San Diego utility may miss goals

Sempra Energy’s San Diego Gas & Electric said it probably would fall short of California’s renewable energy goals, which could subject it to fines of as much as $25 million.

SDG&E;, which provides electricity to 1.4 million homes and businesses in Southern California, will be unable to get 20% of its power supplies from renewable energy sources such as wind turbines and solar panels by 2010, as mandated by a state law, the company said in a filing with the Securities and Exchange Commission.

The company said a delay in regulatory approvals for its proposed $1-billion transmission line to southeast California would make it unable to tap renewable energy in the region.