SDG&E SEEKS 7 PERCENT RATE HIKE

San Diego Gas & Electric Co. has asked regulators for its largest increase in revenue in at least 30 years as part of an initial filing to raise rates for electricity and gas. In a draft application submitted in early August, the utility said it needs $310 million additional dollars, a 7 percent increase from 2010 revenue, to cover costs through 2015. Here is the full story.