To the editor: Given all the difficulty brought on by Southern California Edison, is it time to make our electrical firms public utilities? Having a public utility can’t be worse than having a personal one. (“Preemptive power shutoffs that have gone on for days draw complaints from Inland Empire residents, politicians,” Jan. 25)
Neglecting tools and failing to make upgrades earlier than one thing occurs appear to be the corporate’s observe, as does paying executives high pay whereas growing prospects’ already excessive month-to-month payments. Disgrace on Southern California Edison.
Mum or dad firm Edison Worldwide is publicly traded. It at present pays an annual dividend of $3.31 per share (almost a 6% yield), so I’d say that together with the highest executives, Edison’s stockholders are doing simply tremendous.
These funds, each these extreme salaries and dividends, ought to be reinvested in enhancing the corporate’s tools first, in order that these outages and fires are mitigated first.
Paul Thompson, Manhattan Seaside
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To the editor: It’s fairly easy to infer what’s occurring right here.
The extra Edison is sued each efficiently and speciously, the decrease the bar goes to be set for energy cutoffs and their period. We should settle for this or give Edison some type of safety.
Tony Wolcott, Newport Seaside
