Countywide
- Share via
The “typical” San Diego Gas & Electric residential bill will fall by about $1.60 per month after Nov. 1 because of the low cost of natural gas and fuel oil, company officials said Tuesday.
Residential rates will fall by about 2.5% from the current average of $62.07 per month, and large industrial and commercial rates could be trimmed by as much as 8%, according to Doug Hansen, SDG&E; rate manager.
The utility expects fuel oil and natural gas costs to fall by about $44.9 million during coming months, according to Hansen.
The proposed lower rates were spurred in part by a state Public Utilities Commission order that SDG&E; refund to customers $10.5 million spent on repairs at the San Onofre Nuclear Generating Station.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.