Efficient Financing & Incremental Investment Opportunities
5-YEAR RATE BASE PROJECTIONS
U.S. Utilities Rate Base ($B) 1.2
9% CAGR
70% AVERAGE PROJECTED
ELECTRIC RATE BASE
10% projected rate base growth at Sempra California'
•
$55.5
$52.8
$49.8
$46.4
•
$17.0
$42.4
$16.1
$14.8
$36.8
$13.5
$12.0
$9.7
$38.5
$35.0
$36.7
$32.9
$30.4
$27.1
.
.
Safety, reliability and modernization of T+D system
85% dedicated to electric energy at SDG&E
Infrastructure hardening and wildfire risk mitigation
at SDG&E
Gas transmission, distribution, storage integrity
programs and pipeline safety enhancements at
SoCalGas
7% projected rate base growth at Sempra Texas²
100% dedicated to electric energy
.
1.
2.
2020A
2021E
2022E
■ Electric
2023E
■Gas
2024E
2025E
·
T+D infrastructure expansion to support rapid growth
System automation to improve reliability
Sempra California represents SDG&E and SoCalGas. Rate base figures represent 13-month weighted-average, excluding CWIP. Projected rate base CAGR from 2020-2025. Actual amounts/results may differ materially.
Reflects 100% of Oncor's and Sharyland's actual year-end rate base at 12/31/2020 and projected year-end rate base for 72
years 2021-2025. Actual amounts/results may differ materially.
SEMPRAView entire presentation