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On Sat, 11 Jan 2025 11:32:54 -0800, Dimensional TravelerIt was in part. The electrical utilities have spend a lot of money (rate hikes) over the last several years updating and upgrading their electrical equipment. The largest has been moving their lines underground, which is not quick or cheap.
<dtravel@sonic.net> wrote:
On 1/11/2025 8:54 AM, Paul S Person wrote:<<snippo more stuff>>On Fri, 10 Jan 2025 14:48:19 -0800, Bobbie Sellers
<bliss-sf4ever@dslextreme.com> wrote:
It's either that or raise rate ... nationwide. Gotta get the money to>So Southern California should be abandoned by all but the>
entertainment industry and the retirees should move to Florida.:^(
Florida is out -- retirees are fleeing because of the high condo fees,
or some such nonsense.
>
Well, according to /some/ online sources, anyway.
High insurance costs for all the beachfront buildings that are starting
to subside because of rising sea levels and the resulting knock-on
effects from that like insurance companies refusing to add new policies
or renew existing ones because doing so would endanger their profits.
cover the claims from /somewhere/, and adding it to the National Debt
is not available. So far.
As other posts discussed, California is in a similar situation due to
wildfires. Which ultimately may mean "poorly-managed infrastructure,
specifically electricity distribution". Or not, as the case may be.
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