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SEMPRA ENERGY UTILITIES

Consistent with its mission to provide safe and reliable gas and electric service, while planning for the future energy needs of its customers, SDG&E returned to a full-service provider role in electricity, and both utilities continued to maintain and deliver an uninterrupted supply of gas.

In line with company practices, the utilities work to safeguard their stability and financial health by applying rigorous risk-management principles when evaluating future investments and projected returns.

SDG&E and SoCalGas continue to be leaders in the utility industry, preserving performance-based ratemaking (PBR), which allows them to manage risk and align the interests of customers and shareholders so both can share the benefits of exceptional performance.

Finally, delivering operational and service excellence to customers is a top priority at both utilities, as demonstrated by the exceptional response provided during the 2003 wildfires.

Sempra Energy Utilities | San Diego Gas & Electric | Southern California Gas Company