Rufuss, it has everything to do with the Bankruptcy... Its what caused it.. responsibility for and their liable for the damages caused from the fires!
The bankruptcy has everything to do with the "inverse condemnation" rules in CA state law. PGE does not have to be shown negligent to be sued into oblivion. That's the beginning and end of it. If they replaced equipment and cleared brush to the extent necessary to lower the odds of any big fire bankrupting them, your rates would be several times what they are at least.
Idiotic bolshevik law plus greedy lawyers is the complete equation. People love to blame the utility but then they immediately schitt the bed when their rates go up to replace equipment or do maintenance.
