Second PA Report finds that SSJID’s Plan is Incomplete
For the second time, the South San Joaquin Irrigation District (SSJID) submitted a plan to stage a takeover of PG&E’s local electric utility service, and for the second time an independent consulting report that was released today confirmed that SSJID’s numbers simply don’t add up.   The initial independent report conducted by PA Consulting declared SSJID’s plan “financially infeasible,” while today’s report puts the lie to SSJID’s fundamental claim that they can save customers 15 percent on electric rates.  In fact, the report finds that SSJID’s new plans would incur millions upon millions more in public debt.     

Read the Second Independent Report for Yourself
The independent report found that the revised SSJID business plan is at least $200 million short of reaching its advertised rate-cut and confirms that SSJID’s plans continue to be riddled with incomplete and inaccurate information.  The consultants found that SSJID’s proposal to borrow $1.6 million per year from Tri-Dam revenues underestimates by $13.4 million per year the amount of subsidy that would be required from current SSJID operations.

Read Assemblymember Tom Berryhill’s letter forewarning high costs and job losses
Assemblymember Tom Berryhill says he is concerned about job and the risk to our economy.

Read the LAFCo independent report detailing high costs, high risks of SSJID takeover
The takeover plan would increase rates for residents and put hundreds of millions of public dollars at risk.