DOCSLIB.ORG

2021 Proxy Statement Proxy Statement Summary

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
2021 Proxy Statement Proxy Statement Summary UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by a Party other than the Filed by the Registrant Registrant Check the appropriate box: Preliminary Proxy Statement CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12 SEMPRA ENERGY (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0- 11 (set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Notes: Reg. (s) 240.14a-101 SEC 1913 (3-99) 2021 Notice of Annual Shareholders Meeting and Proxy Statement May 14, 2021 March 26, 2021 Dear fellow shareholders: We are pleased to invite you to attend our virtual 2021 Annual Shareholders Meeting. It is scheduled for Friday, May 14, 2021, at 9 a.m. Pacific Time. The accompanying proxy information outlines how to attend the virtual meeting and the matters to be voted on at the meeting. Our industry has faced many challenges in the past year due to the impacts of COVID-19, and our hearts go out to all those who have experienced hardship and loss from the pandemic. Amidst these challenges, Sempra Energy and our 19,000 employees are humbled to have the opportunity to continue delivering energy with purpose – with an unwavering focus on safety – to more than 36 million consumers during a time when they need it most. We have remained resilient by continuing to invest in a high-performing culture that focuses on the well-being of our employees and our communities. The political unrest and racial injustice that has occurred in the United States over the past year has also brought to the forefront the importance of living our values: doing the right thing, championing people and shaping the future. As part of our company’s continued commitment to building a high-performing culture, we have continued our efforts to build an increasingly diverse and inclusive workforce, with a view toward helping all employees reach their full potential. Also, we have matched this effort with a commitment to expand programs in the communities we serve to help strengthen our partnerships and improve access to opportunity. Additionally, our resilience has enabled us to further advance our strategic mission to be North America’s premier energy infrastructure company. With the divestiture of our businesses in South America, the company’s portfolio is now squarely focused on top-tier markets in North America, with a focus on transmission and distribution infrastructure investments that should provide attractive risk-adjusted returns. The content of the Annual Shareholders Meeting will focus on the shareholder business items outlined in the accompanying meeting notice. For more information about our business, our 2020 Annual Report to Shareholders is available online at www.sempra.com/2021-annual-meeting and www.proxyvote.com. Please review the accompanying materials and promptly vote your shares. As in past years, you can vote in advance of the meeting by completing, signing, dating and returning the accompanying proxy card or voting instruction form. You can also vote by telephone or via the Internet. In reviewing the materials, you will note that director Kathleen L. Brown, who has served on our board since 2013 and has attained the age of 75, has not been nominated to stand for re-election in 2021 in keeping with our policy. We appreciate your vote and your continued investment in Sempra Energy. Sincerely, Jeffrey W. Martin Chairman and Chief Executive Officer March 26, 2021 Dear fellow shareholders: When I wrote to you one year ago, little could we have known what challenges 2020 would bring to our economy, our country and our world. While the past year brought much uncertainty – related to the COVID-19 global pandemic and the political unrest and racial injustice issues here in the United States – your board of directors continued to fulfill its role in providing oversight of Sempra Energy’s response to these challenges and its actions to further its strategic mission to be North America’s premier energy infrastructure company. Within this environment, your board of directors held more frequent meetings, enhanced our level of communication with the senior management team and received regular briefings on the company’s efforts in these key areas, all while maintaining a strong focus on long-term strategy. Throughout 2020, your board of directors continued to play a key role in providing strategic guidance to the company’s management team, overseeing corporate governance policies, and providing oversight of risk management. The board of directors is committed to continuing to do our part to help reinforce the company’s strong focus on doing what is right for its shareholders and other stakeholders and operating with the same high standards for which the company is known. Another key area of focus for the board of directors this year was its oversight of the company’s efforts to continue investing in a high-performing culture. Sound safety practices are central to the company’s business culture. Amid the COVID-19 pandemic, the company continued to prioritize the health and safety of its employees, customers, partners and communities. Sempra Energy and its operating companies adapted their facilities and protocols consistent with the recommendations of public health officials, with a view toward delivering essential energy to millions in North America. In addition to advancing our health and safety priorities over the past year, we all continued our focus on delivering sustainable value for our shareholders. Diversity and inclusion are also central to the company’s business culture and have been priorities at our company since its founding. We believe, as the company’s management does, that a strong focus on these areas is essential to building a better, more successful company. Our board members both embrace and reflect this focus. For the last seven years, at least half of our independent board members have been women and/or people of color and, today, 62% of our board members are women and/or people of color. The diverse backgrounds, perspectives, and skills of our board members contribute a wealth of experience to our business and demonstrate that diverse perspectives are encouraged and valued throughout the company. In 2020, we continued our robust shareholder engagement program. We understand that this is an important way for us to gather feedback and input that informs our policies and programs in a variety of areas, such as environmental practices, sustainability efforts and governance. Last year, we reached out to shareholders representing approximately 63% of our total outstanding shares of common stock and engaged directly with holders of approximately 46% of our outstanding shares of common stock. I participated in many of these conversations and, on behalf of the board, we appreciate your valuable input on how to strengthen and support the company’s mission. On behalf of your board of directors, we thank you for your investment in Sempra Energy. We are proud to serve in this important role for your company. Sincerely, William D. Jones Lead Independent Director Table of Contents Notice of Annual Shareholders Meeting 1 Proxy Statement Summary 2 Corporate Governance 9 Board of Directors ............................................................................................. 9 Board Committees ............................................................................................. 16 Communications with the Board ................................................................................. 19 Director Compensation ......................................................................................... 20 Audit Committee Report 24 Share Ownership 25 Proposals To Be Voted On 27 Board of Directors Proposals ................................................................................... 27 Proposal1:ElectionofDirectors.............................................................................. 27 Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm ......................... 33 Proposal 3: Advisory Approval of Our Executive Compensation ................................................... 35 Shareholder Proposals ......................................................................................... 36 Proposal 4: Shareholder Proposal
Load more

Recommended publications
  • SHAPING the FUTURE “There Is an Energy Transition Occurring Across the Globe — and I Believe the 21St Century Will Be the Century of Energy.”
    2019 | ANNUAL REPORT SHAPING THE FUTURE “ There is an energy transition occurring across the globe — and I believe the 21st century will be the Century of Energy.” — JEFFREY W. MARTIN Dear fellow shareholders: Together, we are shaping the future. This is an exciting We executed on that strategy by divesting certain time to be building new energy infrastructure in non-core assets and reinvesting sales proceeds into North America. our core markets: California, Texas and Mexico, and the liquefied natural gas (LNG) export market. After serving as a driver of change across so many industries throughout the past century, the global These markets enable us to focus on the delivery energy market has now reached an inflection point. of cleaner and more secure forms of energy to At Sempra Energy, we believe the energy industry consumers right here in North America as well as will experience significant disruption in the next abroad. Moreover, we are focusing our role in the 20 years. We view this as an opportunity. energy value chain on transmission and distribution investments that provide attractive risk-adjusted By delivering access to safer and more reliable, returns and higher value for our stakeholders. lower-carbon energy solutions, we have a unique opportunity to shape our company’s future. Our We have accomplished many of our goals and made employees are united around a vision to make a great progress in our journey to become North difference in the world by delivering energy with America’s premier energy infrastructure company. purpose, while supporting a high-performing corporate culture that serves all of our stakeholders.
    [Show full text]
  • Enron's Pawns
    Enron’s Pawns How Public Institutions Bankrolled Enron’s Globalization Game byJim Vallette and Daphne Wysham Sustainable Energy and Economy Network Institute for Policy Studies March 22, 2002 About SEEN The Sustainable Energy and Economy Network, a project of the Institute for Policy Studies (Washington, DC), works in partnership with citizens groups nationally and globally on environment, human rights and development issues with a particular focus on energy, climate change, environmental justice, and economic issues, particularly as these play out in North/South relations. SEEN views these issues as inextricably linked to global security, and therefore applies a human security paradigm as a framework for guiding its work. The reliance of rich countries on fossil fuels fosters a climate of insecurity, and a rationale for large military budgets in the North. In the South, it often fosters or nurtures autocratic or dictatorial regimes and corruption, while exacerbating poverty and destroying subsistence cultures and sustainable livelihoods. A continued rapid consumption of fossil fuels also ensures catastrophic environmental consequences: Climate change is a serious, emerging threat to the stability of the planet's ecosystems, and a particular hazard to the world's poorest peo- ple. The threat of climate change also brings more urgency to the need to reorient energy-related investments, using them to provide abundant, clean, safe energy for human needs and sustainable livelihoods. SEEN views energy not as an issue that can be examined in isolation, but rather as a vital resource embedded in a development strategy that must simultaneously address other fundamentals, such as education, health care, public par- ticipation in decision-making, and economic opportunities for the poorest.
    [Show full text]
  • 2022 All Parties Letter Signatures Thursday, March 4, 2021 2:52:17 PM Total Signatures 760
    2022 All Parties Letter Signatures Thursday, March 4, 2021 2:52:17 PM Total Signatures 760 State or National Organization name Alabama 211 Alabama Power Company Catholic Social Services Community Action Agency of Talladega, Clay, Randolph, Calhoun & Cleburne Counties Community Action of Etowah County Community Enabler Developer, Inc. Community Service Programs of West Alabama Edmundite Missions Electric Cities of Alabama Family Services Center of Calhoun County, Inc. FIRST Family Service Center Hands on River Region Huntsville Utilities Jefferson County Department of Human Resources Adult Protective Services Jefferson County Housing Authority Mobile Community Action, Inc. Montgomery Housing Authority Pickens Co. Community Action Committee and CDC, Inc. South Highland Presbyterian Church Spire St.Vincent de Paul Holy Infant The Council on Aging of Etowah County The Etowah Baptist Missions Center United Cherokee AniYunWiYa Nation Walker County Community Action Agency Total for Alabama: 25 Page 1 of 29 State or National Organization name Arizona A New Leaf Arizona Faith Network Arizona Public Service Community Action Human Resources Agency Grand Canyon State Electric Co-op Association Northern Arizona Council of Governments Salt River Project St Vincent de Paul Society, Chandler St Vincent de Paul, Phoenix St. Vincent de Paul, Church of the Resurrection Conference St. Vincent de Paul, CTK Conference St. Vincent de Paul, District 9, Father Joseph Patterson Council St. Vincent de Paul, Mesa St. Vincent de Paul, Our Lady of Mt. Carmel The Salvation Army Total for Arizona: 15 Arkansas American Electric Power (AEP) Arkansas Community Action Agencies Association, Inc. Arkansas River Valley Action Council, Inc. (ARVAC) Black Hills Energy CenterPoint Energy Children's HealthWatch Entergy Arkansas, LLC Northcentral Arkansas Development Council, Inc.
    [Show full text]
  • SDG&E Gas Franchise
    Caroline \\ 1inn Chief Ex~cutive OAicer P.O. Bux I g9$S I Sau Diego, A fJ'l 112 ) Tel: ( r, ) Ci50-61~5 A ~ Sempra Energy utilit/' [email protected] Hand Delivered April 16, 2021 Purchasing & Contracting Department Civic Center Plaza 1200 Third Avenue, Suite 200 San Diego, California, 92101 (619) 236-5921 Re: SDG&E RESPONSETO INVITATION TO BID FOR A FRANCHISETO CONSTRUCT,MAINTAIN AND USE PIPESAND APPURTENANCESFOR TRANSMITTING AND DISTRIBUTINGGAS IN THE STREETSOF THE CITY OF SAN DIEGO SDG&E BID DETAILS BEGIN ON PAGE 3 OF THIS DOCUMENT Dear Purchasing & Contracting Department, Mayor Gloria, and Honorable Members of the City Council, San Diego Gas & Electric Company ("SDG&E") is pleased to submit this responsive bid for a franchise to construct, maintain and use pipes and appurtenances for transmitting and distributing gas in the streets of the City of San Diego ("SDG&E Gas Franchise Bid"). We take this opportunity to thank the City of San Diego for its efforts to make this Invitation to Bid ("ITB") an open process, which has invited discussion on key terms in the 1TBand has engaged interested community stakeholders through an expansive community forum, survey, and outreach process in January and February 2021. As the Mayor's office announced, over 1,300 community organizations and leaders, city residents, employees, and elected officials had their voices heard before this solicitation was released. We are committed to participating in this process and look forward to an opportunity to discuss the details of our bid and the terms of the Gas Franchise in person.
    [Show full text]
  • Jennifer O'shea [email protected] (202) 824-7023 Natural Gas Utilities
    For Immediate Release: March 30, 2016 AGA Media Contact: Jennifer O’Shea [email protected] (202) 824-7023 Natural Gas Utilities Launch New EPA Program to Reduce Emissions Washington, D.C. – Natural gas utilities are working to reduce greenhouse gas emissions. 33 natural gas utilities today launched the U.S. Environmental Protection Agency’s Natural Gas STAR Methane Challenge Program whereby oil and gas companies can make and track commitments to reduce emissions and showcase their efforts to improve air quality and capture and monetize this valuable energy resource. The companies, which represent 66% of the natural gas customers served in the United States, are Founding Partners of the program and joined EPA’s Acting Assistant Administrator for the Office of Air and Radiation Janet McCabe at an event during the Global Methane Forum being held in Washington, DC to kick off the Challenge. AGA Chairman Ralph LaRossa, President and Chief Operating Officer of Public Service Electric & Gas Co. in New Jersey, spoke at the event saying, “For more than two decades, natural gas utilities have worked productively with EPA to share best practices, helping to improve distribution operations and reduce emissions. EPA has recognized the success of our voluntary efforts by continuing to address emissions from distribution through voluntary actions rather than regulatory mandates. We look forward to working with EPA and our members on this ambitious voluntary program.” The American Gas Association and many its members were founders of the original Natural Gas STAR program in 1993. According to the EPA, the 50 AGA member companies participating in the Natural Gas STAR program reduced emissions by 0.8 billion cubic feet in 2013 and a total of 46.2 billion cubic feet since 1993.
    [Show full text]
  • First Name Last Name Company Title
    First Name Last Name Company Title Jerry Golden 3-GIS, LLC Chief Operating officer Alex Davies 3M Company Brendan Kennedy 3M Company Mower & Asssociates - PR Brian Brooks 3M Electrical Markets Division Lab Randy Flamm 3M Electrical Markets Division Sales David Iverson 3M Electrical Markets Division Lab Jane Kovacs 3M Electrical Markets Division PR Manager Lynette Lawson 3M Electrical Markets Division Marketing Kevin Pfaum 3M Electrical Markets Division Trade Show Mgr. Ed Scott 3M Electrical Markets Division Marketing Steve Willett 3M Electrical Markets Division Lab Corey Willson 3M Electrical Markets Division Sales Sinan Yordem 3M Electrical Markets Division Lab Tony Althaus A. Y. McDonald Mfg. Co. National Gas Sales Manager Nate Harbin A. Y. McDonald Mfg. Co. Midwest Gas Products Territory Manager Shannon Bromley A+ Corporation Product Manager Mark Imboden ABB, Inc. Channel Partner Manager Scott Peterson ABB, Inc. U.S. Sales manager Burton Reed ABB, Inc. Business Development Manager Brad Steer Accela Inc Sales Rep. Quan Vu Accela Right of Way Management Sales Rep Peter Johansson Accudyne Industries Executive Vice President David Bettinghaus Advance Engineering Corp. Regional Sales Manager Thomas Brown Advance Engineering Corp. President Martin Malcolm Advance Engineering Corporation Larry Head AECOM National Practice Leader, Gas Utilities Carrie Kozyrski AECOM Project Manager Mike Musial AECOM Director of Energy Services Steven Petto AECOM Alternative Delivery Manager, Power & Industrial James Savaiano AECOM Project Manager Scot Macomber
    [Show full text]
  • Docket No. EC11-81-000, the AES Corporation, DPL Inc., the Dayton
    20111115-3055 FERC PDF (Unofficial) 11/15/2011 137 FERC ¶ 61,122 UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Before Commissioners: Jon Wellinghoff, Chairman; Philip D. Moeller, John R. Norris, and Cheryl A. LaFleur. The AES Corporation Docket No. EC11-81-000 DPL Inc. The Dayton Power and Light Company DPL Energy, LLC ORDER AUTHORIZING MERGER AND DISPOSITION OF JURISDICTIONAL FACILITIES (Issued November 15, 2011) 1. On May 18, 2011, The AES Corporation (AES), DPL Inc. (DPL), and DPL’s subsidiaries, The Dayton Power and Light Company (DP&L) and DPL Energy, LLC (DPLE) (collectively “Applicants”) filed, pursuant to sections 203(a)(1) and 203(a)(2) of the Federal Power Act (FPA),1 a joint application for authorization of a proposed transaction in which AES will acquire DPL (Proposed Transaction). The Commission has reviewed the application under the Commission’s Merger Policy Statement.2 As 1 16 U.S.C. § 824b (2006). 2 See Inquiry Concerning the Commission’s Merger Policy Under the Federal Power Act: Policy Statement, Order No. 592, FERC Stats. & Regs. ¶ 31,044 (1996), reconsideration denied, Order No. 592-A, 79 FERC ¶ 61,321 (1997) (Merger Policy Statement). See also FPA Section 203 Supplemental Policy Statement, 72 Fed. Reg. 42,277 (Aug. 2, 2007), FERC Stats. & Regs. ¶ 31,253 (2007) (Supplemental Policy Statement). See also Revised Filing Requirements Under Part 33 of the Commission’s Regulations, Order No. 642, FERC Stats. & Regs. ¶ 31,111 (2000), order on reh’g, Order No. 642-A, 94 FERC ¶ 61,289 (2001). See also Transactions Subject to FPA Section 203, Order No.
    [Show full text]
  • SDG&E Electric Franchise
    Caroline "'inu Chief Executive Oflicer P.O. Box 1,wss l San Diego, CA 9~ 11'.1 P. Td: ( . .58) (i50-61, .'i A ~ Sempra Energy utility® C\-Vi1111U.l.1sdve.eo111 Hand Delivered April 16, 2021 Purchasing & Contracting Department Civic Center Plaza 1200 Third Avenue, Suite 200 San Diego, California, 92101 (619) 236-5921 Re: SDG&E RESPONSETO INVITATION TO BID FORA FRANCHISETO CONSTRUCT,MAINTAIN AND USE POLES,WIRES, CONDUITS AND APPURTENANCESFOR TRANSMITTING AND DISTRIBUTINGELECTRICITY IN THE STREETSOF THE CITYOF SAN DIEGO SDG&E BID DETAILS BEGIN ON PAGE 3 OF THIS DOCUMENT Dear Purchasing & Contracting Department, Mayor Gloria, and Honorable Members of the City Council, San Diego Gas & Electric Company ("SDG&E") is pleased to submit this responsive bid for a franchise to construct, maintain and use poles, wires, conduits, and appurtenances for transmitting and distributing electricity in the streets of the City of San Diego ("SDG&E Electric Franchise Bid"). We take this opportunity to thank the City of San Diego for its efforts to make this Invitation to Bid {"ITB") an open process, which has invited discussion on key terms in the 1TBand has engaged interested community stakeholders through an expansive community forum, survey, and outreach process in January and February 2021. As the Mayor's office announced, over 1,300 community organizations and leaders, city residents, employees, and elected officials had their voices heard before this solicitation was released. We are committed to participating in this process and look forward to an opportunity to discuss the details of our bid and the terms of the Electric Franchise in person.
    [Show full text]
  • 1 United States of America Before The
    UNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION Mesquite Solar 2, LLC ) Docket No. ER16-_____-000 PETITION OF MESQUITE SOLAR 2, LLC FOR ORDER ACCEPTING MARKET-BASED RATE TARIFF FOR FILING AND GRANTING WAIVERS AND BLANKET APPROVALS AND REQUEST FOR EXPEDITED ACTION Pursuant to section 205 of the Federal Power Act (FPA),1 Rule 205 of the Rules of Practice and Procedure of the Federal Energy Regulatory Commission (FERC or Commission),2 and Part 35 of the Commission’s regulations under the FPA,3 Mesquite Solar 2, LLC (Applicant) hereby petitions the Commission for: (1) acceptance of its Market-Based Rate Tariff with an effective date of May 20, 2016; (2) waiver of certain Commission regulations under the FPA; and (3) the granting of certain blanket approvals. As described herein, Applicant respectfully requests issuance of an order granting the above requests no later than May 20, 2016. As discussed in Section IV of this application, Applicant also requests a blanket authorization under FPA § 204 and Part 34 of the Commission’s regulations to issue securities and assume liabilities. Applicant requests that the Commission issue a notice concerning the request for such blanket authorization under FPA § 204 and Part 34 of the Commission’s regulations at the same time, and with the same comment period, as that issued for the notice of 1 16 U.S.C. § 824d. 2 18 C.F.R. § 385.205. 3 18 C.F.R. Part 35. 1 Applicant’s FPA § 205 application for market-based rate authorization.4 Applicant further requests that the Commission grant its request for blanket authorization to issue securities and assume liabilities (without imposing any additional notice period) in the same order and at the same time it issues the order granting Applicant’s market-based rate authority so that such blanket authorization will be fully effective at the time of the order.5 I.
    [Show full text]
  • Sempra Energy Completes $2.5 Billion Divestiture of US Renewables and Non-Utility Natural Gas Storage Assets
    Sempra Energy Completes $2.5 Billion Divestiture Of US Renewables And Non-Utility Natural Gas Storage Assets April 22, 2019 SAN DIEGO, April 22, 2019 /PRNewswire/ -- Sempra Energy (NYSE: SRE), today announced that it has completed the divestiture of its U.S. renewables business and non-utility natural gas storage assets, generating approximately $2.5 billion in total cash proceeds. The announcement comes with today's completion of the sale of its remaining ownership interests in operating and development-stage wind assets to American Electric Power Company, Inc. (NYSE: AEP) for $584 million in cash, subject to customary post-closing adjustments. "We have a long and successful track record of actively managing our portfolio, including exiting businesses that are no longer consistent with our strategy," said Joseph A. Householder, president and chief operating officer of Sempra Energy. "The proceeds from the asset sales will be used to pay down debt and redeploy capital to support the strategic growth of Sempra Energy in North America." The sale to AEP included approximately 724 megawatts of net operating capacity comprising the following projects: Black Oak Getty Wind in Minnesota and Apple Blossom Wind in Michigan, as well as Sempra Energy's interests in jointly-owned projects with BP Wind Energy: Auwahi Wind in Hawaii (wind and battery storage), Flat Ridge 2 Wind in Kansas, Mehoopany Wind in Pennsylvania, Cedar Creek 2 Wind in Colorado, and Fowler Ridge 2 Wind in Indiana. AEP also acquired all of Sempra Energy's wind projects currently in development. In February, Sempra Energy completed the sale of its non-utility U.S.
    [Show full text]
  • Open PDF File of Data Source
    Members List U.S. Investor-Owned Electric Companies International Members Associate Members EEI is the association that represents all U.S. investor-owned electric companies. Our members provide electricity for 220 million Americans, operate in all 50 states and the District of Columbia, and directly and indirectly employ more than one million workers. Safe, reliable, affordable, and clean energy powers the economy and enhances the lives of all Americans. Organized in 1933, EEI provides public policy leadership, strategic business intelligence, and essential meetings and forums. U.S. Investor-Owned Utilities AES Corporation Emera Maine OGE Energy Corporation Dayton Power & Light Company Empire District Electric Company Oklahoma Gas & Electric Company Indianapolis Power & Light Company Entergy Corporation Ohio Valley Electric Corporation ALLETE Entergy Arkansas Oncor Minnesota Power Entergy Louisiana Otter Tail Corporation Superior Water, Light and Power Company Entergy Mississippi Otter Tail Power Company Alliant Energy Corporation Entergy New Orleans PG&E Corporation Ameren Corporation Entergy Texas Pacific Gas & Electric Company Ameren Illinois Eversource Energy Pinnacle West Capital Corporation Ameren Missouri Exelon Corporation Arizona Public Service Company American Electric Power Baltimore Gas & Electric Company PNM Resources AEP Ohio Commonwealth Edison Company PNM AEP Texas PECO Energy Company TNMP Appalachian Power Pepco Holdings Portland General Electric Indiana Michigan Pepco PPL Corporation Kentucky Power Atlantic City Electric
    [Show full text]
  • SDG&E Joins Settlement with Duke Energy
    SDG&E joins settlement with Duke Energy SAN DIEGO, July 13, 2004 - San Diego Gas & Electric (SDG&E) joined with other California parties today in announcing that they have reached a settlement with Duke Energy Corp. and some of its affiliates that will provide refunds concerning Duke's energy charges during the California energy crisis of 2000-01. The settlement resolves claims against Duke made by California's investor-owned electric utilities, the California Electricity Oversight Board, the California Department of Water Resources Electric Power Fund and the California attorney general. The attorneys general of Oregon and Washington also are participating in the settlement, as are a number of local California governments. "We are pleased that we have been able to resolve this issue, dating back to the beginning of the California energy crisis," said William L. Reed, senior vice president of regulatory and strategic planning at SDG&E. Reed noted that SDG&E had made the initial filing at the Federal Energy Regulatory Commission (FERC) requesting relief from soaring energy prices in August 2000. The settlement calls for Duke to assign to the settling parties about $140 million in receivables owed to Duke for transactions during the period of the energy crisis. Duke also will contribute approximately $60 million in cash for a total settlement of more than $200 million. The cash payment includes $2.5 million that Duke previously paid in an earlier settlement negotiated with the FERC. SDG&E estimated that its customers' share of the settlement proceeds will be approximately $14 million. The California Public Utilities Commission (CPUC) will determine how the refund will be distributed to customers.
    [Show full text]