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akira2501 | 1 year ago

You've apparently never had power run out to a new property that's not had it before. You pay for that. The poles, the lines, the installation. The power company doesn't just run power to you because you ask. They subsidize themselves.

Then PG&E takes the money, leaves 100 year old equipment in place, which inevitably breaks, and burns down an entire forest along with their homes.

You genuinely think these people are being "subsidized" by all this? That it's their fault the PG&E top brass didn't earn a bonus that year?

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tehlike|1 year ago

Subsidizing in an insurance sense. It's a high risk area, insurance should have covered it. If it was too high risk, insurance shouldn't have covered it, or charge much more etc.

akira2501|1 year ago

Insurance premiums are different for different people and are decided by underwriters based on expected risk. What subsidy are they receiving on those premiums? They were previously paying a special property tax to cover the additional fire services required for the area. This is not a particularly high income area.

Meanwhile everyone in Sacramento can buy federally subsidized flood insurance. The federal government also built the levees surrounding the county. The entire downtown core had to be jacked up several feet due to persistent flooding. Should everyone in Sacramento move too? Should we end the insurance subsidy?