Unless I'm missing something this completely ignores the decades of mismanagement and paying huge bonuses/salaries instead of reinvesting in infrastructure. PG&E put themselves in this position should be held accountable.
I'll admit it's certainly plausible I'm being too pessimistic, I don't know what about people's experience makes them think a public entity is going to invest the proper amount of money in a utility in the last let's say 30 years. And when they ask what you diverted billions of dollars to, you have to get up and say "vegitation management"
My problem is that none of the risks have properly been priced, and no amount of pillory about huge bonuses is going to solve the problem, because that money was never going to be enough.
Electricity rates are supposed to compensate the risk of doing business. Claw back all the profit you want, the rates have likely been too low, and likely egregiously low to compensate for the risk that if there's a particularly bad wildfire, you get sued into the shadow realm.
PG&E is a company with owners and while you may not like it you can't just take other peoples' property.
There are appropriate venues to vent your frustration. There is judicial system where you can go and defend your own rights if you feel PG&E stepped on it. You can go and vote for somebody to step up and solve the problem. You can also make other people aware of the problem by using your right to free speech.
The educational system has failed you if you never learned about this. Anticipating your next objection: no, public education is also not Communism.
Communism, by numerous well-attested examples, means exterminating millions of citizens for no offense but existing. I don't find anyone proposing that. Here.