> Dueling reports estimate costs of nonprofit power company in San Diego
Dueling reports estimate costs of nonprofit power company in San Diego
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The battle is heating up over an effort to replace SDG&E in the city of San Diego with a nonprofit power company.
Dueling reports seek to estimate the costs of transitioning to a municipal power company. The estimates range from $3.5 billion to $13 billion.
Business was brisk in front of the Costco store in Bay Ho on Tuesday, as volunteers encouraged people to sign the petition to “fire SDG&E.”
“Electric rates are just ridiculous. They just keep going up, and I don't know who's getting all the money, but it's a big rip off,” said one man who signed the petition.
The petition would force a ballot initiative in November to establish a nonprofit power company run by the City of San Diego.
MORE: https://www.cbs8.com/article/news/local/dueling-reports-estimate-costs-nonprofit-power-company-san-diego/509-0030ece9-632f-4ac9-9e4f-10d7ed71d4b2