Why SDG&E wants to get out of the business of buying electricity

With California’s grid going through dramatic changes, San Diego Gas & Electric has approached the Legislature in Sacramento with a proposal that, at least at first blush, sounds pretty radical — it wants to get out of the business of buying and selling electricity.

Instead, the company is calling on the state to create a separate entity that would handle all those transactions.

SDG&E officials are quick to say it has no plans to go away — it and other investor-owned utilities in the state would still shoulder other responsibilities such as delivering power to customers through transmission and distribution facilities, maintaining poles and wires and taking care of billing and metering.

But it wants to be relieved of the job of purchasing the sources of electricity (natural gas, solar, wind, etc.) to meet customers’ energy needs.

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