To the editor: Employees author Melody Petersen’s article is an efficient begin on the failure of for-profit utilities to take public security significantly, but it surely doesn’t go almost far sufficient (“Edison’s safety record declined last year. Executive bonuses rose anyway,” Might 18).
In a primary approximation, the greenback worth of the harm performed in my neighborhood of Altadena is on par with the market capitalization of Southern California Edison. The penalty for a failure on this scale must be the dying of the for-profit company.
Basically, the monetary incentives for the management of a for-profit company will all the time favor short-term expense administration over public security. There isn’t any manner trivial changes in govt compensation will handle this. Utilities have to reply to voters, not shareholders.
The Legislature must convert SoCal Edison and PG&E into municipal utilities. They should require utilities to maneuver transmission traces away from areas of dry vegetation or bury them. The longer term is sizzling, dry and windy. We have to require our electrical utilities to take this significantly.
Sue Greer, Altadena
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To the editor: Gee, good work if you will get it. One query: Why do any of SoCal Edison’s executives get a bonus in any 12 months? And simply what does Chief Government Pedro Pizarro really do, each day, to justify his ludicrous paycheck?
Jack Grimshaw, Lake Forest
