Electricity rates are going up 8-percent in San Diego on January 1st.
The San Diego Union-Tribune says San Diego Gas & Electric officials estimate the average household bill will go up about 15 dollars per month next year, the second straight year with an 8-percent increase.
Gas rates are also going up by 6-percent, an average of $6 a month.
San Diego already pays the higher rates that any other city in the country. According to Edward Lopez, Executive Director of Utility Consumers' Action Network (UCAN), “The price per kilowatt is the highest in the country.”
SDG&E is owned by Sempra, a publicly traded company. The Union-Tribune says Sempra, brought in $819,000,000 in earnings last year. The utility's consistent path of rate increases since 2013, will lead them to outplace inflation by almost 70% by 2030.
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