San Jose Water Has Reached A Constructive Settlement Agreement In Its 2025 To 2027 General Rate Case That Was Filed With The California Public Utilities Commission On January 2, 2024; Provides $450M In Drinking Water Infrastructure Investment Over 3-Years; Approves The Recovery Of $15.8M From Balancing And Memorandum Accounts
Constructive agreement provides for $450 million in drinking water infrastructure investment over three-years.
San Jose Water (SJW), a wholly-owned subsidiary of SJW Group (NYSE:SJW), today announced that, together with the Public Advocates Office (PAO), it has reached a constructive settlement agreement in its 2025 to 2027 General Rate Case (GRC) that was filed with the California Public Utilities Commission (CPUC) on January 2, 2024. The settlement agreement, filed on August 19, 2024 with the CPUC for its approval, excludes two policy issues which will be litigated via briefs filed on August 1, 2024.