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    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
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    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



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