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0 0 0 0 0.00040556982560499 0.00567797755846967 0.0102744355819928 0.015344058402055
Stock impact report

Golden State Water Company Receives CPUC Approval for 2026 Water Revenue Increases [Yahoo! Finance]

American States Water Company (AWR) 
Last american states water company earnings: 2/24 04:45 pm Check Earnings Report
Company Research Source: Yahoo! Finance
subsidiary, Golden State Water Company (GSWC), received approval from the California Public Utilities Commission (CPUC) of its full second-year rate increases that will result in higher adopted water revenue less water supply cost for 2026 of approximately $32.0 million compared to 2025's adopted levels. This is effective January 1, 2026. GSWC's current rate cycle covers the years 2025 – 2027. GSWC has an earnings test it has to meet in each of its rate-making areas before implementing the second and third year step increases, which it was able to achieve for its new rates in 2026. Included in this increase is nearly $11.0 million related to those capital projects that were agreed to in settlement to be treated as advice letter projects rather than including them in base rates effective January 1, 2025. Under the settlement agreement approved in the latest water general rate case, all of these advice letter projects were allowed to accrue in a memorandum account (i) interest during Show less Read more
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