Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Twitch and Amazon face lawsuit over use of streamers’ content to train AI
    • New Development Rising on Old Middlebrook Pike
    • Ukraine wants peace but won’t give in, Zelenskyy says on Independence Day
    • Saudi Arabia’s MBS visits Macron in France: What to expect | Business and Economy News
    • Rob Manfred shares update about potential lockout, explains Little League Classic decision
    • Contributor: Insurers have been tilting arbitration in their favor for years
    • Iran live updates: Tanker struck by projectile as US and Iran trade threats
    • Indiana’s Blackout Exposes America’s Decaying Power Grid
    Prime US News
    • Home
    • World News
    • Latest News
    • US News
    • Sports
    • Politics
    • Opinions
    • More
      • Tech News
      • Trending News
      • World Economy
    Prime US News
    Home»Opinions»People are mad at Edison. Is it time for private utilities to go?
    Opinions

    People are mad at Edison. Is it time for private utilities to go?

    Team_Prime US NewsBy Team_Prime US NewsJanuary 31, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Jan. 30, 2025 3 AM PT

    To the editor: Given all the difficulty brought on by Southern California Edison, is it time to make our electrical corporations public utilities? Having a public utility can’t be worse than having a personal one. (“Preemptive power shutoffs that have gone on for days draw complaints from Inland Empire residents, politicians,” Jan. 25)

    Neglecting tools and failing to make upgrades earlier than one thing occurs appear to be the corporate’s apply, as does paying executives high pay whereas growing clients’ already excessive month-to-month payments. Disgrace on Southern California Edison.

    Mother or father firm Edison Worldwide is publicly traded. It at present pays an annual dividend of $3.31 per share (practically a 6% yield), so I’d say that together with the highest executives, Edison’s stockholders are doing simply nice.

    These funds, each these extreme salaries and dividends, must be reinvested in enhancing the corporate’s tools first, in order that these outages and fires are mitigated first.

    Paul Thompson, Manhattan Seashore

    ..

    To the editor: It’s fairly easy to infer what’s taking place right here.

    The extra Edison is sued each efficiently and speciously, the decrease the bar goes to be set for energy cutoffs and their length. We should settle for this or give Edison some type of safety.

    Tony Wolcott, Newport Seashore



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleThe DNC’s outgoing chair says Democrats should have stuck with Joe Biden in 2024
    Next Article Heat’s Rozier being investigated as part of illegal betting probe
    Team_Prime US News
    • Website

    Related Posts

    Opinions

    Contributor: Insurers have been tilting arbitration in their favor for years

    August 24, 2026
    Opinions

    ‘Beauty horror’ shows us that race runs more than skin deep

    August 23, 2026
    Opinions

    Case involving phony, AI-generated law is ‘beyond comprehension’

    August 23, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Most Popular

    Was the US capture of Venezuela’s president legal?

    January 4, 2026

    Trump says US will not ‘rush into a deal’ with Iran

    May 24, 2026

    Meta urged to go further in its crackdown on ‘nudify’ apps

    June 12, 2025
    Our Picks

    Twitch and Amazon face lawsuit over use of streamers’ content to train AI

    August 24, 2026

    New Development Rising on Old Middlebrook Pike

    August 24, 2026

    Ukraine wants peace but won’t give in, Zelenskyy says on Independence Day

    August 24, 2026
    Categories
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • US News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Primeusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.