New local and/or urban last mile electrical distribution infra is typically buried, but to your point, lots of legacy above ground infra at risk until someone finds the funds to bury/harden it.

https://www.fema.gov/case-study/overhead-underground-it-pays...

https://www.cnbc.com/2023/10/21/burying-power-lines-for-wild...

https://research.ufl.edu/should-power-lines-go-underground.h...

https://web.archive.org/web/20220101210439/https://www.eei.o...

(have an electrical journeyman friend who will spend the rest of his life upgrading California electrical infra, we speak frequently on this topic)