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CALIFORNIA | LOCAL
January 4, 1987
An article on Dec. 25 ("SDG&E Sues to Block New Emissions Fee Plan") regarding a legal appeal filed by San Diego Gas & Electric against the Air Pollution Control District was somewhat misleading. SDG&E has always been willing to pay its fair share for reasonable regulation by the APCD. The district is proposing to base part of its annual fees on emissions. But these new fees have no relationship to what it costs the APCD to regulate SDG&E. In effect, they would be used by the APCD to regulate other businesses.
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BUSINESS
June 15, 2012 | Michael Hiltzik
Experienced consumers know that whenever a company says it's changing its services to serve them better, it's wise to count the silverware and make sure the doors are locked. But San Diego Gas & Electric Co. has lately unveiled a groundbreaking advance in the art of shafting customers and disguising it as an act of love. The utility wants to give some of its 1.2 million residential customers the option to prepay their electric bills. Think of it as similar to a prepaid cellphone for which you buy a basket of minutes in advance; in this case you would put money in an SDG&E account, and when your electric usage drains it down you would refill it with cash or by bank card to keep the lights on. What could be more convenient than that?
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BUSINESS
March 29, 1985 | BILL RITTER, San Diego County Business Editor
San Diego Gas & Electric Co. took another step Thursday toward its planned diversification by consolidating its non-utility operations into one subsidiary that will not be regulated by the state Public Utilities Commission. The subsidiary, Pacific Diversified Capital Co., will now oversee SDG&E's investment, land acquisition and real estate development activities, according to Stephen A. Edwards, manager of SDG&E's special projects.
NATIONAL
September 9, 2011 | By Tony Perry, Los Angeles Times Staff Writer
All 1.4 million customers of San Diego Gas & Electric have had power restored, the company announced at 4:30 a.m Friday, some 13 hours after the massive outage struck. Dave Geier, a company vice president, said 100 substations are back on line. The 100% return occured about an hour before the news conference announcement, he said. Geier said that despite the return of power, customers should try to use electricity sparingly, lest they overload the system. "The system is still fragile," he said.
CALIFORNIA | LOCAL
September 20, 1985 | GREG JOHNSON, Times Staff Writer
San Diego Gas & Electric officials predicted Thursday that the availability of lower-priced energy sources and lower interest rates will help generate lower utility rates in the foreseeable future. "We have reason to be optimistic about the future," Lee Haney, SDG&E vice president and treasurer, said at a Thursday press conference that focused on utility rates. "By the end of the year, rates will be lower than they are now." SDG&E's rates have declined by 9% since 1983, according to SDG&E.
BUSINESS
October 28, 1986 | GREG JOHNSON, Times Staff Writer
San Diego Gas & Electric last week sold its Imperial Valley geothermal leaseholds to Los Angeles-based Magma Power in a deal that, depending on how productive the geothermal fields prove to be, could reach $30 million. "The (ceiling) payment is $30 million, and I expect we'll see it," said Jim Nugent, supervisor of fuel contracts for SDG&E. "We'll recover more than we put into (purchasing) leaseholds . . . (and) as those payments come in, they'll reduce future electric rates."
BUSINESS
April 8, 1986 | GREG JOHNSON, Times Staff Writer
By burning cheap oil in its South Bay and Encina electric generating plants, San Diego Gas & Electric has reversed its role as an electric-poor utility and started generating enough electricity to meet its own power needs and make occasional electric sales to other utilities.
BUSINESS
January 31, 1985 | BILL RITTER, San Diego County Business Editor
Residential energy bills will drop in the next 11 months, the result of a continued decline in the prices of fuel oil and natural gas, San Diego Gas & Electric Co.'s chief executive predicted Wednesday. The falling energy prices will mean rate adjustments in 1985 and downward revisions on SDG&E's current $122-million rate-increase proposal for 1986, according to Thomas A. Page, SDG&E's chairman, president and chief executive. The current typical monthly residential energy bill is $67.
CALIFORNIA | LOCAL
December 23, 1987 | GREG JOHNSON, Times Staff Writer
The state Public Utilities Commission on Tuesday ordered San Diego Gas & Electric to cut its electric rates by a record $141.2 million beginning Jan. 1, a move that will help commercial and industrial users more than residential customers. The rate decrease announced in San Francisco will push SDG&E's average electric rate to its lowest point since 1981, the utility said Tuesday.
BUSINESS
March 28, 1985 | BILL RITTER, San Diego County Business Editor
Thomas A. Page, San Diego Gas & Electric Co.'s chairman, president and chief executive, was given a 21.2% pay raise in 1984, to $348,750, according to the company's proxy statement. But under state regulatory limits, the utility's customers had to pay only 3.3% of the increase. Shareholders therefore bore most of the pay increase in 1984, a year when the utility's earnings per share dropped to $3.01 from $3.20 in 1983 because of a $45.1-million fine levied by state regulators last December.
CALIFORNIA | LOCAL
November 1, 2009 | Tony Perry
San Diego Gas & Electric Co. has agreed to pay the state $14.3 million to settle accusations that shoddy maintenance led to downed power lines, igniting the devastating 2007 brush fires in northern San Diego County that destroyed more than 1,500 homes.But the tentative settlement, announced Friday by the utility company and the Consumer Protection and Safety Division of the Public Utilities Commission, does not end the dispute over power line maintenance and its link to brush fires.
CALIFORNIA | LOCAL
September 4, 2008 | Tony Perry, Times Staff Writer
A jury Wednesday awarded $55.6 million to the families of four Marines killed in a 2004 helicopter crash at Camp Pendleton. The four died when their helicopter, a UH-1N known as a Huey, crashed into a 130-foot-tall utility tower at the Marine Corps base. The families filed a wrongful-death lawsuit against San Diego Gas & Electric Co., alleging that the company was negligent for not installing safety lights on the tower in rugged Talega Canyon. The jury's decision included $15.2 million in compensatory damages and $40.4 million in punitive damages.
BUSINESS
March 17, 2005 | From Bloomberg News
San Diego Gas & Electric would forfeit its 20% interest in the San Onofre nuclear power plant if it declined to participate in a planned $680-million equipment replacement, according to a regulatory filing Wednesday. Southern California Edison, owner of 75% of the generating station in northern San Diego County, said in its annual report that an arbitrator decided SDG&E's plan to opt out of the investment would result in its losing the stake.
BUSINESS
February 9, 2005 | James S. Granelli, Times Staff Writer
San Diego Gas & Electric Co. said Tuesday that it would launch a pilot program offering some customers broadband Internet access over power lines, making it the first electric utility in the state to test the latest high-speed technology. But the broadband connection would be a byproduct of what the utility really wants: a way for customers and the company to better manage electric service.
BUSINESS
June 10, 2004 | Marc Lifsher, Times Staff Writer
The California Public Utilities Commission on Wednesday approved a utility's ambitious plan to sharply increase the supply of electricity in the rapidly growing San Diego area. But the plan by San Diego Gas & Electric Co., designed to help avoid another energy crisis like the one that swept the state in 2000 and 2001, faces a legal challenge from a San Francisco consumer group. Energy analysts said the legal challenge might slow the plan but was unlikely to derail it.
BUSINESS
June 9, 2004 | Marc Lifsher, Times Staff Writer
Talk about a power struggle. As an economic recovery spurs demand for electricity and California prepares for another summer that could overtax transmission lines, a plan that would make way for construction of the San Diego area's first new power plants in 20 years is in trouble. The five-member California Public Utilities Commission is scheduled to vote in San Francisco today on a proposal by San Diego Gas & Electric Co.
BUSINESS
May 9, 1991 | TOM PETRUNO, TIMES STAFF WRITER
San Diego Gas & Electric's stock tumbled $4.875 a share to $38.625 Wednesday after its proposed merger with SCEcorp was iced. That 11% drop was on trading volume of just 754,400 shares--not much, given SDG&E's 56 million shares outstanding. Still, many big SDG&E shareholders expressed shock at the Public Utility Commission's move. "I'm startled," said Robert McCullough of money management firm McCullough, Andrews & Cappiello in San Francisco.
BUSINESS
January 9, 1985
The settlement with bankrupt United Petroleum Distributors of Houston and its president, Edward J. Fourti calls for both sides to drop their lawsuits. San Diego Gas & Electric had alleged that United defrauded it out of $31.2 million in fuel oil as part of an oil-storage agreement in 1978, while Fourti countersued on charges of breach of contract and false representation. SDG&E said it already has written off $30.6 million in probable losses from the deal.
BUSINESS
October 9, 2003 | From Bloomberg News
Sempra Energy's San Diego Gas & Electric unit wants state approval to spend about $600 million to buy new power plants and long-term electricity supplies for its 1.3 million customers in the Southland. The purchases would add 1,250 megawatts of electricity, enough for about a million homes, starting in 2005, a spokesman said. It's the first effort of San Diego Gas & Electric to buy electricity for its customers since 1991.
BUSINESS
August 30, 2003 | From Times Staff and Wire Services
Reliant Resources Inc. will pay $836,000 to settle allegations by U.S. regulators that it manipulated California power prices, and San Diego Gas & Electric Co. will pay $27,972, officials said Friday. Neither admitted wrongdoing, and the settlements reached with the Federal Energy Regulatory Commission staff are subject to approval by the full commission.
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