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Sempra

Utility Annual Earnings & 4th Quarter Go North and South

Edison International’s earnings for 2020 fell, but its fourth quarter net income was higher than in 2019. For Sempra Energy, the reverse was true.

Edison International–Annual earnings for Southern California Edison’s parent company dropped to $700 million in 2020, or $1.98 per share. That compares to $1.3 billion in […]

February 25, 2021|

Sempra Earnings Soar, Ups Fight to Protect Turf in CA

Sempra Energy, the parent company of both San Diego Gas & Electric and SoCal Gas, saw sharply increased earnings of $2.305 billion in the second quarter, or $7.64 per share. That compares to $435 million last year, or $1.29 per share. Much of the increase was attributed to the multi-billion dollar sale […]

August 5, 2020|

Edison’s Earnings Drop, PG&E’s Losses Less Grim

Two of California’s three investor-owned utilities reported second quarter earnings this week. Edison International’s earnings were not as rosy as the same quarter last year, Pacific Gas & Electric Corp’s were not as bad. Sempra reports earnings next week.

Edison International, the parent company of Southern California […]

July 30, 2020|

Shorts

California’s top attorney spearheaded a lawsuit against the U.S. Department of Energy for rule changes that impede the adoption of new energy efficiency standards. “The Trump Administration is irresponsibly rewriting a rule that helps consumers save money and decreases pollution to our environment,” Attorney General Xavier Becerra said April 14. He added […]

April 13, 2020|

Shorts

The California Public Utilities Commission and Independent System Operator are holding meetings this week. CAISO’s is holding the public portion of its board meeting remotely March 25, from 2:00 PM-5:00 PM. The agenda includes decisions on reliability must run contracts and its 2019-20 transmission plan. The CPUC business meeting is being held […]

March 24, 2020|
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