Falling panel prices lead to global solar boom, except for the US

PG&E's most transparent fraud is by forcing people to move everything to electricity and then forcing them to use less electricity, and then complaining they aren't making enough money so that they raise electricity rates. Last year, PG&E raised rates 6 times. I'm now paying double the per kWh rates from only 4 years ago.

PG&E now wants to charge solar panel owners $100+/month just for the privilege of being connected to the grid. This is on top of their $0.41-54/kWh they already charge, the highest in the nation.

PG&E is a government-supported scam that is charging people whatever prices they want with no protection from our politicians because they are all on the take.

Isn't a lot of this the government insisting that PG&E act as the de facto California wildfire insurance provider and collect the premiums out of everyone's electric bill?

You have wildfires caused by, basically, climate change causing there to be an abundance of fuel (dead wood) waiting for any spark, exacerbated by decades of the government putting out every wildfire when in the natural environment the last fire would have cleared out the dead wood before the next one, causing fuel to accumulate even more.

At that point it doesn't matter what the ignition source is, that much fuel is going to burn, soon. If it isn't some piece of PG&E equipment it will be a lightning strike or something else. But if you can pin it on the power company because a tree caught fire from falling on a power line then the fire insurance companies can sue the power company instead of filing for bankruptcy, and then all you have to do is pass on the cost to ordinary people as $500/month electric bills.

PG&E instead of constantly upgrading and maintaining their distribution system, decided to pay out dividends and buy back stock, as well as pay their CEO $50 million per year. That's why their outdated equipment kept starting fires.

They took a risk by underspending on upgrading, and we as Californians are paying for them paying out their shareholders.

Power transmission is not a technology with a high rate of change. It's basically a wire on a stick. If a tree falls on it the tree catches fire because it carries high voltage and the tree creates a path to ground. What is "upgrading their equipment" supposed to do?

They were supposed to bury them underground but they didn't. This is a well known issue that they ignored because they didn't want to spend the money and instead paid dividends and did massive stock buybacks. Now, 20 years later, the costs have skyrocketed because of inflation.

Burying power lines is extremely expensive and does nothing to actually prevent wildfires, which existed in California before the advent of electric utilities. You're complaining about a $50M salary while insisting that they do something ineffective that costs $20B. Then you'd get to pay the cost of burying the power lines and the cost of the fires. Is that actually better than just moving the cost of the fires back to the insurance companies to begin with?

You are literally uttering nonsense.

No one is blaming PG&E for all wildfires. We are blaming PG&E for the wildfires THAT THEY CAUSED. These fires could have been prevented if THEY BURIED THEIR POWERLINES back in the early 2000s when it was far cheaper and like they promised. They instead decided to ditch that and instead buyback stock and pay lucrative dividends.

Burying powerlines would 100% prevent wildfires which were caused by sparking or broken power equipment, which has been the documented reason why several extremely large and fatal wild fires were caused by.