Bloomberg Law
May 26, 2023, 6:42 PM

California’s SoCalGas Focused on Costs Amid Energy Transition

Mark Chediak
Mark Chediak
Bloomberg News
Matthew Miller
Matthew Miller
Bloomberg News
Jon Erlichman

Sempra’s Southern California Gas utility is concentrating on making energy bills affordable after natural gas rates soared last winter amid cold weather and energy shortages.

“We are deeply focused on managing and supporting energy affordability for our customers,” SoCalGas Chief Executive Officer Scott Drury said Friday on Bloomberg Television.

Watch: SoCalGas CEO Scott Drury talks about making gas cheaper.
Source: Bloomberg

Read More: California’s Gas Price Shock Is a Problem of State’s Own Making

Southern California wholesale gas prices spiked in December due to colder-than-normal weather, reduced pipeline imports and low gas storage levels. The skyrocketing costs prompted California Governor Gavin Newsom to ask federal energy regulators to investigate the ...

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