Southern California Gas SOCGP

Southern California Gas Company is a regulated public natural gas distribution utility serving customers throughout most of Southern California and part of central California. The company operates as a subsidiary of Sempra, providing natural gas service to residential, commercial, and industrial customers within its service territory. Its core activities involve the distribution and delivery of natural gas through an extensive pipeline network, ensuring reliable energy supply for heating, cooking, and industrial processes.

Southern California Gas Company generates revenue primarily through the sale and delivery of natural gas to its customers under rates authorized by the California Public Utilities Commission. Revenue is derived from core gas sales, transportation services, and various regulatory mechanisms that allow recovery of approved operating costs and capital investments. The company serves a diverse customer base including households, businesses, and industrial facilities across its regulated service area.

Southern California Gas Company operates as a single reportable segment within the Sempra California group, which also includes San Diego Gas & Electric.

• Southern California Gas Company: This segment focuses on the distribution of natural gas to customers in Southern and central California. It maintains and operates a vast network of pipelines, storage facilities, and metering systems to ensure safe and reliable gas delivery. The segment includes the Gas Cost Incentive Mechanism, which allows sharing of savings or costs from natural gas procurement relative to market benchmarks.

Within the natural gas utility industry, Southern California Gas Company holds a prominent position as one of the largest natural gas distribution utilities in the United States. It operates in a regulated environment where rates and services are overseen by the California Public Utilities Commission, providing stability and predictable returns. Competitive advantages stem from its extensive infrastructure, long-standing customer relationships, and ability to recover prudently incurred costs through regulatory mechanisms.

Southern California Gas Company serves residential, commercial, and industrial customers throughout its service territory in Southern and central California. Specific customer types include homeowners using natural gas for heating and appliances, businesses utilizing gas for operations and manufacturing, and industrial clients requiring gas for processes such as food production and glass manufacturing.