California Water Service Unit Cal Water Gets Nod for Interim Rate Hike [Yahoo! Finance]
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Yahoo! Finance
Courtesy of the CPUC's interim rate approval, Cal Water will be able to implement a 3% rate increase in the majority of the districts in which it provides services to its customers. A rate hike is essential for this regulated utility, as it can continue investing in essential infrastructure upgrades to ensure the delivery of safe, clean and reliable water to its customers. Interim rates may be refunded or adjusted once the final approved rates are determined by the CPUC. Utility operation is capital-intensive, and the companies operating in this space need to make regular capital investments to upgrade, maintain, strengthen and expand their existing infrastructure. Strengthening infrastructure allows water utilities to cater to the rising demand in their service territories, and the replacement of old infrastructure helps the utilities to avoid accidents and wastage of potable water. The U.S. water and wastewater infrastructure is deteriorating, with water main breaks occurring
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AWK
Earnings
- 10/29/25 - Beat
AWK
Sec Filings
- 12/31/25 - Form 424B3
- 12/31/25 - Form EFFECT
- 12/29/25 - Form S-4/A
- AWK's page on the SEC website