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SoCalGas Helps Customers Save More Than $106 Million Through Energy Efficiency Programs

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SoCalGas, a Sempra (NYSE:SRE) subsidiary, reports its 2025 energy efficiency programs helped customers save over $106 million on utility bills and cut about 54 million net therms of energy use. Programs delivered $1.41 in customer value per $1 invested and avoided roughly 286,000 metric tons of CO2e.

From 2021–2025, customers saved over $475 million, reduced energy use by more than 242 million net therms, and avoided about 1.28 million metric tons of CO2e.

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Positive

  • 2025 customer bill savings over $106 million from energy efficiency programs
  • Approximately 54 million net therms of gas saved in 2025
  • Programs delivered $1.41 in customer value per $1 invested in 2025
  • 2025 efforts avoided about 286,000 metric tons of CO2e emissions
  • 2021–2025 cumulative bill savings exceed $475 million
  • 2021–2025 cumulative energy savings of over 242 million net therms

Negative

  • None.

News Market Reaction – SRE

+0.56%
+0.56% Session close to close

In the Jun 11 session, SRE gained 0.56%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights SoCalGas’ role in customer affordability and decarbonization, with over...
Analysis

This announcement highlights SoCalGas’ role in customer affordability and decarbonization, with over $106 million in 2025 bill savings and 286,000 metric tons of CO2e avoided. Cumulatively, 2021–2025 programs delivered more than $475 million in savings and 1.28 million metric tons of avoided emissions. Placed alongside recent LNG and pipeline milestones, it reinforces Sempra’s focus on reliability, long-term demand management and regulated value creation, while investors track financing activity and leadership changes in parallel.

Key Figures

Customer bill savings 2025: $106 million Energy saved 2025: 54 million net therms Homes served equivalent 2025: 38,000 homes +5 more
8 metrics
Customer bill savings 2025 $106 million SoCalGas energy efficiency programs in 2025
Energy saved 2025 54 million net therms SoCalGas energy efficiency programs in 2025
Homes served equivalent 2025 38,000 homes Energy savings equivalence for 2025
Value per $1 invested $1.41 Total customer value per $1 invested in 2025 programs
CO2e avoided 2025 286,000 metric tons Emissions avoided by 2025 programs
Vehicles equivalent 2025 66,000 gasoline-powered vehicles Emissions reduction equivalence for 2025
Customer bill savings 2021–2025 $475 million Cumulative SoCalGas energy efficiency savings 2021–2025
CO2e avoided 2021–2025 1.28 million metric tons Cumulative emissions avoided 2021–2025

Historical Context

5 past events · Latest: Jun 09 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 09 Pipeline in-service Positive +1.9% Port Arthur Pipeline Louisiana Connector entered service supporting up to 2 Bcfd.
Jun 08 AI collaboration Positive +1.9% Edge AI system launched to enhance wildfire and extreme-weather response.
Jun 08 Leadership change Positive -2.2% New CEO named for Sempra Infrastructure amid majority acquisition closing.
Jun 05 Grid & bill measures Positive +1.2% SDG&E outlined summer grid upgrades and customer bill relief initiatives.
Jun 04 LNG milestone Positive +1.2% ECA LNG Phase 1 achieved first LNG production toward commercial operations.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news skewed positive—LNG milestones, infrastructure in-service, and customer bill relief—with stock reactions mostly positive and only one leadership/transaction update drawing a negative move.

Recent Company History

Over recent months, Sempra has reported several infrastructure and customer-focused milestones. On Jun 9, 2026, a Sempra Infrastructure pipeline supporting up to 2 Bcfd of gas deliveries entered service ahead of schedule and under budget. Earlier, SDG&E detailed summer grid and bill-support measures, while ECA LNG Phase 1 achieved first LNG production toward commercial operations. Leadership changes at Sempra Infrastructure were also announced. Today’s SoCalGas efficiency update fits this pattern of emphasizing system reliability, affordability, and long-term customer value.

Key Terms

california public utilities commission, co2e, net therms
3 terms
california public utilities commission regulatory
"Under the California Public Utilities Commission (CPUC) cost-effectiveness standard..."
The California Public Utilities Commission (CPUC) is the state agency that sets rates, enforces safety and service standards, and approves major projects for investor-owned utilities like electric, gas and telecommunications companies in California. Its decisions are like a referee’s calls for utilities—shaping how much companies can charge, what investments they can make, and how costs are allocated—so commission rulings directly affect utility revenues, profits, and investment risk for shareholders.
co2e medical
"helped avoid approximately 286,000 metric tons of carbon dioxide equivalent (CO2e) emissions..."
CO2e is a single number that expresses the warming effect of all greenhouse gases as the amount of carbon dioxide they would equal, so different gases can be compared on the same scale. Think of it like converting different currencies into dollars to make an apples-to-apples comparison. Investors use CO2e to gauge a company’s climate impact, regulatory and carbon‑pricing exposure, and potential costs or reputational risks tied to emissions.
net therms technical
"reducing energy use by approximately 54 million net therms, enough to serve..."
Net therms are the amount of natural gas energy, measured in therms, that is actually delivered, billed or usable after routine adjustments for temperature, pressure, gas quality and pipeline losses. For investors, net therms show the real sales volume and operational efficiency of energy companies — similar to tracking miles driven after detours or usable fuel after accounting for spills — and directly affects revenue, margins and supply reliability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LOS ANGELES, June 11, 2026 /PRNewswire/ -- Southern California Gas Co. (SoCalGas), a subsidiary of Sempra (NYSE: SRE), announced today that its energy efficiency programs helped customers save more than $106 million on their utility bills in 2025—reducing energy use by approximately 54 million net therms, enough to serve about 38,000 homes annually1.

"These programs are giving customers more control of their energy use and helping lower their bills," Andy Carrasco, vice president, communications and regional stakeholder engagement at SoCalGas. "We're providing simple, practical tools, rebates, and services so families and small businesses across Southern California can save energy and better manage what they spend each month."

SoCalGas operates more than 70 customer-facing energy efficiency programs that help households and businesses better manage energy use and costs through rebates, direct installation services, property assessments, and financial options. Under the California Public Utilities Commission (CPUC) cost-effectiveness standard, these programs collectively delivered $1.41 in total customer value for every $1 invested in 2025.

These efforts also helped avoid approximately 286,000 metric tons of carbon dioxide equivalent (CO2e) emissions in 2025, or the equivalent of removing more than 66,000 gasoline-powered passenger vehicles from the road for a year1.

Energy efficiency programs are one important way SoCalGas helps customers manage their energy costs today. They also support long-term affordability by reducing overall energy demand and helping limit price volatility during extreme conditions.

As highlighted in The Affordable Way for California, this approach—combining energy efficiency with investments in system reliability and underground storage—helps support customer energy needs and underscores the value of a flexible, resilient energy system.

Between 2021 and 2025, SoCalGas' energy efficiency programs have helped customers save more than $475 million on their utility bills and reduce energy use by more than 242 million net therms—enough to serve about 172,000 homes annually. These efforts have also helped avoid approximately 1.28 million metric tons of CO2e emissions1.

Learn more about SoCalGas' energy efficiency programs and ways to save at https://www.socalgas.com/savings. Click to read the full Energy Efficiency Programs 2025 Annual Report.

About SoCalGas

SoCalGas is the largest gas distribution utility in the United States, serving more than 21 million consumers across approximately 24,000 square miles of Central and Southern California. Our mission is: Safe, Reliable, and Affordable energy delivery today. Ready for tomorrow. SoCalGas is a recognized leader in the energy industry and has been named Corporate Member of the Year by the Los Angeles Chamber of Commerce for its volunteer leadership in the communities it serves. SoCalGas is a subsidiary of Sempra (NYSE: SRE), a leading U.S. utility growth business. For more information, visit SoCalGas.com/newsroom or connect with SoCalGas on social media @SoCalGas

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise.

In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "pro forma," "strategic," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategies, goals, vision, mission, projections, intentions or expectations.

Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: decisions, disallowances or denials of cost recovery, audits, investigations, inquiries, ordered studies, regulations, legislative actions, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to, as applicable, (i) negotiating pricing and other terms in definitive contracts, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, (iv) obtaining regulatory and other approvals and (v) third parties honoring their contracts and commitments; changes to our capital expenditure plans and their potential impact on rate base or other growth; changes, due to evolving economic, political and other factors and increasing geopolitical instability as a result of wars or other conflicts in various parts of the world, to (i) trade and other foreign policy, including the imposition of tariffs by the U.S. and foreign countries (and uncertainty related to the implementation and enforceability thereof), and (ii) laws and regulations, including those related to tax; litigation, arbitration, property disputes and other proceedings; cybersecurity threats, including by nation-state actors, of ransomware or other attacks on our systems, the energy grid or our other infrastructure, or the systems of third parties with which we conduct business; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money or otherwise raise capital on favorable terms and meet our obligations, which can be affected by, among other things, (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, and (iii) fluctuating interest rates and inflation; the impact of efforts to increase affordability of U.S. utility customer rates on our ability to obtain cost recovery from applicable regulators, our capital expenditure and other growth plans and our ability to advance statewide policies; the impact on affordability of customer rates, cost of capital and operating margin due to (i) volatility in inflation, interest rates, commodity prices, and tariff rates and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of natural gas and natural gas storage and transportation capacity, including disruptions caused by failures in the pipeline and storage systems or limitations on the injection and withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control.

These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.

Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, nor are they regulated by the CPUC.

Message funded by ratepayers.

1 Estimates of avoided CO2e emissions from reduced natural gas consumption associated with program participation are calculated in accordance with California Public Utilities Commission (CPUC) methodologies, and estimates of equivalent avoided greenhouse gas emissions from gasoline-powered passenger vehicles driven for one year and equivalent avoided carbon dioxide emissions from homes' energy use for one year are converted from [net] therms or CO2e, as applicable, using the U.S. Environmental Protection Agency's (EPA) Greenhouse Gas Equivalencies calculator. These figures represent estimates as of a point in time and future changes or updates to the EPA calculator may impact the results.

SoCalGas operates more than 70 customer-facing energy efficiency programs that collectively delivered $1.41 in total customer value for every $1 invested in 2025.

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Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/socalgas-helps-customers-save-more-than-106-million-through-energy-efficiency-programs-302797292.html

SOURCE Southern California Gas Co.

FAQ

How much did SoCalGas energy efficiency programs save customers in 2025 for Sempra (NYSE:SRE)?

According to SoCalGas, 2025 energy efficiency programs helped customers save over $106 million on utility bills. The company reports these programs also reduced energy use by about 54 million net therms, helping households and businesses better manage ongoing energy costs.

What environmental impact did SoCalGas 2025 efficiency programs have for Sempra (SRE) customers?

According to SoCalGas, 2025 programs helped avoid approximately 286,000 metric tons of CO2e emissions. This is described as similar to removing more than 66,000 gasoline-powered passenger vehicles from the road for a year, supporting cleaner energy use across Southern California.

What are the cumulative 2021–2025 savings from SoCalGas efficiency programs for Sempra (SRE)?

According to SoCalGas, from 2021–2025 its energy efficiency programs saved customers over $475 million on utility bills. Over the same period, customers reduced energy use by more than 242 million net therms and avoided about 1.28 million metric tons of CO2e emissions.

How do SoCalGas energy efficiency programs benefit Sempra (NYSE:SRE) customers long term?

SoCalGas says its efficiency programs cut current bills and support long-term affordability by lowering overall energy demand. This reduced demand can help limit price volatility during extreme conditions and complements investments in system reliability and underground storage to support a resilient energy system.

How many programs does SoCalGas run to help Sempra (SRE) customers save energy?

According to SoCalGas, it operates more than 70 customer-facing energy efficiency programs across Southern California. These include rebates, direct installation services, property assessments, and financial options designed to help households and businesses better manage energy usage and monthly utility spending.

What value do SoCalGas efficiency programs provide per dollar invested in 2025?

According to SoCalGas, under the CPUC cost-effectiveness standard its 2025 programs delivered $1.41 in total customer value for every $1 invested. This ratio reflects combined benefits from bill savings, reduced energy consumption, and associated environmental impacts across participating customers.