California Water Service Receives CPUC Approval to Acquire Palm Mutual Water Company SAN JOSE, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) -- In another step toward providing safe, reliable water to Palm Mutual Water company (Palm Mutual) customers long-term, California Water Service (Cal Water) has received California Public Utilities Commission (CPUC) approval of its pending acquisition of Palm Mutual. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT). Palm Mutual, located two miles from Cal Water’s Northeast Bakersfield Treatment Plant, currently serves 63 r...
California Water Service Group Marks Half a Decade as One of “America’s Most Responsible Companies” by Newsweek SAN JOSE, Calif., Dec. 04, 2025 (GLOBE NEWSWIRE) -- For the fifth consecutive year, Newsweek has named California Water Service Group (Group) (NYSE: CWT) one of “America’s Most Responsible Companies.” Newsweek and Statista Inc., a leading statistics portal and industry ranking provider, honored Group with the 2026 designation for the utility’s ongoing commitment to sustainability and corporate citizenship. Group was one of four investor-owned water utilities ranked in the Energ...
Hawaii Water Service Proposes First Rate Adjustment for Kapalua since 2021; Reflects Investments Made to Help Improve Reliability and Maintain Safe Utility Service WAIKOLOA, Hawaii, Nov. 20, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) has filed a request with the Hawaii Public Utilities Commission (PUC) to increase water and sewer rates in its Kapalua water and wastewater systems for the first time since acquiring the systems in 2021. The request seeks to increase revenues by $2.2 million to recover increases in purcha...
California Public Utilities Commission Grants California Water Service’s Request to Postpone Cost of Capital Application to May 1, 2027 SAN JOSE, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—The California Public Utilities Commission (CPUC) has granted the request of California Water Service (Cal Water) and three other utilities to postpone their Cost of Capital applications from May 1, 2026, to May 1, 2027. The decision effectively maintains a 10.27% return on equity (ROE) and 4.23% cost of debt for Cal Water, with a capital structure of 53.40% common equity and 46.60% long-term...
Leading Water Utility California Water Service Group Reports Strong Third Quarter 2025 Results SAN JOSE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported strong financial results for the third quarter 2025. Financial highlights included: Net income of $61.2 million in Q3 2025 and diluted EPS of $1.03, consistent with net income and diluted EPS reported in Q3 2024.$135.2 million invested in water system infrastructure...
California Water Service Group Board of Directors Declares 323rd Consecutive Quarterly Dividend SAN JOSE, Calif., Oct. 29, 2025 (GLOBE NEWSWIRE) -- At its meeting on October 29, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors declared the Company’s 323rd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on November 21, 2025, to stockholders of record as of the close of business on November 10, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regu...
California Water Service Completes West Goshen Consolidation to Provide Safe, Clean Water to Disadvantaged Community Support for Private Well Users Made Possible Due to Grant Funding, Partnership with Department of Water Resources, Community Water Center, and Tulare County SAN JOSE, Calif., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Forty-four residences struggling with failing private wells in the disadvantaged community of West Goshen now have access to safe, clean, reliable drinking water, as California Water Service (Cal Water) completed connecting its water system to the homes. This consoli...
California Water Service Group Earns Designation as One of “America’s Greenest Companies” by Newsweek for Second Consecutive Year SAN JOSE, Calif., Oct. 23, 2025 (GLOBE NEWSWIRE) -- For its ongoing commitment to enhancing sustainability of its operations, California Water Service Group (Group) (NYSE: CWT) has been named one of “America’s Greenest Companies” by Newsweek for the second year in a row. California Water Service Group was one of three companies recognized in the utilities category, and one of only two water utilities honored in the United States. Across all categories, Newswee...
Hawaii Public Utilities Commission Sets New Rates for Hawaii Water Service’s Waikoloa Systems to Help Keep Utility Service Safe and Reliable WAIKOLOA, Hawaii, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Hawaii Water Service (Hawaii Water), a subsidiary of California Water Service Group (NYSE: CWT), has received approval from the Hawaii Public Utilities Commission (HPUC) to increase annual revenue by $4.7 million across the five systems that make up its Waikoloa service area, and to adjust water and wastewater rates accordingly. This increase in annual revenue is necessary to account for investments...
California Water Service Group Schedules 2025 Third-Quarter Earnings Results Announcement and Conference Call SAN JOSE, Calif., Oct. 09, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2025 third-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, October 30, 2025. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 2071195, or you may access the live audio web...
California Water Service Group Sells $170 Million of Senior Unsecured Notes and California Water Service Company Sells $200 Million of First Mortgage Bonds SAN JOSE, Calif., Oct. 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group, NYSE: CWT) today announced today the sale of $170,000,000 in aggregate principal amount of Senior Unsecured Notes (the Notes) by Group and $200,000,000 in aggregate principal amount of First Mortgage Bonds (the Bonds) by California Water Service Company (Cal Water), a wholly owned subsidiary of Group, in private placement transactions. The Note...
Washington Water Service Proposes Rate Adjustment for Investments Made in Local Systems to Help Maintain Safe and Reliable Service GIG HARBOR, Wash., Sept. 30, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) subsidiary Washington Water Service (Washington Water) has filed a request with the Washington Utilities and Transportation Commission (UTC) to increase water rates to recover $14.9 million in costs it has incurred to fund the improvement and maintenance of its local water systems as well as increased expenses over the last two years. Some of the major investments...
California Water Service Opens 2025 Firefighter Grant Program Fire Departments in Cal Water’s Local Service Areas Can Apply for Funding for Life-Saving Equipment, Projects SAN JOSE, Calif., Sept. 29, 2025 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) opened its seventh annual Firefighter Grant Program today to fire departments in its districts, as part of its ongoing commitment to—and partnership with—local first responders. Professional and volunteer fire departments that serve any part of Cal Water’s service areas are eligible to apply for funding that will offset costs for...
California Water Service Group Earns “World’s Most Trustworthy Companies” Designation by Newsweek for Third Consecutive Year SAN JOSE, Calif., Sept. 03, 2025 (GLOBE NEWSWIRE) -- In recognition of the utility’s commitment to “always do the right thing,” Newsweek today named California Water Service Group (NYSE: CWT) one of the “World’s Most Trustworthy Companies.” This is the third year in a row California Water Service Group has earned this designation, which comes six months after receiving the nod as one of “America’s Most Trustworthy Companies” for 2025. Newsweek and Statista Inc., a ...
California Water Service Increases Rebates on Water-Efficient Devices to Encourage Customers to Save Water Every Day SAN JOSE, Calif., Sept. 02, 2025 (GLOBE NEWSWIRE) -- To help encourage its customers to save more water, California Water Service (Cal Water) has increased the value of conservation rebates available for purchases of popular indoor and outdoor conservation-related products. For a limited time, customers can get increased rebates on a range of products, from high-efficiency clothes washers to low-water-use landscaping. Rebates with increased incentives include: Residential...
California Water Service Group Earns Great Place To Work Certification™ for Tenth Consecutive Year SAN JOSE, Calif., Aug. 20, 2025 (GLOBE NEWSWIRE) -- Great Place To Work® has again certified California Water Service Group (NYSE: CWT) for 2025, marking a decade that the company has held this distinction. The award—which includes both a Culture Audit© and a Trust Index©—is based entirely on current, full-time employees’ feedback about the company’s culture and their experience working at the company. Beyond its comprehensive benefits package and existing employee wellness and incentive pr...
California Water Service Group Reports Second Quarter 2025 Results SAN JOSE, Calif., July 31, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group or Company, NYSE: CWT), a leading publicly traded water utility serving California, Hawaii, New Mexico, Washington, and Texas, today reported financial results for the second quarter 2025. Financial highlights included: Net income of $42.2 million or diluted earnings per share of $0.71 in Q2 2025; net income of $55.5 million or $0.93 per diluted share year-to-date (YTD) in 2025$119.4 million invested in water...
California Water Service Group Board of Directors Declares 322nd Consecutive Quarterly Dividend SAN JOSE, Calif., July 30, 2025 (GLOBE NEWSWIRE) -- At its meeting on July 30, 2025, the California Water Service Group (NYSE: CWT) (Company) Board of Directors declared the Company’s 322nd consecutive quarterly dividend in the amount of $0.30 per common share. The quarterly dividend will be payable on August 22, 2025, to stockholders of record as of the close of business on August 11, 2025. About California Water Service GroupCalifornia Water Service Group is the parent company of regulated ...
California Water Service Partners with EDP Renewables North America on 20-Year Solar Power Agreement Power Purchase Agreement Expected to Generate 3,800 Megawatt-Hours Annually for Bakersfield Treatment Plant SAN JOSE, Calif., July 23, 2025 (GLOBE NEWSWIRE) -- (NYSE: CWT)—As part of its mission to provide sustainable water utility services, California Water Service (Cal Water) has signed a 20-year power purchase agreement with EDPR NA Distributed Generation LLC (EDPR NA DG) for a 2.35-megawatt direct current (MWdc) / 1.75-megawatt alternating current (MWac) solar photovoltaic array to ...
California Water Service Group Awards $80,000 in Scholarships to 13 Students Set on Improving Their Communities SAN JOSE, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Thirteen rising stars from California, Hawaii, New Mexico, and Washington who have chosen higher education to better themselves and their communities have been awarded a total of $80,000 in scholarships as part of California Water Service Group’s Scholarship Program for the 2025-26 academic year. To date, Group has provided $839,000 in scholarships as part of its commitment to enhance the quality of life for those it serves. “...
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