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San Diego Financial Systems Essay

513 Words3 Pages

The San Diego Gas &Electric (SDG&E) is a company that provides electricity and natural gas in both Orange and San Diego counties in South West of California in the United States. This company is owned by a 500 energy services holder known as Sempra Energy which is based in San Diego. SDG&E is a public utility that is regulated and supplies energy to over 3.3 million consumers with around 1.4 million electric meters and more than 0.84 million natural gas meters in Orange and San Diego counties.it covers an area span of around 4,1oo square miles which is equivalent to 10,600 square kilometers with around 5,000 employees (San Diego Gas &Electric Company, 2009). This company first met on 18th of April 1881 at the parlor of the Consolidated Bank. This meeting was aimed at incorporating the San Diego Gas Company and they ended up forming a successful enterprise that serviced a fledging city which had a population of around 3,000 people. They immediately requested the city trustees to authorize a purchase of 25 posts for street lamps which were the first posts to be maintained to serve the public.130 years later, San …show more content…

This was in order to support the plan and utilization of every distributed energy resource within the company’s service territory. This company is now getting underway with the DERMS project since it has picked its first site so as to test this project. This information on the progress was got from a reliable source since it the company’s chief engineer Tom Bialek who dispensed this information in an

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