Southern California Gas Company Bret Lane, CEO Southern California Gas Company May 21, 2019
SoCalGas Utility Overview Overview Service Territory Largest natural gas local distribution company (LDC)(1) in North America with 22 million consumers Transmission(2) 3,500 miles of transmission pipeline Distribution(3) Nearly…
SoCalGas Macro Drivers Los Angeles, Long Beach, Anaheim GDP Growth ( Trillions) (1) CA Economy Highlights 1.20 Southern CA has the largest manufacturing base in the U.S. 1.00 and is highly dependent upon natural gas as its energy…
Californias GHG Emissions Reduction Policy Timeline (1) Meeting Californias long-term decarbonization targets including an 80% economywide reduction (or more) by 2050 and carbon-free electricity by 2045 will be extremely…
How Can California Meet Its Emissions Goals (1) Identified Emissions Reduction Potential for Meeting California will have to manage the significant operational issues that arise from high penetration of intermittent renewables to…
SoCalGas Macro Drivers Natural gas complements renewable energy and plays a critical role in Californias electric reliability goals Renewable solar generation during daylight hours reduces net demand for power generation and results in…
SoCalGas System of the Future (1) Maximizing the value of SoCalGas unique size and scale to deliver cleaner energy over time Present 2030 - 2050 Renewable Natural Liquified Natural Gas Distributed Energy Carbon Capture Natural…
SoCalGas Strategy Complements Policy Safety + Operational Excellence Clean Energy Customer Choice Duty to furnish and maintain: State has set aggressive climate Affordability Efficient and reasonable service goals with a focus on…
SoCalGas Capital Plan Drives Projected Rate Base Growth We strive to improve lives and communities by building the cleanest, safest and most reliable energy infrastructure in America 90% of capital plan is related to safety and…
SoCalGas Operational Efficiencies 5th lowest residential gas bill among peers SoCalGas has demonstrated above-average performance in 120 capturing efficiencies in O&M costs(2) Average Residential Gas Bill(1) 100 Since 2013, SoCalGas…
SoCalGas Project Spotlight Gas Technology Innovations and Enhancements Leak Detection Technologies Drone-based small unmanned aerial systems Mobile vehicle leak surveys using methane sensing technologies and Geographic Information…
SoCalGas Project Spotlight Distribution Manage the safety, integrity and reliability of our natural Overview gas distribution system through proactive, risk-based Distribution Integrity Management Program (DIMP) replacement and…
SoCalGas Project Spotlight Transmission Manage the safety, integrity and reliability of our natural Overview gas transmission system through proactive, risk-based Transmission Integrity Management Program (TIMP) replacement and…
SoCalGas Project Spotlight Storage Overview Manage the safety, integrity and reliability of Four natural gas storage fields with working capacity of over 130 Bcf(1) our natural gas storage Storage Integrity Management Program (SIMP)…
SoCalGas Path to Premier Projected Earnings Path to Premier SoCalGas is the largest natural gas LDC(1) in North America 465M - 515M Manage safety, integrity and reliability through proactive, risk-based replacement and mitigation…
Appendix 17
SoCalGas 2019-2023 Capital Plan (1),(2) 6.1B - 6.8B 2019 - 2023 Capital Plan (B) Total CPUC Gas, including: Base distribution, transmission and storage enhancements Gas transmission, distribution and storage integrity…
SoCalGas Incremental Capital Investments Potential investments incremental to 2019 2023 Capital Plan and beyond Potential Incremental (1) Descriptions Status Investment (M) Mobile Home Park Program OIR to expand beyond current…
SoCalGas Operational Excellence Operating Metrics Financial Metrics Safety Incidents 2.95(1) 2018 Adjusted 422M Earnings(5) Replaced 215 miles of pipe to enhance distribution system 2018 Adjusted Pipeline Safety Assessed 300…
Loading...
