SACRAMENTO – While soaring utility gas bills have left a gaping hole in family budgets across the southland, Sempra Energy is facing increasing scrutiny for putting executive and shareholder profits ahead of the customers served by the gas utilities they own.
Echoing recent calls by Governor Newsom and California Senate Energy Utilities & Communications Chair Steve Bradford to investigate price spikes and protect ratepayers, Stern proposed legislation that could strengthen the hand of state regulators and avert price spikes or windfall profits in the future.