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NOTTIICCEE OFF SSOUTTHHEERRN CCAALLIIFFORRNIIAA GAASS CCOMPPAANYY RREEQUEESSTT
SSOOUUTTHHEERRNN CCAALLIIFFOORRNNIIAA GGAASS CCOOMPPAANNYY ((SSOCCAALLGGAASS)) GGAASS CCOSSTT IINCCEENTTIIVVEE MEECCHHAANIISSM
((GCCIIM)) AAPPPPLLIICCAATTIION TTO TTHEE CCAALLIIFFORRNIIAA PPUBBLLIICC UTTIILLIITTIIEESS CCOMMIISSSSIION
((CCPPUCC)) A..2266--0066--001166 WHATT IISS BBEEIING REEQUEESSTTEED??
NNaattuurraall ggaass ppuurrcchhaasseess aarree rreevviieeweedd uunnddeerr tthhee GGCCIIM whhiicchh iinncceenntitivviizzeess uutitilliititieess ttoo sseeccuurree llooweerr pprriicceess,, sshhaarree ssaavviinnggss wiitthh ccuussttoomeerrss aanndd sshhaarreehhoollddeerrss,, aanndd aabbssoorrbb ppaarrtt ooff aannyy hhiigghheerr ccoossttss,, wiitthh ssaavviinnggss bbeenneefifititinngg SSooCCaallGaass CCoorree ccuussttoomeerrss.. IInn tthhee llaatteesstt GCCIIM yyeeaarr,, SSooCCaallGaass ppuurrcchhaasseedd naatturraall ggaass aatt $$4466..44 miilllliion beellow tthee ttaarrggeett prriiccee durriingg tthee prroggrraam perriiod off Aprriill 1,, 2025,, tto Maarrcch 31,, 2026.. SoCallGass iiss rrequesstiting apprrovall tto alllloccatte apprroxxiimatte $9..0 miilllliion off tthatt fforr iittss ssharrehollderrss whiillsstt prroviing $37..4 miilllliion iin llowerr gass cossttss tto iittss cussttomerrss..
GCIIM GCIIM Awarrd ass Cussttomerr Cllassss Awarrd $ % off Tottall Ratte
Miilllliions
Resiidentiall $6..3 0..1%
Commercial/Industrial $2.4 0.2%
Natural Gas Vehicles $0.2 0.2%
Other Core $0 0.3%
(Continued inside) HOW WOULD THIS IMPACT THE AVERAGE
RESIDENTIAL CUSTOMER?
If the request is approved, there will be no additional change in customer rates from this application. A typical residential customer’s average monthly bill for 35 therms of gas has already increased by 0.09 cents/month, from $71.98 to $72.07. A typical residential customer’s monthly summer bill for 23 therms of gas has already increased by 0.06 cents/month, from $49.78 to $49.83. If the CPUC approves a different allocation for SoCalGas shareholders, the difference will be credited or charged to customers through a rate change in future months.
ADDITIONAL INFORMATION An administrative law judge will hold hearings, consider evidence, testimony, and public comments before drafting a proposed decision on this application. CPUC Commissioners will then vote on a final decision at a public meeting.
You can read more about the utility’s request and make public comment by visiting apps.cpuc.ca.gov/c/A2606016. For questions about participating in CPUC matters, you can contact the Public Advisor’s Office at Public.Advisor@cpuc.ca.gov, 1- 866-849-8390, or 505 Van Ness Ave., San Francisco, CA 94102. Please reference A.26-06-016 in any communication with the CPUC.
QUESTIONS ABOUT THE REQUEST For questions about this application, please contact:
SoCalGas Gregory Healy Regulatory Affairs Business Manager 555 W 5th Street, GT14D6 Los Angeles, CA 90013 ghealy@socalgas.com
CNSB # 4055432