H2O America Announces Deferral of San Jose Water Company’s Cost of Capital Filing to May 1, 2027
H2O America (HTO)
Company Research
Source: GlobeNewswire
Upholds San Jose Water’s current 9.81% allowed return on equity (ROE), which is the CPUC-approved 10.01% base ROE prior to a 20-basis-point reduction related to the Water Conservation Memorandum Account (WCMA)Timing for next cost of capital filing will be May 1, 2027, effective Jan. 1, 2028Water Cost of Capital Mechanism (WCCM) remains in place until Jan. 1, 2028 SAN JOSE, Calif., Nov. 19, 2025 (GLOBE NEWSWIRE) -- H2O America (NASDAQ: HTO) announced today that its wholly owned subsidiary, San Jose Water Company, along with three other California water utilities (the “Joint Parties”) received a letter dated Nov. 18, 2025, from the Executive Director of the California Public Utilities Commission (“CPUC”) granting the Joint Parties’ request to defer their scheduled 2026 Cost of Capital (“COC”) filings to May 1, 2027. On Nov. 10, 2025, the Joint Parties filed a request for a one-year postponement of their COC filings otherwise scheduled to be filed on May 1, 2026. Pursuant to the CPUC
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