Since power plants often use natural gas to produce electricity, SDG&E’s electric rates are largely determined based on a forecast of natural gas prices. During the first half of 2010 natural gas prices were lower than the forecasted price. As a result, SDG&E® has received approval from the California Public Utilities Commission to refund the difference by providing customers with a bill credit.
When will the credit be issued?
The credit will appear as a separate line item on electric bills beginning September 1, 2010 and will be provided to all customers that purchased electricity from SDG&E during the 12-month period beginning August 2009 and ending July 2010.
How much will the credit be?
Since the credit will be based on the amount of electricity, in kilowatt-hours (kWh), you purchased from SDG&E during the specified time period, the amount of each customer’s credit will vary. The table below provides some estimates of credit amounts at different usage levels.
Total Electricity Usage
Outside City of SD
Inside City of SD
If you have questions, please contact SDG&E’s Business Contact Center at 1-800-336-7343.