by Michael Parenti
Featured Writer
Dandelion Salad
www.michaelparenti.org
Oct. 14, 2010
Pacific Gas & Electric (PG&E) is a multi-billion-dollar privately owned, publicly regulated utility whose main function is to make enormous profits for its shareholders at great cost to ratepayers. I know this to be true; I’m one of the ratepayers.
Better than Bernard
The California Public Utilities Commission (PUC) permits PG&E to charge rates that are 30 percent higher than the national average.