Is Your Business Tired of Paying Rising Electricity Bills to SDGE?
Learn how much your business can save by creating capital through sustainability.
San Diego Businesses Are Paying Rising Electricity Bills to SDGE
San Diego Gas and Electric (SDGE), along with other Investor Owned Utilities (IOU’s), have consistently increased electricity costs for commercial, industrial and agricultural businesses throughout California. Our internal case study on the rising electricity bills from SDGE offered to one of our customers, revealed their electricity costs had increased by 68% just from 2019 to 2023.
For a majority of utility customers in California, businesses included, the average commercial retail price of electricity has increased on average by about 3.5% per year from 2001 to 2020. However, after global events in 2020 such as the coronavirus pandemic, rates through 2023 have risen much higher than previous averages.
As we found in our electricity costs case study last year, San Diego Gas and Electric (SDGE) rates for commercial, industrial and agricultural customers are climbing the quickest out of California’s investor-owned utilities. Providing electricity and gas services to more than 3 million consumers, SDGE is a regulated public utility owned by Sempra, a Fortune 500 energy services holding company.
This graph represents SDGE’s electricity rate data for plan AL-TOU2 from June 2019 through January 2023, collected from one of our customers. Averaging almost 23% annual increases over that short period of time, this business saw their overall electricity rate had jumped by 68%.
Looking to mitigate these consistently rising costs, this business was highly motivated to seek out alternative solutions like solar and energy storage to eliminate the cost uncertainty that cast a shadow over their bottom line. This business quickly contacted Revel Energy for a free obligation-free quote from our expert team.
This commercial property was prompted to consider solar by their fast-rising bills, but after a competitor in the area proactively installed solar to mitigate the significant cost increases they were paying. This quickly became a priority for the business and the sustainability upgrade came to fruition.
Commercial & Industrial Solar Solutions for San Diego Businesses
Revel Energy has designed and installed commercial & industrial solar panel systems throughout California and San Diego County, working with those businesses to determine exactly what would best fit the needs of each facility. In a recent study, Northeastern University found that solar panels mounted on commercial and industrial rooftops could meet an average of 35% of all manufacturers’ electricity demand.
While electricity rise across the county, San Diego County businesses are paying ever-increasing electricity rates to SDGE that continue to rise, this has pushed many to find true sustainability through sustainable upgrades to their facilities like commercial solar and energy storage systems.
Our team at Revel Energy is dedicated to delivering dynamic energy solutions that help businesses in California create capital through sustainability. We work with businesses to help them find the best financing option taking in the many variables with commercial solar such as available tax credits, local environmental credits and potential infrastructure upgrades.
Revel Energy is experienced interconnecting systems in various cities throughout San Diego with many projects in Vista and San Marcos, our expert team can help find the optimal solution for your business.
Commercial & Industrial Solar Project Case Studies in San Diego
Contact our expert team today to learn how much your business can save with rooftop or carport commercial solar
Commercial grade rooftop solar is ideal for: manufacturing, warehousing, logistics, industrial, retail, hospitality buildings and more with over 10,000 sq. ft. rooftops.
CARPORT SOLAR
Free standing carport solar generates added solar power for properties with limited rooftop space. Added benefits include shading and protection for employees vehicles.
Crucial for reducing peak demand charges. Automated to supply electricity when your panels won’t. Energy storage is ideal for businesses that incur significant peak charges.
As the popularity of electric vehicles increase, so does the demand for on-site charging. This sustainable amenity has become a parking lot fixture for competitive employers.
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TURNKEY COMMERCIAL GRADE SOLAR, ENERGY STORAGE, LED LIGHTING AND MORE.
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Client Testimonial: Kelemen Company
Corporate Business Park in Irvine, CA has created significant electricity cost savings through commercial solar installed across the 5-building business park.
Client Testimonial: Tice Gardner & Fujimoto LLP
See how this CPA firm saved on electricity and gained valuable tax credits through commercial solar that they used to keep cash in the businesses.