Sempra Energy Financial Overview
Business Updates
SEMPRA
CALIFORNIA
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SEMPRA
TEXAS
SEMPRA
INFRASTRUCTURE
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SDG&E completed hardening of Tier 3 HFTD transmission lines
SDG&E received final 2022 Cost of Capital decision
SDG&E + SoCal Gas received final 2023-2025 Cost of Capital decision
SoCal Gas received approval to track costs in first phase of Angeles Link 1,2
⚫ DOE encouraged California to advance Hydrogen Hub to next application phase
⚫ In 2022, Oncor:
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Set company records for new + active transmission interconnection requests
Built or hardened 1,950 miles of T+D lines
Connected 64,000 additional premises
Achieved strong reliability results, nearly 5% improvement in non-storm SAIDI score
Oncor base rate review ongoing, expect final order around end of Q1-2023
Cameron LNG Phase 1 outperformed production targets
Clean Power + Energy Networks businesses growing with new projects coming online
Construction advanced at ECA LNG Phase 1
Commercial momentum through execution of definitive offtake agreements for
Port Arthur LNG Phase 1
Regulatory + environmental advancements at LNG + Net-Zero Solutions business
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The ability to complete major development and construction projects is subject to a number of risks and uncertainties.
D.22-12-055 authorizes SoCal Gas to record costs of performing Phase One feasibility studies for the Angeles Link proposal. Further CPUC approval will be needed to recover
Phase One costs, to track and recover the costs of future project phases, and for various other aspects of development.
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