which have new income baked in, based on Roth. He talks about how the ache ought to be felt by the entire taxpayers that profit from diminished hearth threat however neglects the people who find themselves taking advantage of price will increase. Appears to me that the ache ought to be shared with them first.
Robert Rosenblum, Woodland Hills
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To the editor: One needn’t learn any additional in Roth’s column to search out the reply to controlling the prices of electrical energy. Per his column, burying strains is “a surefire however costly method to keep away from ignitions throughout dry, windy climate.” As soon as that funding is made, the problem of fires began by defective tools could be a moot level. Utilities like Southern California Edison ought to droop shareholder payouts till their strains are buried in order that their prospects are lastly saved from the numerous collateral harm attributable to their public security energy shutoffs, harm that SCE refuses to acknowledge, a lot much less reimburse prospects for his or her losses.
Invoice Waxman, Simi Valley
