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SDG&E Completes Renewable Power Purchase Agreements With Diverse Business Enterprise Participation

In 2011, SDG&E delivered 20.8 percent of its retail sales with renewable energy.  It also signed 17 new renewable energy contracts for a combined total of 1,482 MW.  This year, the company has signed 13 renewable energy contracts, bringing the total number of megawatts signed over the past two years to 1,879 MW. 

SDG&E has been a national leader in providing opportunities for DBE natural gas businesses for more than 20 years. In 2011, SDG&E purchased more than $65.5 million, or 34 percent, of natural gas for electric generation supply from DBE suppliers. Starting in 2011, SDG&E began planning for the California Public Utilities Commission Supplier Diversity Program's new requirement to report on DBE spending in electric procurement.

Overall, in 2011 SDG&E reported that 38.13 percent of products and services were provided by DBEs. SDG&E spent a total of $546 million on purchases with women, minority, and service-disabled veteran-owned businesses in 2011 – a nearly 42 percent increase in spending over 2010.

SDG&E is a regulated public utility that provides safe and reliable energy service to 3.4 million consumers through 1.4 million electric meters and more than 850,000 natural gas meters in San Diego and southern Orange counties.  The utility's area spans 4,100 square miles.  SDG&E is committed to creating ways to help customers save energy and money every day. SDG&E is a subsidiary of Sempra Energy (NYSE: SRE), a Fortune 500 energy services holding company based in San Diego. 

(Logo: http://photos.prnewswire.com/prnh/20110106/MM26476LOGO)

SOURCE San Diego Gas & Electric (SDG&E)

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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