Go solar now and offset this and future increases.
San Diego Gas and Electric has released a statement that outlines how in early 2017, electric rates will again increase, with residential customers taking the biggest hit. The statement outlines how the extra costs are associated with maintaining the grid, servicing existing equipment, and upgrading technology. Residential rates are set to increase 10.9%, or 2.5 (C/kWh) more than current rates. This increase is close to double of what was predicted, so the numbers are shocking to say the least.
Go solar with Stellar Solar in October and take advantage of our low 2.99% financing. You'll avoid the rate hike, and will rest easy knowing you're going solar with a SunPower Master Dealer.
Customer Group | Current Average Rate (C/kWh) | Estimated Average Rate Reflecting Revenue Change | Change from Current Rate(C/kWh) | Percent Change from Current Rate |
---|---|---|---|---|
Residential | 22.6 | 25.1 | 2.5 | 10.9% |
Small Commercial | 22.5 | 23.3 | .8 | 3.6% |
Medium Large Commercial and Industrial | 18.7 | 19.9 | 1.1 | 5.9% |
Agricultural | 16.5 | 17.9 | 1.4 | 8.5% |
Lighting | 18.8 | 20.0 | 1.3 | 6.7% |
System Total | 20.5 | 22.1 | 1.6 | 7.7% |
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