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I'm not sure where you're getting your information, friend. PG&E and Southern Cal Edison are "private companies" in regards to ownership. Meaning, they are public utilities that are privately held. And although there are city owned utilities, such as the City of Morro Bay for example, they do not offer utilities any cheaper than private utilities.
We can look at the most remote regions, say at 8,000 ft in the Sierra Nevada mountains. We had a cabin up there and we paid So Cal Edison way less than it costs to run cables from the power plant. They use every trick in the book to keep costs down, and they'll be amortizing their investment well into the next millenium.
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