This is the free market working exactly perfectly. Right? If power company customers wanted to not have their power go out and stay out for days at a time, they would have taken their business elsewhere to another power company that charged higher rates and used those higher fees to pay for more robust systems. Right?
And all these power company customers chose to live in houses supplied by overhead wires. This was priced into the value of their homes, and if they wanted to avoid the possibility of downed wires, they would have paid more money to live in houses supplied by underground wires. Right?