secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN STATES WATER CO (AWR)
CIK:        0001056903
Form:       8-K
Filed at:   2023-07-06T23:59:59+00:00
Accession:  0001628280-23-024385
Event type: regulatory
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056903/000162828023024385/0001628280-23-024385-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/92116/000162828023024385/awr-20230629.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-024385

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