regulatory
confidence high
sentiment positive
materiality 0.70
GWRS subsidiaries reach settlement on rate cases; Santa Cruz to get $2.3M revenue increase
Global Water Resources, Inc.
- GW-Santa Cruz annual revenue increase of ~$2.3M with $63.6M rate base, 9.6% ROE, 55% equity/45% debt.
- New GW-Santa Cruz rates effective Nov 1, 2026; median water user bill +$2.68/month.
- GW-Palo Verde withdraws current rate case, will refile in 2027 using a 2026 test year.
- GW-Palo Verde to seek $0.4M annual temporary bill credit increase until next rate case.
- Settlement unanimous among ACC Staff, RUCO, and subsidiaries; subject to ACC approval.