Electric rates are high. Is a government takeover of utilities the answer?

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The private utility Edison says a government takeover is the wrong answer to skyrocketing electric rates.

To the editor: Edison International's utility, Southern California Edison , understands that electric bills are a growing concern. We continue to work with California regulators to achieve fair, transparent rates. Your editorial on ways to address higher electric bills paints a misleading picture for customers. Since 2020, unprecedented wildfire conditions, extreme heat and volatile commodity prices have caused SCE's rates to outpace inflation.

We see this play out in the exorbitant costs of shelter, food and other necessities. Wouldn’t it make sense to limit the market to satisfying wants rather than needs? If a customer desires caviar over cabbage, so be it. But everyone should be able to afford vegetables.

 

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