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San Diego ponders a bid to take over its for-profit energy utility

San Diego ponders a bid to take over its for-profit energy utility

https://grist.org/energy/san-diego-ponders-a-bid-to-take-over-its-for-profit-energy-utility/

Frustration with high rates and poor service is sparking campaigns to take over investor-owned utilities and make them nonprofit entities.

San Diego ponders a bid to take over its for-profit energy utility

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The utility has contributed well over $700,000 to the committee

Hmm, wonder where that money came from

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So, first start passing laws that restrict the profitability of the utility. Then, the market price of the utility decreases and you can do a public buyout more easily.

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Unfortunately cpuc has done nothing but allow rate increases, last I checked sdge has the most expensive rates in the continental us. Considering that with how shit the service has been I’d bet they are using that cash to pay regulators. I don’t expect this to go far but I hope it does because fuck sdge and cpuc

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Price caps? Are you insane, man?! That would give America the socialisms!

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I saved 100% in my utility bill from SDG&E.... moved to Washington State. Everyone is democratic here. And if you miss the occasional shooting, don't worry, over by Aurora you get a daily shooting. You can almost just go to Aurora and expect to witness a shooting.

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