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Michael Peevey has a lot to say about this, as he might. Years ago he served as president of Southern California Edison and is now in his second term as president of the California Public Utilities Commission. He’s heard the arguments from both sides. In his San Francisco office, the walls are decorated with pictures of Peevey with Cesar Chavez and former California Governor Pat Brown. He expresses a modicum of sympathy for the companies he regulates. The quick growth of solar has surprised many, he says; the subsidy arguments aren’t necessarily unreasonable. In some states, regulation inhibits utilities from venturing into green energy.
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