San Diego's Cost of Living Crisis

Source: KPBS  |  By Andrew Bracken & Lara McCaffrey

And not surprisingly , over the past few years , we've seen an increase in the number of people falling behind on their bills. At the same time, SDG&E reported record profits in 2023 , leading many to wonder why prices are so high.

Here's consumer advocate Mark Toney of the Utility Reform Network. A lot of people are questioning why is it that SDG and E needs more money , that shareholders seem to be doing just fine. It's the customers that are hurting. It's the customers that are feeling the pain , but it's the shareholders who are reaping the gain.