SDG&E and SoCalGas Face Lower Authorized Returns Under CPUC Proposed Decision

Reuters
2025/11/18
SDG&E and SoCalGas Face Lower Authorized Returns Under CPUC Proposed Decision

San Diego Gas & Electric Company (SDG&E) and Southern California Gas Company (SoCalGas), subsidiaries of Sempra, are evaluating proposed decisions issued by the California Public Utilities Commission regarding wildfire mitigation cost recovery and cost of capital for 2026-2028. The proposed decisions would authorize SDG&E to collect a total Track 2 revenue requirement of $721 million for 2019 through 2027 and set the weighted return on rate base at 7.39% for SDG&E and 7.49% for SoCalGas. Comments on the proposed decisions are due by December 4, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sempra published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001032208-25-000068), on November 17, 2025, and is solely responsible for the information contained therein.

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