CPUC approves one-year deferral of Golden State Water cost of capital application to May 2026

AMERICAN STATES WATER CO

GSWC's next cost of capital filing deferred to May 1, 2026; effective date moved to Jan 1, 2027.
Current authorized rate of return of 7.93% on rate base remains in effect through Dec 31, 2026.
Authorized return includes 10.06% ROE, 5.1% embedded debt cost, 57% equity / 43% debt capital structure.
Deferral requested jointly by GSWC and three other California investor-owned water utilities in Dec 2024.

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