A FAST LOOK AT THE FACTS...
4% SSJID will commit 4 percent of our revenues toward energy savings and assistance programs and will custom design these programs to fit the needs of each city we serve. PG&E only commits 2.85% of its revenue to these programs.
10% PG&E, the current for-profit electric utility for most of South San Joaquin County, recently filed with the California Public Utilities Commission for permission to increase your rates by 10% in 2011, on top of frequent rate increases over the past few years.
11.45% PG&E pays its shareholders an 11.45% dividend each year and charges more to generate that double-digit profit. SSJID is a non-profit and will set rates to benefit ratepayers, not shareholders.
$11.6M SSJID estimates that 15% off of your electric rates will pump $11.6 million back into the local economy in the first year of operation alone. In 10 years, that number will total $140 million.
15% SSJID will lower electric rates by 15% over existing PG&E rates for all classes of customers.
$63.8M SSJID will invest to upgrade the system for increased reliability.
100 years SSJID has 100 years of experience providing reliable utility service with local accountability, and is ready to extend that tradition to providing electricity.
$30,000 Number of dollars that SSJID will provide to local non-profit organizations in 2009 through its Community Education & Awareness Policy. 40,000 Electric customers in Manteca, Escalon and Ripon that will save with SSJID’s electric plan.
55,000 acres SSJID serves about 55,000 acres of prime agricultural land that provides many economic and environmental advantages to our area.
$400,000 By investing in a Solar Farm at its Water Treatment Plant, SSJID is saving this amount per year in power costs to operate the plant.
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