The California Commies now have their own utility company to play with. The people of that state will have even more government in their face, but hey you get what you pay for and what you vote for too!
They just need to model PG&E like SMUD, which is actually well-admired across the USA.
PG&E is so heavily regulated it is already practically a state agency. Still it would be a nice shiny bauble for the state to actually own. Never mind that the state PUC already bankrupted the utility once with the disastrous energy pricing scheme of the early 2000s that got Governor Davis recalled and Schwarzenegger elected. Being a liberal means never having to say youre sorry for the carnage you wreak