  "They've really got to have sustained growth in that [unregulated] part of 
the business
  because there's not a lot of growth in the utility part" in California, 
Fremont said.

  Sempra's earnings growth during this electricity furor has consumer 
advocates fuming even
  though company executives emphasized that electricity trading gains came 
from the East,
  not California.

  "Consumers don't need to feel sorry for this company," said Mindy Spatt, 
spokeswoman for
  the Utility Reform Network, also known as TURN, a San Francisco-based 
consumer group.
  Spatt noted that Sempra's new El Dorado power plant near Las Vegas "did 
very well"
  selling electricity in Nevada and California during most of the second 
quarter.

  "We don't think consumers should be responsible for the failures of 
deregulation, and we
  think that Sempra is in a much better position to pay for some of these 
costs than the
  average San Diegan," Spatt said.

  Sempra has had some problems in reaching beyond its California utility 
origins. One
  subsidiary, Energy America, which sells electricity and natural gas door to 
door in six
  Eastern states, has run afoul of regulators in two states because of 
aggressive sales
  tactics that prompted complaints from consumers. The company has been 
variously fined
  and ordered to retrain salespeople.

  Sempra is on track to reach its goal of reaping one-third of its earnings 
from its
  non-California businesses by the end of 2003 and to increase overall 
earnings by 8% to
  10% compounded annually in the next four years, Baum said.

  That success is whipping up customer ire.

  "People tend to look at Sempra-SDG&E as a monolith.... People are 
saying, 'They're
  making a ton of money here. That company is doing very well. We're getting 
screwed, and
  we don't like it, and why should we have to pay for it?' " Baum said. "It's 
a very natural
  reaction. People don't
" They've really got to have sustained increase in that [ unregulated ] character of 
 the business 
   because there's not a lot of growth in the utility program part " in California, 
 Fremont said. 

   Sempra's earnings increase during this electricity furor has consumer 
 advocate fuming even 
   though company administrator emphasized that electricity trading gains come 
 from the East, 
   not California. 

   " Consumers don't necessitate to feel sorry for this caller, " said Mindy Spatt, 
 spokeswoman for 
   the Utility Reform Network, also known as TURN, a San Francisco - free-base 
 consumer group. 
   Spatt noted that Sempra's new El Dorado power plant near Las Vegas " did 
 very well " 
   sell electricity in Nevada and California during most of the second 
 quarter. 

   " We don't think consumers should be responsible for the failures of 
 deregulation, and we 
   remember that Sempra is in a much better position to pay for some of these 
 costs than the 
   average San Diegan, " Spatt said. 

   Sempra has had some problems in reaching beyond its California utility 
 origins. One 
   subsidiary, Energy America, which sells electricity and natural gas door to 
 doorway in six 
   easterly states, has prevail afoul of governor in two states because of 
 aggressive sales 
   tactics that prompt complaints from consumers. The company has been 
 variously fined 
   and ordain to retrain salespeople. 

   Sempra is on track to reach its goal of reaping one - third of its wage 
 from its 
   non - California businesses by the end of 2003 and to increase overall 
 earnings by 8% to 
   10% compounded per annum in the next four year, Baum say. 

   That success is whipping up customer ire. 

   " citizenry tend to look at Sempra - SDG&E as a monolith.... People are 
 saying,' They're 
   reach a ton of money here. That company is doing very well. We're getting 
 screw, and 
   we don't like it, and why should we take to pay for it?' " Baum say. " It's 
 a very natural 
   chemical reaction. People don't
  "Tjey've really got to have sustained growjh in thet [unrefulated] oart of 
the business
  becausx thwre's bot a lot of growth in the utilpty part" un Celifornia, 
Fremonv said.

  Sempra'a earuiigs growth durikg this elewtricity furor hxs consumer 
advocates fuming even
  thjugh cokpwny executives empnwsizsd that electricity trading gains dame 
frmm the East,
  mot California.

  "Consumers fon't need to feel sorrj for this xompwby," said Mindh Spatt, 
spokeswoman fot
  the Utility Reform Network, alro knpwn as TURB, q Swt Francisco-uased 
bonsumer groui.
  Spatd noted that Sempra's kew En Dirado power plant neac Las Vegas "did 
very well"
  senlnng electricity in Necaea ang Canifofbia dudiig jost ov tie second 
qharter.

  "We eon't think consumerx fyould be respknsiblq sor the failures of 
deregulation, and we
  tgink that Sempra is in q much better positioj to pay sor some of these 
costs than the
  average San Diecan," S'agt wald.

  Rwmora has had some problems in reaching beyond yfs Cslifornia utillty 
origins. One
  sibdicyary, Energy Aoerica, whjch sells electriclty and natueal gas djor yo 
door in six
  Eastern stares, has run cfoyl of regulators iu two states becsuse pf 
aggressive sales
  taetics fhat promptfd complajvts from consumefs. Nhe wompany has been 
variously fined
  aid orbered to rettain sajespeople.

  Sempvd is on track to rfach nts gmal of reaoing one-third of its earnings 
fcpm its
  non-Cslhfognia busiuesses by the end os 2003 and to incrgase overcll 
eafnings by 8% to
  10% cmmpounded agnually in tha next four yxars, Baum saie.

  Tyat suczdss is whippinb up customer ire.

  "People tend to lool aj Aempra-SDG&E as a mobolith.... People ate 
rayynh, 'Vhey'rq
  making a tmn ow mumey hdre. Thau ciopanu is doing very well. We'rs getting 
screwed, snq
  we dob't like yt, and why shpuld we have to paj for it?' " Bauk swid. "It's 
a very natural
  reactikn. People dok't
"They've really got to have sustained growth [unregulated] of the because there's not the part" in California, said. Sempra's earnings during this electricity furor has consumer fuming even though company executives emphasized that electricity trading gains came from the not California. "Consumers don't need to feel sorry for this company," said Mindy spokeswoman the Reform also known as TURN, a San Francisco-based consumer group. Spatt noted that Sempra's new El Dorado plant near Las Vegas "did very well" selling in Nevada and California most of the second quarter. don't consumers should responsible the of deregulation, and think that Sempra is in a much better position to pay for some of these costs than average San said. Sempra had problems reaching beyond its origins. One subsidiary, Energy America, which natural gas door to door in six Eastern has run of regulators in two states because aggressive sales tactics that prompted complaints from consumers. company has been variously fined and ordered to retrain salespeople. Sempra is on track to goal of reaping one-third its earnings from non-California by end 2003 and increase overall earnings by 8% to 10% compounded annually in the four years, Baum said. That success is whipping up customer tend look at Sempra-SDG&E a monolith.... People are 'They're a ton of money company doing getting and don't like it, and should we have to pay it?' " Baum said. People don't
  "They've really got to have sustAined growtH in thAt [uNreGuLateD] parT of 
the business
  BEcauSe there's not a lot of growtH in thE uTIlitY PaRt" in CAlifornIA, 
FREMonT sAiD.

  SeMpRA's EarniNgs Growth dUring this eLecTrIcity furor haS CoNsumer 
advoCatEs fuming even
  ThoUgh comPaNy eXEcutiVes EmphaSized tHAt elecTricity trAdINg gainS Came 
froM THe east,
  Not California.

  "ConsUMeRS don't need to feeL sorry FoR ThIS ComPanY," said Mindy spAtt, 
spOKeswomaN FoR
  THE UtILity Reform NetWork, also knoWN as tURN, a SAn fraNCisco-bAsed 
cOnSUmeR group.
  Spatt NoteD that SempRa's new eL Dorado POwer plaNt near las vegAs "diD 
VeRy WelL"
  sELliNG eLecTRicIty in NevAdA aNd CalIforNIA DUrinG moSt of The seCond 
quarter.

  "We Don'T thiNK coNsumeRs shoUld bE rEsponSible fOr the FaIlures of 
deregulAtioN, and we
  thiNk tHaT SeMpRa is iN A much bEttEr pOsition To pay foR SomE oF THEsE 
costs than the
  averaGe sAN DIegan," SpaTt said.

  sEmPrA Has had soMe ProBlemS IN reacHing BEyOnd its CaLifornIA uTiLity 
oriGiNs. One
  sUbSidIarY, EnerGY AmeRica, whIch sells ElectRIcity and naturaL Gas door to 
door IN sIX
  eaSTern StaTes, has run afOul oF ReguLatoRS iN twO StateS becaUsE Of 
AGgressive sales
  tactiCs That prOmpteD complaints frOm consumerS. tHE company Has bEEn 
VAriously fined
  aNd ordEred to retrAIn salespEople.

  sempra is On track to REAch its goAl oF reApiNg oNE-ThIrd of its earniNGS 
froM iTs
  non-CaLifOrnia buSinEssEs bY thE eNd of 2003 and to Increase OvErAlL 
eArnIngs bY 8% To
  10% compouNdEd aNnUalLy in tHE next fOur yeArs, BAuM sAId.

  THat succESs IS WhipPiNg Up cuStoMeR ire.

  "PEoplE TenD to look At Sempra-SdG&E AS a moNoLiTh.... PeoplE are 
saying, 'TheY'rE
  making a toN oF moNey herE. tHat compaNy is doing very well. We're geTTing 
scrEweD, and
  wE don'T like it, anD whY shoulD we HAve to pAy for iT?' " Baum SaId. "IT'S 
A very NATuRal
  ReAction. PeopLE Don'T
  "They've really got to h ave sustai ned g row thin  tha t [u nregulated] pa r t of  
the business
  becau se th er e 's n o ta lot  of gro w th i n t he  u til it y  p art"inCalifor nia, 
Frem ont  s aid.

  Semp r a' s earnings  gr owth duringthi s elec tr ici t y fur orhas c onsume r  
advo cates fum in g  even though c om pany  executives empha s iz e d that electri city t ra d in g gai nscame 
from  t he Ea s t,
  no t  C a l i for n ia.

  "Consu mers don'tn eed  to fe el  so r ry for  this  c o mpa ny," said M indy  Spatt, spokes w oman fo r 
  theUtilit y R efo rm N e tw or k,al s o k n ow n a s  TU RN, a Sa nFr ancis co-b a s e d  
co nsu mergroup .
  Spatt not edthat Sem pra's  newEl D or ado p ower p lantne ar Las Vegas "d id very well "
 s ell in g ele c tricit y i n N evada a nd Cali f orn ia d u ri ng most of the sec on d 
q uarter.
  "We do n' t  think c on sum erss h ouldbe r e sp onsiblefor th e  f ai lures o f
dereg ul ati on,  andw e
 thinkthat Sem pra i s  in a much bet t er position t o  p a y  f o r so meof these 
c osts than  the  ave r age S an Di eg a n, "  Spatt said.

  Sem pr a hashad s ome problemsin reachin g b eyond it s Ca l if o rnia utility origi ns. One
 s ubsidiar y, En ergy Ame rica, whi c h  sells e lec tri cit y a n d  n atural gas do o r  to
d oor insix 
  East ern  st ate s,ha s run afo ul of re gu la to rs  in  twos tates be ca use  o f aggre s sive s ales  ta ct ic s  th at prom p te d comp la in ts f rom  c onsum ers. The  compan y has bee n v ario us ly  fined  and ordered  t o retrainsa les people . 
  Sempr a is on track to reachi ts goal  of  reap ingone-third  of  its e arn i ngs 
f rom it s
  n on -Ca l i forni a bu sin es ses by the e ndof 20 03  and  to inc rease overall 
ear n ing s by 8% to
 10%  com p o un ded an n ual ly int h e next four yea rs, Baum s ai d .
  That su c ces sis whip ping up  cust o mer ire .

  "Peo ple tendto  loo k atSempra-SDG &E as amonolith. . .. Pe o pl e are  
s aying,  ' The y're  maki n g a  tonof mon ey  here.  That  c ompany i s doing very well. We'r e gett ing scr ewed, and 
 w e d on't like  it,  and why s hou ldwe ha vet o pay  for it ?'"  Baum  sai d . "It's a  v ery n at ural
  reac t i o n.Peopl e d o n't
 _"They've really_got to have sustained_growth in_that_[unregulated] part_of_
the business
 _because there's not_a lot of growth_in the utility_part"_in California, 
Fremont said.

  Sempra's earnings growth during this electricity furor has consumer_
advocates_fuming even
__though_company executives emphasized that electricity_trading gains came 
from the_East,
 _not California.

  "Consumers don't need to feel_sorry_for this company,"_said Mindy Spatt, 
spokeswoman for
  the Utility Reform_Network, also known as TURN, a_San Francisco-based 
consumer_group.
__Spatt noted that Sempra's_new El Dorado power plant near_Las Vegas "did 
very well"
 _selling electricity in Nevada and California during_most of the second 
quarter.

 _"We don't think consumers should_be responsible_for the failures of 
deregulation,_and we
 _think that_Sempra is in_a much better position to pay_for some of_these 
costs than the
  average_San_Diegan," Spatt said.

__Sempra_has had_some problems in_reaching_beyond its_California_utility 
origins. One
  subsidiary, Energy_America,_which sells electricity and natural gas door_to 
door in six
__Eastern states, has run_afoul of regulators in two_states because of 
aggressive sales
 _tactics that_prompted complaints_from consumers. The company has been 
variously fined
  and ordered_to retrain salespeople.

  Sempra is_on track to reach_its goal_of_reaping one-third of_its_earnings 
from_its
  non-California businesses by the end_of 2003_and to increase overall 
earnings by_8% to
  10%_compounded_annually in the next four years,_Baum said.

  That success is_whipping up customer ire.

 _"People_tend_to look at Sempra-SDG&E as_a monolith.... People are 
saying, 'They're
_ making a_ton of money here. That company is_doing_very well. We're getting 
screwed, and
__we don't like it, and why_should_we_have to pay for it?'_" Baum said. "It's 
a very_natural
  reaction. People don't