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San Diego Community Power board approves 2025 rates, retroactive to Feb. 1

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Summary

San Diego Community Power’s board of directors approved new 2025 electricity generation rates on Feb. 7 that set the agency’s default Power On service 3% below San Diego Gas & Electric’s generation rates and Power Base service 5% below SDG&E, with the changes retroactive to Feb. 1, 2025.

San Diego Community Power’s board of directors approved new 2025 electricity generation rates on Feb. 7 that set the agency’s default Power On service 3% below San Diego Gas & Electric’s generation rates and Power Base service 5% below SDG&E, with the changes retroactive to Feb. 1, 2025.

Board Chair Paloma Aguirre opened the special meeting and then turned the item over to staff. Jack Clark, chief operating officer, summarized staff’s affordability focus, saying, “affordability is a top priority for everyone.” Staff presented a three-scenario analysis and recommended a “balanced” approach that the board adopted.

The balanced scenario was described by staff as intended to offer the largest feasible discount now while preserving financial stability. Lucas Yuto, senior director of data analytics and customer…

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