regulatory
confidence high
sentiment neutral
materiality 0.60
SDG&E and SoCalGas file 2028 GRC applications with CPUC, requesting $3.76B and $5.1B test-year revenue
SEMPRA
- SDG&E requests $3,760M test-year revenue for 2028; attrition adjustments of $327M (8.7%) in 2029, $226M (5.5%) in 2030, $240M (5.6%) in 2031.
- SoCalGas requests $5,096M test-year revenue for 2028; attrition adjustments of $315M (6.2%) in 2029, $312M (5.8%) in 2030, $314M (5.5%) in 2031.
- Requests cover safety, reliability, regulatory compliance, and rising costs (insurance, healthcare); CPUC final decision may differ materially.
- CPUC proposed decision expected by end 2027; new rates effective January 2028.