Private (non) investment in monopoly infrastructure

A few news items over the last week conspired to inspire me to vent.

First of all, PG&E has been fined for it's San Bruno pipeline explosion, and they just had another one near Fresno (however, that one may, or may not be a maintenance fault). An interesting side--note is that PG&E was granted a rate hike last year by the California Public Utilities Commission to cover their costs in improving infrastructure safety.

The other was an article in the Wall Street Journal this last week stating that a number of nuclear power station operators in the US are looking to charge their customers, through rate hikes, for either continue.