Is prop 16 good for Sacramento? It depends on who you ask. The proposition, primarily underwritten by Pacific Gas and Electric Company (PG&E), would take a two-thirds vote of the electorate before a public agency could enter the retail power business.

The advertising that PG&E is pushing says that residents should have the right to approve electric companies run by cities, because taxpayers have a right to say how their money is being spent. On the other side of the issues is the fact that locally run electric company charge about 25 percent to 30 percent less than PG&E. Voter righter vs Lower Costs? Which is better?

PG&E is spending a huge amount of money to convince you, the voter. By mid-March, according to state records, PG&E had spent $25 million of shareholder money, and it’s now closer to $30 million. “PG&E is investing in this initiative because they think it’s important that voters have a say and that there be transparency when local governments decide to go into the retail electricity business,” Robin Swanson from the “Yes on 16″ campaign said.

The prop 16 opposition say PG&E is really trying to stifle competition and protect its profits under the umbrella of voter rights.