Newsom Issues Executive Order on Rising Electric Bills — But How Much Will it Help?

/in , /by /The San Diego Union-Tribuneby Rob Nikolewski

Gov. Gavin Newsom issued an executive order Wednesday aimed at finding ways to reduce rising electricity bills that beleaguered customers pay each month — although the order did not offer specific dollar figures and timetables.

One of the major drivers of higher bills comes from spending by the state’s investor-owned utilities such as San Diego Gas & Electric on programs to reduce the risk of wildfires. SDG&E, for example, has spent about $5 billion in ratepayer money since the deadly Witch Creek, Guejito and Rice wildfires in 2007 that destroyed more than 1,300 homes, killed two people and injured 40 firefighters.

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