Referencing the new rate filing (a March 2018 bill insert) https://www.sdge.com/sites/default/f...esForecast.pdf one can see how fubar'd the current rate situation in the SDGE territory.
The filing says:
In 2019, SDGE overall electric sales are expected to decline by 5.4% when compared to currently adopted electric sales. Due to the decline in electric sales, SDGE is requesting to increase rates to recover the designated revenue requirement.
Here's the new rate proposal
So, the bottom line is there revenues are declining by 5.4% -- likely because of individuals and companies fleeing to solar because of the crazy rates -- so the answer is to raise the crazy rates even higher.
This combined with my previous post today -- get out of this state if you can! I unfortunately can't as my wife is not on-board with any move.
Another rainy day in paradise ...
The filing says:
In 2019, SDGE overall electric sales are expected to decline by 5.4% when compared to currently adopted electric sales. Due to the decline in electric sales, SDGE is requesting to increase rates to recover the designated revenue requirement.
Here's the new rate proposal
So, the bottom line is there revenues are declining by 5.4% -- likely because of individuals and companies fleeing to solar because of the crazy rates -- so the answer is to raise the crazy rates even higher.
This combined with my previous post today -- get out of this state if you can! I unfortunately can't as my wife is not on-board with any move.
Another rainy day in paradise ...
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