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As the nation's largest natural gas distribution utility, Southern California Gas Co. (SoCalGas) delivers clean, safe, and reliable energy to 21.6 million consumers through 5.9 million meters in over 500 communities across central and southern California. Their 20,000 square miles service territory spans diverse terrain, offering hydrogen technology solutions to decarbonize fleets and reduce greenhouse gas emissions. SoCalGas is committed to sustainability, with a goal to achieve a 100% zero-emissions fleet by 2035, focusing on alternative fuels like hydrogen, renewable natural gas, and battery electric.
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SoCalGas Introduces Natural Gas Price Notice Text Message for Customers, Allowing Them to Receive Alerts on 20% or More Increase in Monthly Commodity Cost. Starting from November 14, 2023, customers can sign up to receive alerts from December 2023 to March 2024.
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SoCalGas has contributed $650,000 to an innovative carbon removal technology project called Hybrid Direct Air Capture (HDAC), developed by Avnos, Inc. The technology removes carbon dioxide from the air and generates water using only electricity. SoCalGas is also partnering with Avnos on a larger pilot project to demonstrate scalability. The project aims to support California's goal of sequestering 100 million metric tons of CO2 by 2045.
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SoCalGas donates $1 million to the California Restaurant Foundation's Resilience Fund, providing grants to independent restaurants for technology adoption, equipment upgrades, employee onboarding, and unforeseen hardships. Applications open from October 25 to November 8, 2023.
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SoCalGas and CTE deploy hydrogen fuel cell electric vans to reduce greenhouse gas emissions
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SoCalGas supports DOE's $1.2 billion investment in California's clean hydrogen hub
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SoCalGas donates $235,000 to address food insecurity
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SoCalGas awards $400,000 in grants to 13 nonprofits for climate solutions
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Boyle Heights S.T.E.M. Magnet High School's team competes in the Horizon Hydrogen Grand Prix World Finals, sponsored by SoCalGas
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SoCalGas donates $100,000 to support restaurants, benefiting Latino and AAPI-owned businesses.
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DOE program awards $126M in grants to 106 projects for clean energy research and development. SoCalGas and ClearSign receive $1.6M to scale-up hydrogen-powered industrial burner prototype. SoCalGas provides additional $500K. Burner designed to operate on up to 100% hydrogen for decarbonization of high-heat industrial processes.
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FAQ
What is the current stock price of STHN CAL GAS 6 A PR (SOCGP)?
The current stock price of STHN CAL GAS 6 A PR (SOCGP) is $25.62 as of December 24, 2024.
What is the market cap of STHN CAL GAS 6 A PR (SOCGP)?
The market cap of STHN CAL GAS 6 A PR (SOCGP) is approximately 2.4B.
What is SoCalGas known for?
SoCalGas is the nation's largest natural gas distribution utility, providing clean, safe, and reliable energy to millions of consumers across central and southern California.
What are SoCalGas' sustainability goals?
SoCalGas aims to achieve a 100% zero-emissions fleet by 2035 through the use of alternative fuels like hydrogen, renewable natural gas, and battery electric vehicles.
How does SoCalGas contribute to decarbonization efforts?
SoCalGas offers hydrogen technology solutions to help decarbonize fleet operations and reduce greenhouse gas emissions from transportation sectors.
What is SoCalGas' service territory like?
SoCalGas' service territory spans approximately 20,000 square miles with diverse terrain throughout central and southern California.
What are some of SoCalGas' achievements?
SoCalGas has converted 38% of its fleet to run on alternative fuels and is actively working towards a 100% zero-emissions fleet by 2035.
STHN CAL GAS 6 A PR
OTC:SOCGP
SOCGP Rankings
SOCGP Stock Data
2.42B
783.03k
Pipeline Transportation of Natural Gas
Transportation and Warehousing
United States of America
Los Angeles