On March 17, 2026, California Water Service Group (CWT) issued a press release regarding the California Public Utilities Commission's (CPUC) proposed decision on the 2024 General Rate Case for its largest subsidiary, California Water Service. The proposed decision authorizes additional revenues of $92.3 million in 2026, representing an 11.1% rate increase, followed by $50.8 million in 2027 (5.5% increase) and $52.4 million in 2028 (5.4% increase). While the proposed decision does not approve the company's request to decouple sales from revenues to promote conservation, it does reauthorize a Monterey-Style Water Revenue Adjustment Mechanism and water production incremental cost balancing accounts. The decision also establishes a sales reconciliation mechanism, allowing the company to adjust sales forecasts annually, and approves a rate design aimed at better recovering fixed costs regardless of water sales. The company plans to submit written comments by April 2, 2026, with oral arguments to be scheduled, and expects a final decision from the CPUC on April 30, 2026, or shortly thereafter.

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