[lwf]

The vast minority of utilities in the United States, by number of customers served, are investor-owned; publicly-owned and co-operative utilities only cover 50m people.[1]

Theoretically, the grid is supervised by the California Public Utilities Commission, which has wide latitude to set standards and regulations for PG&E and others. The Public Utility Code is the highest law in the state of California[2], so IMHO a large part of the blame for PG&E's failures fall on CPUC's failed oversight[3][4]

[1]: https://www.eia.gov/todayinenergy/detail.php?id=40913

[2]: https://en.wikipedia.org/wiki/California_Public_Utilities_Co...

[3]: http://www.sfgate.com/bayarea/article/CPUC-head-Michael-Peev...

[4]: https://www.nbcbayarea.com/investigations/pge-probation-lift...