SDG&E rates

NEW SDG&E RATES WILL MAKE SOLAR COST MORE--UNLESS YOU HAVE A BATTERY BACKUP

 

 

Hear our interview with Daniel Sullivan, founder of Sullivan Solar, by clicking the audio link

By Miriam Raftery

Photo:  Battery storage unit on garage wall

December 18, 2017 (San Diego’s East County) – Many solar customers are unaware of new time-of-use rates that took effect December 1st. In an interview with ECM on KNSJ Radio, Sullivan Solar founder and president Daniel Sullivan explains that if you bought solar between June 30, 2016 and Dec. 1, 2017, your rates will be going up sharply after a five-year grace period. Rates for use during evening hours are doubling; a typical family will pay 143% more than in the past. If you buy solar in the future, your rates will also be higher, starting immediately.

But there is a solution:  buy a back-up battery, which will not only lower your rates, but also provide backup power to keep your electricity on during future power outages. Back-up batteries, with subsidies, can be financed out for only about $20 a month – and you’ll likely save $100 a month on your electricity bill, says Sullivan. Rebates end in June 2018, so there's a strong incentive to get a battery soon before the rebates run out.

Audio: 

Interview with Daniel Sullivan, Sullivan Solar, on battery back-ups

RATEPAYER ADVOCATES GROUP FINDS SDG&E REQUEST WOULD GOUGE RATEPAYERS TO PROFIT SHAREHOLDERS

 

DRA Says SDG&E’s cost of capital request is out of line with today’s market and unfair to customers

August 7, 2012 (San Francisco) – The Division of Ratepayer Advocates (DRA), the independent consumer advocate within the California Public Utilities Commission (CPUC), on Monday presented evidence in the CPUC’s proceeding on Cost of Capital. DRA found that San Diego Gas & Electric Company’s (SDG&E) request for an 11.0% Return on Equity far exceeds both the company’s revenue needs and market standards.

 

DRA recommends that the appropriate Return on Equity (“ROE,” or the revenue that shareholders can expect to earn on their investment) should be 8.5%, which would result in a $50 million annual savings to SDG&E’s customers. [See Cost of Capital Comparison Chart]

SDG&E WANTS TO RAISE YOUR RATES: CPUC SETS 4 HEARINGS OCT.10-13 IN SAN DIEGO & EAST COUNTY

 

“SDG&E has asked ratepayers to overpay for service, including funding long-term stock options and incentive programs in excess of what is reasonable,” Joe Como, acting director, Division of Ratepayer Advocates at the California Public Utilities Commission

 

 

September 21, 2011 (San Diego’s East County) – Consumers opening their bills in a month that saw the worst power outage in California history got another unpleasant surprise: a notice that San Diego Gas & Electric Company seeks a rate increase of $1.5 billion over the next four years.

The California Utilities Commission has scheduled several meetings in San Diego County on the proposed rate hike between October 10 and 13, including two hearings Oct. 12 in East County (El Cajon). Public Participation Hearings will be held at 2.p.m. and 7 p.m. at each of the following locations: