I think most of the electric providers in the US are for profit. There are exceptions like Los Angeles Water and Power. San Diego Gas & Electric, our local provider, is a subsidiary of Sempra Energy. They do constant upgrading - undergrounding all the lines, replacing wooden power poles with metal poles, and installing infrared cameras on all of their main transmission towers for early wildfire detection, etc. We pay for all of those upgrades in the form of the highest electricity rate in the US. Is it worth it? I guess.