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California Water Service Receives Approval for Interim Rate Adjustments from California Public Utilities Commission
SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—California Water Service (Cal Water) has been authorized to implement interim rate adjustments for nearly all of its service areas, effective Jan. 1, 2026, as the California Public Utilities Commission (CPUC) continues its review of the utility’s 2024 General Rate Case (GRC) and Infrastructure Improvement Plan. The CPUC’s approval allows Cal Water to temporarily increase rates by 3% in most districts, so that the utility can continu
About this update from California Water Service Group
[{"type":"text","content":"SAN JOSE, Calif., Dec. 29, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—California Water Service (Cal Water) has been authorized to implement interim rate adjustments for nearly all of its service areas, effective Jan. 1, 2026, as the California Public Utilities Commission (CPUC) continues its review of the utility’s 2024 General Rate Case (GRC) and Infrastructure Improvement Plan. The CPUC’s approval allows Cal Water to temporarily increase rates by 3% in most districts, so that the utility can continue making infrastructure investments needed to help provide safe, clean, reliable water to customers.","length":600,"tagName":"p"},{"type":"text","content":"Cal Water, the largest subsidiary of California Water Service Group, filed its triennial, required GRC and Infrastructure Improvement Plan in July 2024. According to the CPUC’s 18-month GRC cycle, any changes in rates determined by the CPUC for the period of 2026 through 2028 were to take effect Jan. 1, 2026.","length":310,"tagName":"p"},{"type":"text","content":"The CPUC may authorize interim rates when a final decision in a regulated utility’s rate case is delayed past the first day new rates would have become effective. Because the proceeding has been delayed through no fault of Cal Water, the CPUC approved the interim rates, as doing so may reduce the compounded effect of delayed recovery. Interim rates are subject to refund or adjustments, depending on the final, approved rates.","length":428,"tagName":"p"},{"type":"text","content":""As we keep affordability for our customers top of mind, we appreciate the CPUC for approving interim rate adjustments while it continues to review our Infrastructure Improvement Plan," said Martin A. Kropelnicki, California Water Service Group Chairman and CEO. "Because delayed rate case decisions can adversely impact customers by requiring higher retroactive recovery surcharges on top of final rate changes, these interim rates will help mitigate those impacts while also enabling us to continue making important infrastructure improvements to help keep the water we deliver safe, clean, and reliable.”","length":622,"tagName":"p"},{"type":"text","content":"About California Water Service GroupCalifornia Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water Service, ...