San Diego's electric bills have increased by 50% over the last five years, according to an analysis by Axios. The average San Diego Gas & Electric bill was $147.07 a month in March, up from $97.04 a month for 2021. Critics argue that this increases amounts to a money grab by the utility, while SDG&E officials argue that the hikes are necessary expenditures. The company previously spent $323 million on technology and equipment to prevent wildfires, which contributed to higher rates. A bill from San Diego Assemblymember Tasha Boerner would cap the profit at 8.7%.