California Public Utilities Commission Approves Rate Increase for California Water Service Company

Strategic Insights -

The California Public Utilities Commission has issued a regulatory update, approving a rate increase for California Water Service Company (Cal Water). The new rates will be in effect starting January 1, 2027, with an increase of 7.7%. The Commission has also authorized a rate increase on January 1, 2028, by 8.1%. The total rate increase for 2027 and 2028 is $74,162,564 and $83,574,190, respectively.

Key Takeaways:

  • The Commission has approved a rate increase for Cal Water, with a total increase of $74,162,564 in 2027 and $83,574,190 in 2028.
  • The new rates will be in effect starting January 1, 2027, with an increase of 7.7%.
  • The Commission has authorized a rate increase on January 1, 2028, by 8.1%.
  • Cal Water will increase rates by $140,558,101 or 17.1% in test year 2026.
  • The rate increase will be implemented in accordance with the Rate Case Plan.
  • The Commission's decision is based on its ratemaking policies and the Company's financial performance.
  • The decision affects customers of Cal Water, who will see an increase in their water bills.

Statistics:

  • The total rate increase for 2027 and 2028 is $157,736,754.
  • The rate increase in 2027 is 7.7%.
  • The rate increase in 2028 is 8.1%.
  • The total rate increase for test year 2026 is $140,558,101.
  • The rate increase is based on the Company's financial performance and the Commission's ratemaking policies.

Sources:

  • BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA In the Matter of the Application of CALIFORNIA WATER SERVICE COMPANY (U-60-W)
  • CERTIFICATE OF SERVICE I hereby certify that I have this day served a copy of this RESPONSE TO ALJ RULING REQUESTING ADDITIONAL INFORMATION on all known parties on the official service list for A.24-07-003 obtained from the CPUC's website and attached hereto.
  • Service Lists PROCEEDING: A2407003