CPUC proposed decision authorizes $92.3M (2026), $50.8M (2027), $52.4M (2028) revenue increases for Cal Water

CALIFORNIA WATER SERVICE GROUP

The PD authorizes additional revenues of $92.3M (11.1% increase) in 2026, $50.8M (5.5%) in 2027, and $52.4M (5.4%) in 2028.
PD does not authorize decoupling request but reauthorizes Monterey-Style Water Revenue Adjustment Mechanism and water production cost balancing accounts.
Establishes a sales reconciliation mechanism allowing annual adjustments to sales forecasts; approves rate design expected to better recover fixed costs regardless of sales.
The CPUC is expected to adopt a final decision at its April 30, 2026 meeting; written comments due by April 2, 2026.

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