Clerico: Regulators, not utilities, block wildfire infrastructure investments
Bill Clerico · No Priors Ep. 98 | With Convective Capital Founder Bill Clerico · Jan 23, 2025 · at 22:20
Bill Clerico, founder of Convective Capital, challenges the narrative that electric utilities are unwilling to invest capital in grid modernization and fire mitigation.
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“And so there's sort of this, I think, ill-informed narrative that the utilities don't want to spend the money. They actually love to spend the money and they would die to spend that money. The issue is the regulators and the ratepayer advocates that basically say, we don't want the electric bills to go up by too much. And so there's a constant pushback against those investments.”
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