To the editor: Employees author Melody Petersen’s article is an efficient begin on the failure of for-profit utilities to take public security critically, nevertheless it doesn’t go practically far sufficient (“Edison’s security file declined final yr. Government bonuses rose anyway,” Might 18).
In a primary approximation, the greenback worth of the injury completed 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 demise of the for-profit company.
Basically, the monetary incentives for the management of a for-profit company will at all times favor short-term expense administration over public security. There isn’t a method trivial changes in government compensation will deal with 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 scorching, dry and windy. We have to require our electrical utilities to take this critically.
Sue Greer, Altadena
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To the editor: Gee, good work if you may get it. One query: Why do any of SoCal Edison’s executives get a bonus in any yr? And simply what does Chief Government Pedro Pizarro really do, each day, to justify his ludicrous paycheck?
Jack Grimshaw, Lake Forest
