Thursday, July 5, 2007

Calif. consumer unit urges Sempra utility rate cuts

(Reuters) - The DRA also said San Diego Gas & Electric Co.'s call for a
20.8 percent, $197.9 million electricity rate hike should be
reduced by $108 million, and SDG&E's proposed 15.1 percent,
$33.8 million natural gas increase should become a $4.3 million
rate reduction.




DRA Director Dana Appling said the proposed reductions
total more than $60 million to both utilities' requested
funding of bonus and compensation programs.


Read more at Reuters.com Bonds News

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