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California: Utility wins rate increase as costs of climate policies rise

2013-05-11 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Greenwire: A San Diego utility yesterday won the right to hike power bills an average 12.2 percent, funding that in part will go toward costs connected with California's climate and energy policies. The California Public Utilities Commission authorized San Diego Gas & Electric Co. (SDG&E) to collect $1.73 billion for three years. The average customer will pay an additional $9.95 per month. Sister company Southern California Gas Co. (SoCalGas) will take in $1.95 billion, which will trigger a rate increase...

Tags: rate increase costs policies

Category:Electronics and Electrical

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