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California Water Service Group Subsidiary Files Plan to Invest $1.6 Billion in its California Water Systems in Upcoming Three Years, Proposes Program to Decouple Revenue from Water Sales

Provided By GlobeNewswire

Last update: Jul 9, 2024

SAN JOSE, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- To continue providing safe, clean, reliable tap water to customers across the communities it serves, California Water Service (Cal Water)—the largest subsidiary of California Water Service Group (NYSE: CWT)—yesterday submitted Infrastructure Improvement Plans for its California districts from 2025-2027 in its General Rate Case (GRC) filing with the California Public Utilities Commission (CPUC). The application also proposes a Low-Use Water Equity Program, which would decouple revenue from water sales, to assist low-water-using, lower-income customers.

Read more at globenewswire.com

CALIFORNIA WATER SERVICE GRP

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