Outside Editorial: CPUC should reject SDG&E's scheme to make ratepayers pay for wildfires that it caused
Friday, 06 April 2012 14:32
By Miriam Raftery, Editor, East County Magazine
April 5, 2012 (San Diego’s East County)--When ENRON schemed to manipulate markets and defraud ratepayers, its executives went to jail. BP faces billions of dolalrs in fines for causing the Gulf Oil spill. When automobile manufacturers sold cars with dangerous defects that killed people, it was their shareholders who paid the price. A lost hunter convicted of accidentally starting the Cedar Fire with a flare gun also spent time in jail.
Why, then, should SDG&E and its publicly traded parent company, Sempra Energy, expect local ratepayers to pay for its uninsured liability costs for the wildfires that it caused, while its executives get off scott free?