March 19, 2024
by Source
From Power San Diego
Creating a non-profit utility in the City of San Diego deserves serious cost-benefit analysis, said Bill Powers, chairman of the Power San Diego campaign, which is gathering signatures to put creation of a public electric utility on the ballot this November.
“Instead of serious analysis, SDGE has grossly inflated costs and completely ignored the benefits,” said Powers, a licensed electric systems engineer. “The utility seeks the veneer of independent review. But what their paid consultant says in footnotes and attributions is that the key data in their recent report came directly from SDGE, not from the consultant’s own assessments”
SDGE has already invested more than $560,000 in a political action committee to oppose the campaign for a non-profit utility.
Read the full article →
March 19, 2024
by Source
By Erik Anderson / KPBS / March 18, 2024
San Diego Gas & Electric is going up in March, just a month after the utility reported record profits for 2023. The rate hike eliminates some savings from an unexpected 11% cut in delivery charges in January. The delivery charges jump 8.7% in the March billing cycle and the average customer bill will increase about $8 a month.
“Customers are still benefiting in March 2024, about a 6% savings than what they were spending in March of 2023,” SDG&E’s Anthony Wagner said. The move comes after the investor-owned utility posted record profits during the last calendar year. Company profits in 2023 hit a new record of $936 million, $21
Read the full article →