NYSE:SREIntegrated Utilities
Sempra Weighs SoCalGas Rate Findings Against Valuation And Policy Risks
SoCalGas, a Sempra subsidiary, released a report indicating inflation adjusted residential natural gas rates were roughly 25% lower in 2023 than in 2000.
The report highlights the role of natural gas infrastructure in helping keep energy affordable and maintaining reliability during periods of volatility.
SoCalGas positions natural gas as an important support for California's transition to higher renewable energy use and grid stability.
Sempra (NYSE:SRE), recently trading around $92.38,...