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Health & Fitness

SDG&E Electric Rates to Increase: Over 13%

Starting in September utility bills are set to rise for San Diego residents with a four-year rate increase totalling more than $500 million for customers of SDG&E. Due to this, a typical household will see monthly gas and electric bills rise over 13%. This means that a bill of $150/month will increase in excess of $170/month.

The hike will be collected retroactively, so many bills will rise by more than this percentage to catch up. Subsequent annual increases of nearly 3% will be tied to the urban Consumer Price Index along with additional costs passed along to residential customers, including $161 million for SONGS (San Onofre Nuclear Generating Station).

With utility bills on the rise, there’s never been a better time to stop giving your money to SDG&E. One of the strongest alternatives for home-owners is solar power- actually costing less than utility power while being as accessible as ever with an abundance of financing options available.

  • Home equity loans
  • Re-financing your home
  • The new Stellar Solar Loan program
  • San Diego Metropolitan Credit Union…Stellar is part of their solar loan program
    with great rates
  • Navy Federal Credit Union’s Shares Secured Loan offers rates under 3%.
  • SunPower Solar Lease…go solar with no money out of pocket
  • Cash purchase…solar has never been more affordable




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