Opinion: SDG&E audit should lead to lower costs for consumers. But will it? [Opinion]
” : Auditing San Diego Gas & Electric, a natural monopoly, is a critical responsibility of the government. SDG&E’s price regulation by the California Public Utilities Commission implies that it should serve the public interest. When SDG&E tried to pass $379 million of its mistakes onto consumers after the 2007 fires, it was not serving the public. When one in four San Diegans cannot pay their utility bills and SDG&E still advocates for higher prices, it is failing the public.
A monopoly for a business with such high fixed costs is a critical cost-saving measure, but it feels as though SDG&E manages to skirt government regulation by continually lobbying for higher prices while hiding behind claims of its prioritization of renewable energy. This audit is essential to restore the balance of power between public interest and private business.
Hopefully, this audit fosters legislation that reduces energy costs for San Diegans, who continue to face the rapidly increasing cost of living.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk tweets that Tesla could lower car prices if inflation slowsU.S. consumer prices jumped 9.1% to a nearly 41-year high in June, as gasoline and food costs remained elevated.
Read more »
Opinion | The IRS needs to explain the 'random' audit of these Trump enemiesWhy Trump's appointee to the IRS needs to be walked out of his office — right now.
Read more »
How the Stylist of 'The Bachelorette' Prepared for Gabby and Rachel's Two-Lead SeasonCary Fetman has dressed people as they fall in love on primetime television for many years, but this journey was a little different.
Read more »
Inflation is at 40-year high, and one expert says cost of living is even worse than numbers sayThe Consumer Price Index reports the price of gas skyrocketed nearly 60 percent over the last year – and it's of course far from the only commodity affected.
Read more »
Netflix’s Live Action ‘Yu Yu Hakusho’ Has Found It’s Lead ActorNetflix has found their Yusuke Urameshi for their live-action Yu Yu Hakusho series. Tokyo Revengers’ actor Takumi Kitamura will star. The project was announced by the streamer last year but …
Read more »
Microsoft's OG Surface Go can be yours at an incredible price with a bunch of accessories includedMicrosoft's Windows-powered Surface Go oldie is more attractive than it's been in a long time, costing a measly $200 and up with a keyboard, pen, and case bundled in.
Read more »