just got an e-mail from Solare Energy regarding the new SDGE rate:
“To put this in perspective, in 2011 tier 1 rates for SDG&E were $0.14 and they currently sit at $0.19. Now, we expect a raise in our electricity rates gradually over time, SDG&E and most California Utility Companies have higher growth rate than the national 1.8%-3.2%. We see on average 6%-7.5% here in SDG&E territory. With the flattening of tiers from 4 to 2, the tier 2 rate of $0.16 in 2011 has increased to $0.39. Tier 4 in 2011 was at $0.31 and tier 3 was at $0.29.”
I verified this and the numbers are legit.
At around 1000 kWh per month the new rate would have cost me $325
With EV-TOU the monthly would be $220.
With solar + EV-TOU, my monthly is a $120 credit.
The spread between the new tiered rate vs solar + EV-TOU is $445, at least during the summer months.
Is SDGE just egging consumers to jump to solar? The higher their rates, the faster people will jump to solar. They do realize that’s bad for business right?