News Release: California Public Utilities Commission issues decision on Cal Water’s 2018 general rate case
The California Public Utilities Commission authorized Cal Water to invest $828 million in its districts through 2021 in order to continue providing safe, reliable water service to its customers throughout California. This includes $148 million of water system infrastructure upgrades that would be recovered via the CPUC’s advice letter procedure after those projects are completed. The decision authorizes Cal Water to increase total adopted revenue company-wide by approximately $4.4 million in 2020, which will be collected beginning in 2021, and up to $20.9 million in 2021 and $21.4 million in 2022, subject to the CPUC’s escalation earnings test. Additionally, Cal Water could increase revenue up to $17.3 million when the advice letter projects are completed. Rate changes will vary by service area.