This should be fun.
1) people will vote to do stupid things with power
2) power reliability will get worse
3) people will blame management and burn them at the stake
4) New management installed
5) Goto (1
It will get to the point death row inmates will be put as management of California’s power system. No one else would touch the job with a 10 foot pole.
You forgot....ALL wage negotiations with energy labor unions will be resolved in favor of the employees!