Concerned about the cost of living in San Diego?
SDG&E is a government protected power company and wants a big bump in the rates it charges customers. UCAN reports SDG&E has the highest rates already. We got smart-meters that were suppose lower our costs. SDG&E had plenty of money for all sorts of P.R. media blitzes the last few years (Much of it was feel good phony-baloney. I know because I asked SDG&E to address some of their claims.) They and their parent company got plenty of money to spread on sponsoring community events, so they must still have more revenue than the cost of providing power. They can also find the cash for sweet bonuses.
One of the SDG&E justifications:
“We want to give our executives more incentives
to do a good job.”
No, SDG&E, you can’t have $10 million for
stock incentives on top of the $50 million that
you shouldn’t get for annual employee bonuses.
This is really a bad time for SDG&E rate increases because those Occupy Wall Street mobs might find out.
The nearest public meeting on this rate increase will be held at:
OCEANSIDE – Oct. 13, 2011, 2 pm & 7pm
Civic Center Library Community Rooms
330 North Coast Hwy, Oceanside, CA 92054