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SoCalGas is investing
approximately
$350 million over
the next decade
to enhance the
integrity of its natural
gas transmission
pipeline system.
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Southern California Gas Company
In 2003, SoCalGas added 72,000 new customers, bringing its total metered customer base to 5.4 million. As always, customer service was a key focus, and survey results indicate that customer-satisfaction results were well above their target goals.
In late 2003, SoCalGas reached an all-party settlement agreement on its Cost-of-Service rate case.
Additionally, the CPUC approved $48 million, pretax, in incentives for SoCalGas' gas purchasing for the two award years ended March 31, 2002. Customers and shareholders benefit in the rewards achieved through this Gas Cost Incentive Mechanism program.
As part of its ongoing commitment to provide safe and reliable service, SoCalGas has invested more than $1 billion since the 1994 Northridge earthquake in an aggressive distribution-pipeline-replacement program and enhancements to its continuous monitoring system. SoCalGas also will invest approximately $350 million over the next 10 years to enhance the integrity of its natural gas transmission pipeline system.
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