SRE · News · 20260806N
Segment Revenue Performance
SEMPRA · 2026-08-06 · Importance 63 · Surprise 64
Oncor’s second-quarter net income increased to $428 million from $259 million, a $169 million or approximately 65% year-over-year increase. Oncor’s higher earnings reflected surcharge revenue from its comprehensive base-rate review, Unified Tracker Mechanism and System Resiliency Plan revenues, new base rates effective June 1, 2026, interim rates tied to invested capital, and customer growth. Texas operations contributed $346 million to Sempra’s quarter, while SDG&E and Southern California Gas combined contributed $297 million.
Key facts
- Sempra reported that Texas contributed $346 million to quarterly results while SDG&E and Southern California Gas combined contributed $297 million (reported in Times of San Diego coverage). source