California water service group subsidiary files plan to invest $1.6 billion in its california water systems in upcoming three years, proposes program to decouple revenue from water sales

San jose, calif., july 09, 2024 (globe newswire) -- to continue providing safe, clean, reliable tap water to customers across the communities it serves, california water service (cal water)—the largest subsidiary of california water service group (nyse: cwt)—yesterday submitted infrastructure improvement plans for its california districts from 2025-2027 in its general rate case (grc) filing with the california public utilities commission (cpuc). the application also proposes a low-use water equity program, which would decouple revenue from water sales, to assist low-water-using, lower-income customers.
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