SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549


FORM 8-K

CURRENT REPORT



Pursuant to Section 13 or 15(d) of the Securities Exchange Act
of 1934




Date of Report

(Date of earliest event reported):  December 30, 2003
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SAN DIEGO GAS & ELECTRIC COMPANY
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(Exact name of registrant as specified in its charter)


CALIFORNIA
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(State of incorporation or organization)

1-3779
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(Commission File Number)

95-1184800
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(I.R.S. Employer Identification No.)


8330 CENTURY PARK COURT, SAN DIEGO, CA
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92123
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(Address of principal executive offices)
(Zip Code)



Registrant's telephone number, including area code
(619) 696-2000
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(Former name or former address, if changed since last report.)




FORM 8-K

Item 5.  Other Events

As previously reported, on August 25, 2003 the California Public
 Utilities Commission (CPUC) announced that it had denied a rehearing
 of its decision approving a settlement with the company allocating
 between customers and shareholders the profits from intermediate-term
 purchase power contracts that the company had entered into prior to
California's electric utility industry restructuring.  As a result
of the CPUC decision we recognized additional after-tax income of
 $65 million in the third quarter of 2003.

As also previously reported, an advocacy group for small consumers petitioned
 the California Court of Appeals to review the  CPUC's decision approving the
 settlement.  On December 30, 2003 the Court of Appeals granted the petition for
 review.  We expect that the Court of Appeals will affirm the CPUC's decision.
 A decision is expected by the third quarter of 2004.






SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
 registrant has duly caused this report to be signed on its behalf by the
 undersigned thereunto duly authorized.


SEMPRA ENERGY
(Registrant)


Date: December 30, 2003
By: /s/ Edwin A. Guiles
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Edwin A. Guiles

Chairman and Chief Executive Officer