secwatch.observer — SEC 8-K summary
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Issuer:     SEMPRA (SRE)
CIK:        0001032208
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001032208-25-000068
Event type: regulatory
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CPUC proposes approving $1.04B of SDG&E wildfire costs; lowers ROE by 35 bps
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- CPUC PD approves $1,036M of SDG&E's $1,472M wildfire mitigation cost request, denies $193M O&M and $242M capital costs.
- Authorized Track 2 revenue requirement of $721M for 2019-2027, $427M below requested $1.148B; remaining $431M collectible 2026-2028.
- Cost of Capital PD sets equity layer at 52% for SDG&E and SoCalGas, ROE 35 bps lower vs. current; effective Jan 1, 2026 through 2028.
- Comments on both PDs due Dec 4, 2025; reply comments Dec 9; earliest CPUC vote Dec 18, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1032208/000103220825000068/0001032208-25-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/86521/000103220825000068/sempra-20251114.htm
  HTML page:      https://secwatch.observer/filing/0001032208-25-000068

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer