PG&E: Pretty greedy and expensive
by Press-Banner
Jul 12, 2012 | 907 views | 2 2 comments | 2 2 recommendations | email to a friend | print

EDITOR,

Pacific Gas & Electric Co. is once again showing its arrogant contempt for its customers. It now expects the ratepayers to foot the $2 billion bill over the next three years to pay for the overhaul of its gas distribution system.

This is the same gas distribution system that PG&E steadfastly failed to maintain so the money could instead be spent as dividends to the shareholders and make the PG&E stock look good.

Well, we say it is time to withhold dividends and upper management's large paychecks to fix this problem, instead of holding the customers' safety for ransom. What PG&E is telling us is that either we fork over the money or it will let us blow up. San Bruno was its warning shot.

Mary and Virgil Champlin, Brookdale

Comments
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anonymous
|
August 10, 2012
"This is the same gas distribution system that PG&E steadfastly failed to maintain so the money could instead be spent as dividends to the shareholders and make the PG&E stock look good."

How do you know that's the case? Sounds like another crazy left-winger against evil corporations and evil rich people.

"...holding the customers' safety for ransom"

Ya lets get all riled up and burn the place down like an angry mob with pitchforks.
anonymous
|
August 11, 2012
It's kind of like the Lompico water dilemma; you don't really have a choice to just shop around for a water company. If you want water, pay up for repairs or start showering with Aquafina.


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