About Sempra Energy

Sempra Energy's takes a pragmatic approach to make money in utility and other energy markets in the US and around the world. In the US Sempra distributes natural gas to more than 7.2 million customer meters and electricity to 3.4 million customer meters through its Southern California Gas (SoCalGas) and San Diego Gas & Electric (SDG&E) utilities. Other reporting segments include Sempra US Gas & Power (natural gas and renewables) and Sempra International (Sempra Mexico and Sempra South American Utilities), which were formerly known as Sempra Global. Sempra Energy companies serve more than 31 million consumers worldwide.

Geographic Reach

The company has operation in the US, Chile, Peru, and Mexico.


Sempra Energy's California utilities (SDG&E and (SoCalGas) accounted for 71% of Sempra Energy's 2013 revenues. Other units include Sempra International (Sempra South American Utilities and Sempra Mexico) and Sempra U.S. Gas & Power (Sempra Renewables and Sempra Natural Gas). The company also develops regasification facilities through Sempra LNG.

Sales and Marketing

In the US Sempra Energy distributes natural gas and electricity to primarily residential customers through its SoCalGas and SDG&E utilities.

Financial Performance

After experiencing a revenue dip in 2012 due to a decline natural gas and energy-related revenues offset by higher electric sales, in 2013 Sempra Energy's revenues grew by 9% due to increased natural gas and energy-related revenues. Natural gas revenues grew primarily as the result of higher natural gas prices and volumes sold. Energy-related businesses' sales rose due to higher revenues from electric transmission thanks toan increase in the cost of electric fuel and purchased power primarily due to the incremental cost and purchases of renewable energy, and higher power prices, partially offet by lower demand thanks to a cooler-than-usual summer in 2013.

The company’s net income increased by 17% in 2013 due to higher sales and gains on the sale of assets. (Sempra Natural Gas sold one 625-MW block of its Mesquite Power natural gas-fired power plant to the Salt River Project Agricultural Improvement and Power District).

In 2013 Sempra Energy's operating cash inflow decreased to $1.78 billion (from $2.02 billion in 2012) primarily due to a loss from plant closures and increased income taxes and investment tax credits.


The company is responding to a California state mandate (and accompanying financial incentives) to increase the amount of energy generated by utilities from non-fossil fuel sources.

In 2014 Sempra U.S. Gas & Power and Consolidated Edison Development (ConEdison Development) agreed codevelop five solar projects in Nevada and California. The projects include Sempra U.S. Gas & Power's 250-MW Copper Mountain Solar 3 project near Las Vegas, and Consolidated Edison Development's CED California Holdings, LLC portfolio: the 50-MW Alpaugh 50, 20-MW Alpaugh North and 20-MW White River 1 facilities in Tulare County, and the 20-MW Corcoran 1 facility in Kings County. The renewable power from all of the projects has been sold under long-term contracts.

Mergers and Acquisitions

In 2013 Sempra U.S. Gas & Power acquired the Broken Bow 2 wind project in Nebraska. When Broken Bow 2 is completed, Sempra U.S. Gas & Power will have joint-venture projects totaling more than 1,000 MW of wind generating capacity. Sempra U.S. Gas & Power also agreed to purchase 43 1.7-MW General Electric wind turbines to power the 75-MW wind farm. Located in Custer County, the wind farm will generate enough renewable power for 30,000 Nebraska homes.

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Sempra Energy

101 Ash St
San Diego, CA 92101-3017
Phone: 1 (619) 696-2000
Fax: 1 (619) 696-4611


  • Employer Type: Public
  • Stock Symbol: SRE
  • Stock Exchange: NYSE
  • Chairman and CEO: Debra L. Reed
  • Chairman and CEO: Debra L. Reed
  • President: Mark A. Snell

Major Office Locations

  • San Diego, CA

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