Sempra Energy

SDG&E ANNOUNCES “ENERGY FOR OTHERS” MULTI-YEAR GIVING CAMPAIGN

Increased Contributions will Support San Diego Foundation’s COVID-19 Community Response Fund, Civic Engagement and Social Justice

East County News Service

June 18, 2020 (San Diego) -- San Diego Gas & Electric has announced “Energy for Others,” a new multi-year giving campaign to support communities in need, civic engagement and social justice.

In March, SDG&E shareholders seeded The San Diego Foundation’s COVID-19 Community Response Fund with its first $1 million contribution. With an additional $1 million contribution in 2020 and a $1 million commitment for 2021, SDG&E’s support of the fund now totals $3 million. The donations will help economic recovery, address food insecurity, assist with utility bills and more. SDG&E is also committing $500,000 to civic engagement and social justice causes, including an immediate $50,000 contribution to RISE San Diego, whose mission includes elevating and advancing urban leadership through dialogue-based civic engagement.  All contributions are funded by SDG&E shareholders.

“All of us at SDG&E care deeply about our communities and we’re honored to do our part in helping address the economic and social issues we face,” said Scott Drury, president of San Diego Gas & Electric.  “The senseless killing of George Floyd and other recent events serve as a sobering reminder that our country has more work to do before everyone is treated equally and with the same level of respect. RISE San Diego shares our values and commitment to respect, dignity and inclusiveness of all people, making them a strong partner to help advance progress.” 


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SEMPRA ENERGY LAUNCHES ANNUAL GRANT PROGRAM FOR VETERANS DAY

 

Source:  SDG&E

Photo:  Sempra Energy headquarters in downtown San Diego. Courtesy of Sempra Energy

November 12, 2018 (San Diego) - Sempra Energy is launching an annual charitable-contribution program for Veterans Day to benefit support organizations for veterans and their families, with the inaugural grant of $20,000 going to the Gary Sinise Foundation.


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SEMPRA ENERGY ANNOUNCES PROPOSED PUBLIC OFFERINGS OF COMMON STOCK AND MANDATORY CONVERTIBLE PREFERRED STOCK

 

Source:  Sempra Energy

July 10, 2018  (San Diego) – Sempra Energy (NYSE: SRE) today announced that it is commencing concurrent offerings (the equity offerings) of $1.1 billion of shares of its common stock in connection with the forward sale agreements described below (from Sempra’s press release) and $500 million of shares of its Mandatory Convertible Preferred Stock, Series B, each in a separate registered public offering, subject to market and other conditions.


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SEMPRA ENERGY EARNINGS RISE IN 2015

 

Annualized Dividend Raised 8 Percent to $3.02 Per Share; Company Sets 2016 Adjusted Earnings-Per-Share Guidance Range at $4.80 to $5.20

East County News Service

February 27, 2016 (San Diego) – Sempra Energy on Friday reported 2015 earnings of $1.35 billion, or $5.37 per diluted share, up from $1.16 billion, or $4.63 per diluted share, in 2014.


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OIL INDUSTRY WAS BIGGEST SPENDER ON CALIFORNIA LOBBYING IN 2015


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HUNDREDS PROTEST SDG&E'S ANTI-SOLAR PROPOSAL AT SEMPRA HEADQUARTERS

 

Speakers blast proposed solar fees, defend energy choice against monopoly

October 9, 2015 (San Diego) - San Diego rallied to “SDG&E, Don’t Block the Sun!” on Wednesday, as hundreds gathered to protest San Diego Gas and Electric’s (SDG&E) proposal to the California Public Utilities Commission (CPUC) that would cripple rooftop solar power and eliminate customer choice, according to opponents. A crowd of more than two hundred people, including ratepayers, business leaders, a Grammy-winning artist, and the Hip Hop Caucus’ nationwide bus tour, rallied outside Sempra Energy’s headquarters to defend customers’ ability to go solar.


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INVESTIGATIONS AGAINST SEMPRA ENERGY REOPEN

By Nadine Abbott

October 10, 2014 (San Diego) Mexican media is reporting that the Department of Homeland Security has reopened an investigation against Sempra Energy based in San Diego. The reporting from La Jornada states:

“A DHS source informed this diary that the investigation includes several federal officials including the Federal District Attorney, Federal Bureau of Investigation (FBI) agents, and DHS Personnel implicated in a series of crimes in complicity with Sempra.”

They also write that these activities implicate the Office of the Federal Attorney, Laura Duffey in San Diego.


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MORE LOW-INCOME SDG&E CUSTOMERS ELIGIBLE FOR BILL-ASSISTANCE PROGRAMS

 

Increased Income Guidelines Expand Eligibility

June 23, 2014 (San Diego)– More San Diego Gas & Electric (SDG&E) customers are now eligible to save every month on their bill and receive energy efficient home improvements due to new income guidelines that went into effect June 1, 2014.  Households of two with a yearly income of $31,460 or less can now enroll in the money-saving, state sponsored customer assistance programs California Alternate Rates for Energy (CARE) and the Energy Savings Assistance Program.


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SEMPRA PROFITS SOAR -- THANKS TO RATE HIKES

 

May 2, 2014 (San Diego's East County) - Ratepayers are feeling the pinch from higher utility bills due to rate hikes recently approved by the California Utilities Commission.


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COURT GRANTS PARTIAL VICTORY TO OPPONENTS OF SEMPRA'S CROSS-BORDER TRANSMISSION LINE PROJECT

 

By Miriam Raftery

April 5, 2014 (San Diego’s East County)  -- U.S. District Court Judge M. James Lorenz has issued a ruling in a case challenging the U.S. Department of Energy’s approval of a Presidential Permit issued for Sempra Energy's cross-border transmission line. The line would connect Sempra’s Energia Sierra Juarez Wind project in northern Baja, Mexico with SDG&E’s $435 million ECO substation now under construction.


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HAWK WATCH PROGRAM CANCELLED IN RAMONA FOR 2014

 

By Miriam Raftery

December 30, 2013 (Ramona)--After 20 years, Hawk Watch, a popular wildlife educational program in Ramona featuring  hawks, owls and eagles, has been cancelled for 2014 .  Visitors can still go birdwatching on their own at the Ramona Grasslands  Preserve, but there will be no organized presentations or up-close looks at captive birds of prey.

 Wildlife Research Institute, which ran the program, announced the cancellation on its website with no explanation.  But the decision likely stems from trouble raising funds for the nonprofit after news broke that its founder, David Bittner, was sentenced in federal court  in August after pleading guilty to unlawful taking  a Golden Eagle without a permit and failing to file any data reports for a four-year period on birds that he had banded.


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SOLAR ADVOCATES PROTEST UTILITY-BACKED AB 327

 

 

By Paul Kruze

September 5, 2013 (San Diego)-- A small but passionate group of local environmentalists and workers for Sullivan Solar Power, a local solar panel installation company,  gathered in front of Sempra Energy’s downtown corporate offices on August 28 to protest the energy conglomerate’s backing of California Assembly Bill 327. Opponents here and at protests elsewhere in California said the bill would irreparably gut incentives for energy conservation and rooftop solar development.

Introduced by Assemblyman Henry T. Perea (D-Fresno), the proposed bill was approved by the California Senate Energy Committee late last week, with major amendments. If passed by the Legislature and signed by the Governor, it would replace  what utilities and other supporters say are outdated restrictions on how electrical rates are decided and approved.


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SEMPRA ENERGY ANNOUNCES 2012 FINANCIAL RESULTS, HUGE GROWTH IN REVENUES FROM RENEWABLE ENERGY

March 2, 2013 – Sempra Energy, parent company of SDG&E, this week reported 2012 earnings of $859 million, or $3.48 per diluted share, compared with $1.3 billion, or $5.51 per diluted share, in 2011.

Earnings for Sempra Renewables division took a huge leap in 2012, increasing to $61 million from $7 million in 2011. Fourth-quarter earnings for Sempra Renewables were $14 million in 2012, compared with a loss of $2 million in 2011, due primarily to the addition of solar and wind assets in 2012.

Earnings for SDG&E increased to $484 million in 2012 from $431 million in 2011.

For details, see the company’s announcement.


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DEBRA L. REED NAMED CHAIRMAN OF SEMPRA ENERGY

December 4, 2012 (San Diego’s East County) – The board of directors of Sempra Energy (NYSE: SRE) announced last month that CEO Debra L. Reed has been elected chairman of the company.

Effective Dec. 1, Reed will succeed Donald E. Felsinger, 65, who retired at the end of November after a 40-year career with the company.  Reed was named Sempra Energy’s CEO in June of last year.


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SUNDAY STILL NO DAY OF REST FOR RESIDENTS NEAR POWERLINK CONSTRUCTION

Alpine residents lodge new complaints; Lakeside residents plan community meeting Wed. Nov. 2 over noise concerns

 

By Miriam Raftery

 

November 1, 2011 (San Diego’s East County) – Last week, the County revoked a variance granted to SDG&E for helicopter work along Sunrise Powerlink on Sundays in areas where residents had complained. So on Sunday, October 30, residents were looking forward to some much-anticipated peace and quiet –only to find the silence broken once again by the loud roar of helicopters.
 

At least some of the flights appear to be violating the County’s ban on Sunday flights, according to LeAnn Carmichael with the County Department of Planning and Land Use.


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DEBRA L. REED NAMED CHIEF EXECUTIVE OFFICER OF SEMPRA ENERGY

 

July 5, 2010 (San Diego) -– The board of directors of Sempra Energy (NYSE: SRE) announced that Debra L. Reed has been elected chief executive officer of the company and a new member of the company’s board.

Reed, 55, succeeds Donald E. Felsinger, who will continue in the role of Sempra Energy’s executive chairman until his planned retirement at age 65 in late 2012. Neal E. Schmale, president and chief operating officer of Sempra Energy, will remain in his current role until his planned retirement later this year.

 

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SEMPRA ENERGY FOUNDATION DONATES $1 MILLION TO HELP PEOPLE IN NEED DURING HOLIDAY SEASON

 

Dec. 16, 2010 (San Diego) – For the second consecutive year, Sempra Energy Foundation today announced $1 million in charitable donations to non-profit organizations in California and the U.S. Gulf region to help people in need. The contributions also include a grant-incentive program to support the Sempra Energy family of companies’ employee volunteer efforts.

 


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SHAREHOLDERS VOTE FOR RIGHTS TO LIMIT SEMPRA CEO'S PAY: CONSUMER LEADER SLAMS $21 MILLION COMPENSATION PLAN

SHAREHOLDERS TO PUT LIMITS ON SEMPRA EXECUTIVE PAY

“Felsinger’s salary is a graphic example of the grossly disproportionate salaries that CEOs continue to feast upon even in our current economic malaise. It is offensive in many ways, including the fact that it is partially paid by themoney we pay SDG&E montly.” – Michael Shames, Utility Consumers Action Network (UCAN)

By Miriam Raftery

 

July 8, 2010 (San Diego) Stockholders at Sempra Energy, parent company of San Diego Gas & Electric Company (SDG&E), have approved a “say on pay” clause giving them power to restrict executive compensation. The vote came in may, following disclosure that Sempra’s chief executive, Donald Felsinger, was the highest-paid executive in San Diego County last year with a $20.9 million annual salary and benefits package, plus a $35 million golden parachute retirement package he woudl receive if the company is ever sold.


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SEMPRA ISSUES VIDEO STATEMENT ON LOBBYING SCANDAL, LAUNCHES INTERNAL INVESTIGATION


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CPUC PULLS PLUG ON SDG&E PROACTIVE POWER SHUT OFF PLAN


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