secwatch.observer — SEC 8-K summary
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Issuer:     H2O AMERICA (HTO)
CIK:        0000766829
Form:       8-K
Filed at:   2024-08-20T23:59:59+00:00
Accession:  0000766829-24-000087
Event type: regulatory
Sentiment:  positive
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SJW's San Jose Water reaches settlement in 2025-2027 GRC; $450M capital budget approved
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- Settlement with CPUC's Public Advocates Office filed August 19, excludes two policy issues to be litigated.
- $450 million three-year capital budget for drinking water infrastructure approved.
- Recovery of $15.8 million from balancing and memorandum accounts allowed.
- CPUC decision expected Q4 2024; new rates effective January 1, 2025.
- Settlement aligns usage via lower sales forecast and greater service charge revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/766829/000076682924000087/0000766829-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/766829/000076682924000087/sjw-20240820.htm
  HTML page:      https://secwatch.observer/filing/0000766829-24-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer