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Stock impact report

San Jose Water Receives CPUC Approval for Smart Meter Technology

SJW Group (DE) (SJW) 
Last sjw group (de) earnings: 2/26 07:39 pm Check Earnings Report
US:NYSE Investor Relations: sjwgroup.com/investor_relations
Company Research Source: Business Wire
Will help reduce greenhouse gas emissionsPuts near real-time data into customers’ hands to manage water usageFour-year deployment SAN JOSE, Calif.--(BUSINESS WIRE)--San Jose Water (“SJW” or “the Company”), a wholly-owned subsidiary of SJW Group (NYSE: SJW), announced today that the California Public Utilities Commission (CPUC) has approved its request to deploy Advanced Metering Infrastructure, more commonly known as AMI or smart meters. The Company will be investing approximately $100 million over the next four years in this technology, which supports customer service and environmental goals.“We appreciate the CPUC’s approval of our AMI request, which will enhance the customer experience by giving customers greater control over their water usage and water bills. Smart meters support SJW’s commitment to preserving and protecting the environment by helping to detect and stop leaks quickly, respond to climate change impact, and reduce carbon emissions. This technology will help us ef Show less Read more
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