California water service receives approval for interim rate increases effective april 15, 2023

San jose, calif., feb. 15, 2023 (globe newswire) -- california water service (cal water), a subsidiary of california water service group (group) (nyse: cwt), has received a ruling in its general rate case (grc)—pending before the california public utilities commission (cpuc)—that approves modified interim rates effective beginning april 15, 2023. the ruling allows cal water to increase rates by 4% in most of its districts, so that the utility can continue to make infrastructure improvements intended to keep its systems safe and reliable.
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