This is old information from UCAN, but it covers 2008-2013:
“December 8th was not a good day for San Diego. On that day, San Diego Gas & Electric asked state regulators yesterday for permission to raise base rates for electricity and natural gas customers by some $250 million annually for the years 2008 through 2013. You don’t need a calculator to realize that adds up to a chilly $1.5 BILLION over those six years. For the average residential customer, that translates to a 2.4% increase in electricity and a 7.2% increase in gas costs. AND THAT’s JUST FOR THE WIRES AND PIPES…..it doesn’t include the actual cost of electricity or natural gas.”
“SDG&E’s filing claims the proposed increases are attributed to rising operating costs tied to increased government regulation, higher prices for construction materials such as steel and copper, and higher health insurance costs for employees. Of course, it also means substantially higher profits for the company.”
I see they mentioned higher costs for government regs and for employee health care. If they were already using that excuse a few years ago, I would expect them to continue to gouge customers if they can get away with it. Based on our prior usage and projected increases in costs, it worked out for us. Anyone interested should get multiple bids. There are also solar leases available where you do not own the system.
