---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-024385"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2023-07-06T23:59:59+00:00"
generated_at: "2026-06-13T11:33:15.010399+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CPUC Adopts Final Decisions in Golden State Water Rate Case and Cost of Capital Proceedings

## Summary
- CPUC final decision sets new water rates for 2022–2024, adopting full settlement with Public Advocates Office.
- GSWC authorized 8.85% ROE, 5.10% cost of debt, 57% equity capital structure, resulting in 7.24% return on rate base for 2022.
- Water Cost of Capital Mechanism triggered for 2023, increasing adopted ROE to 9.36% for 2023 and 2024.
- New 2023 rate increases filed using May 31, 2023 inflationary index values, effective July 31, 2023.
- GSWC will file for recovery of retroactive amounts related to new 2022 and 2023 rates within 90 days of implementation.

## SEC filing metadata
- accession: 0001628280-23-024385
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2023-07-06T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828023024385/0001628280-23-024385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/92116/000162828023024385/awr-20230629.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-024385
- JSON: https://secwatch.observer/filing/0001628280-23-024385.json
- Plain text: https://secwatch.observer/filing/0001628280-23-024385.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.