🚧The City of San Diego has its hands full keeping up with basic infrastructure needs like fixing potholes and clearing storm drains 🌩️. This will only get worse if the City purchases a multi-billion-dollar electric grid and we’ll only end up paying more.

The billions in takeover costs for a government-run utility would be 100% debt and 100% funded through our electric bills. This means higher costs for all of us. 💰📈

🚨 No plan, no budget, no governance. Proponents of a government takeover of the electric grid have not presented any plan for how the City will operate the utility. Their proposed ballot initiative doesn't require a business plan until a year after formation! ❌📈

🚨 The proposal to take over the electric grid would saddle us with $9.3 billion or more in debt. 💸 That means higher costs for all of us.

How can you stop the costly $9.3 Billion scheme to seize San Diego’s energy grid? ✔️Join the Responsible Energy San Diego coalition ❌Do not sign the Power San Diego petition 📣Lend your voice to stop this reckless initiative responsibleenergysd.com

San Diego is currently facing a $167 million deficit. 😟 A government takeover of the electric grid would add $400 million in annual interest payments alone. 💰 This means higher costs for all of us.💵 📈

The $9.3 billion or more in new government debt to takeover the electric grid would be 100% debt and 100% funded through our electric bills. ⚡️ 👨‍👩‍👧‍👦Burdening working families with more costs for a proposal with no plan? That makes no sense!

The initiative to force a government takeover of our electric grid fell far short of its 80,000-signature goal. San Diegans know paying $9.3B in new debt for a reckless takeover of the electric grid isn’t a good idea. bit.ly/4bGaSeA | responsibleenergysd.com

Proponents of taking over San Diego's electric grid lack a clear operational plan. And the twist? The grid would be managed by 5 board members picked from a hat – experience not necessary! 🚫 responsibleenergysd.com

🚨Government takeovers of electric grids have a track record of being costly and ineffective. Learn more about the history of failed government takeovers: responsibleenergysd.com/case-studies

Responsible Energy San Diego stands with coalition members across San Diego – all of whom are united in opposition to a government takeover of the electric grid. Join us today. 📣 responsibleenergysd.com

The The San Diego Union-Tribune story makes it clear – San Diego doesn’t support a government takeover of the electric grid. The City is already struggling with affordable housing, homelessness, and local streets and roads let’s focus on our priorities. bit.ly/4bGaSeA| responsibleenergysd.com

San Diegans and utility union members deserve more than a half-baked ballot initiative that forces a government takeover of the electric grid with no plan, no budget, and no accountability. Read more from the The San Diego Union-Tribune here: bit.ly/4bGaSeA | responsibleenergysd.com

This reckless initiative to take over our electric grid has no undo button🚫🔙. If it was to pass, there is no turning back regardless of what the final price tag will be 💵💵💵.

WOW🤯🤯 A government takeover of San Diego’s electric grid would cost San Diegans $9.3 billion or more in debt. There isn’t even a plan on how the City would run the government owned electric utility!