---
schema_version: "secwatch.filing_event.v1"
accession: "0001032208-24-000048"
form_type: "8-K"
ticker: "SRE"
cik: "0001032208"
company_name: "SEMPRA"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:29:34.086509+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CPUC approves Sempra utilities' GRC rate increases; FERC triggers $120M charge

## Summary
- SDG&E 2024 revenue requirement $2,699M (+7.5% YoY); SoCalGas $3,806M (+9.3% YoY); attrition adjustments through 2027.
- FERC ruled SDG&E ineligible for CA ISO adder; ~$120M ($89M after-tax) charge in Q4 2024; appeal planned in Q1 2025.
- CPUC closed Aliso Canyon SB 380 OII, authorizing continued operation at max 68.6 bcf working gas storage.
- Retroactive GRC revenue impacts to be recorded in Q4 2024 for amounts earned but not booked in first nine months.
- Additional cost recovery mechanisms approved for wildfire mitigation, pipeline safety, and compressor station projects.

## SEC filing metadata
- accession: 0001032208-24-000048
- form_type: 8-K
- ticker: SRE
- cik: 0001032208
- company_name: SEMPRA
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1032208/000103220824000048/0001032208-24-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/86521/000103220824000048/sempra-20241219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001032208-24-000048
- JSON: https://secwatch.observer/filing/0001032208-24-000048.json
- Plain text: https://secwatch.observer/filing/0001032208-24-000048.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.