California city hit with shocking utility rate hike proposal: ‘A slap in the face to us’

Source: New York Post

San Diego Gas & Electric customers are furious over a proposed rate hike that would tack nearly $270 a year onto the average household’s energy bills — as the utility seeks to rake in billions more over the next four years. The utility is asking California regulators for permission to collect an additional $280 million in 2028 compared with its expected 2027 revenue, bringing its requested take to $3. 8 billion that year.