---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-051882"
form_type: "8-K"
ticker: "AWR"
cik: "0001056903"
company_name: "AMERICAN STATES WATER CO"
filed_at: "2024-12-18T23:59:59+00:00"
generated_at: "2026-05-29T01:55:09.749952+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPUC proposed decision approves BVES rate case settlement for 2023-2026; vote Jan 16

## Summary
- Proposed decision adopts revenue requirements for BVES for 2023-2026; voting by CPUC scheduled for Jan 16, 2025.
- New rates retroactive to Jan 1, 2023; 2023 full-year and part-2024 impact expected in Q4 2024 results.
- Settlement authorizes $75.6M in capital infrastructure over four-year cycle, including $23.1M for future recovery projects.
- Adopts 10.0% ROE, 5.51% cost of debt, and 57% equity / 43% debt capital structure.
- Wildfire mitigation costs currently not in rates approved for recovery; joint motion with CPUC Public Advocates Office.

## SEC filing metadata
- accession: 0001628280-24-051882
- form_type: 8-K
- ticker: AWR
- cik: 0001056903
- company_name: AMERICAN STATES WATER CO
- filed_at: 2024-12-18T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056903/000162828024051882/0001628280-24-051882-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056903/000162828024051882/awr-20241212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-051882
- JSON: https://secwatch.observer/filing/0001628280-24-051882.json
- Plain text: https://secwatch.observer/filing/0001628280-24-051882.txt

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