CPUC final decision grants Cal Water $90.5M revenue increase in 2026 and authorizes $1.45B infrastructure investment

CALIFORNIA WATER SERVICE GROUP

Company-wide revenue increase of $90.5M (10.9%) in 2026, $43.2M (4.7%) in 2027, $48.9M (5.1%) in 2028.
Authorized $1.45B in capital investment from 2024-2027 for water quality, pipes, backups, cybersecurity, and supply.
New sales reconciliation mechanism allows annual sales forecast adjustments; Monterey-style revenue adjustment renewed.
Rates effective July 1, 2026, concluding nearly two-year CPUC review process.
Decision provides financial stability while supporting affordability for low-income customers.

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