In a region with very dry conditions and strong Santa Ana winds, how wide does a clear cut have to be to be safe from sparking a wildfire, and how many goats have to graze it to keep it safe? Will the public accept that amount of clearcutting?
– In other media, about utilities in other places (such as Seattle) they talk about burying the transmission lines. Which is a whole 'nother cost.
Sounds to me like Zora Renee missed several weeks of first year economics. Businessmen and businesses make profits by pleasing and serving their customers. This, I should emphasize, is the mass of customers individually, not the collective public good. So if a customer wants to build a house up in the fiery hills and pay for building the electric lines to that house, and the electricity, the company is willing to do it, rather than maximize the public good by telling the customer that they can’t provide the electricity and the customer shouldn’t be building a house there in the first place.
To refer to an obvious counterexample, billionaire Oprah Winfrey never took money from anyone. She created a very successful TV show and people willing gave her money to watch it.
With a sufficient amount of competition, the seller might still be tempted to cut corners, but they don’t have the ability to jack up prices. And over the long term cutting corners is a great way to lose customers to the competitor.
Worth recalling that the purpose was 1) to encourage competition in the production of energy, and 2) provide liberty to the woke to purchase clean green energy without requiring the rest of the customers to agree to it. #2 subject to the question of whether clean green is cheaper than standard, or more expensive. Analogy is that most organic foods for years have been more expensive per ounce than the corresponding standard food.
On the general topic of Jake Johnson’s article, I don’t live in California, so it is easy for me to agree that you in California deserve to own your electricity producers publicly. You (not me) will enjoy or suffer the consequences of doing it.