Sempra

Sempra is a holding company with energy infrastructure businesses in North America, including its California monopoly utilities San Diego Gas & Electric and Southern California Gas (SoCalGas). Sempra has a 80.25% interest in Oncor, an electric transmission and distribution utility, and 50% interest in Sharyland Utilities, an electric transmission utility. Sempra also invests in fossil fuel infrastructure in America and Mexico, including LNG export terminals and pipelines.

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California passes bill curbing utilities use of ratepayer money for political spending

State lawmakers last week made California the seventh state to pass a bill limiting investor-owned utilities from using customer money to pay for political and lobbying costs. Assembly Bill 1167, the California Ratepayer Protection Act, authored by Assembly Member Marc Berman (D-Menlo Park), passed both chambers of the legislature and now awaits action by Governor...

Several utilities donate to Trump inauguration committee

Monopoly utilities NextEra Energy, Sempra, Southern Company, and Washington Gas were among the donors to Donald Trump’s second presidential inauguration.  The Trump Vance Inaugural Committee, Inc., received large checks from a variety of corporations including those throughout the fossil fuel industry and several large investor-owned monopoly utilities, according to the committee’s recent filings with the...

As Customers Struggled, Utility CEOs’ Pay Spiked Last Year

While many Americans saw their energy bills go up substantially in the past year, investor-owned electric and gas utilities and the country’s largest publicly owned utility paid their CEOs over $647 million in 2023, an increase of 9 percent over 2022, an analysis by the Energy and Policy Institute has found. The CEOs for the...

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