I live in Wilmington NC ( once upon a time lived in LA and Sacramento). So we are in hurricane country. 2 years ago I wanted to put in a Generac and got push back from the wife. “It’s a needless cost, we are never without power for more than a couple of hours” etc. Did it anyway. Put in a 20kw powered by natural gas. After Florence we were without power for 10 DAYS. Generator came on, and with a couple quarts of oil ran without a hiccup. My wife thought I was a genius. She wanted to do commercials for Generac after that. She suggested I buy the stock.
Good story. Buying stock in a company that you have experience with is a good idea.
The odd thing about what is going on here in California is that the power outage is not accompanied with any natural disaster. No hurricane, no flood, no earthquake, no fire. So the disaster IS the power outage.
My cynical view is that PG&E is doing this so that the Calif. Public Utilities Commision will force them to leave the power on. Then if something happens it is the PUC’s fault and liability.