Global Water Resources Files Settlement Agreement in Farmers Water Rate Case

Core Viewpoint - Global Water Resources, Inc. has reached a unanimous settlement regarding its general rate case application for GW-Farmers, which is expected to enhance utility services and provide a revenue increase of approximately $1.1 million annually if approved [1][2][3]. Group 1: Rate Case and Financial Impact - This is the first rate case submitted for GW-Farmers since its acquisition by Global Water in 2023 [2]. - The proposed new rates are based on 2023 test-year service connections and will be implemented in three stages: 50$3 million, allowing Global Water to recover this investment in a future rate case [3]. Group 2: Regulatory Process - A hearing before an Administrative Law Judge is the next step, which will lead to a Recommended Opinion and Order for the Commission's consideration [4]. Group 3: Company Overview - Global Water Resources, Inc. operates 32 systems providing water, wastewater, and recycled water services, primarily in growth corridors around metropolitan Phoenix [5]. - The company recycles over 1 billion gallons of water annually, totaling 17.4 billion gallons since 2004 [5]. - Global Water has been recognized for its effective implementation of Total Water Management (TWM), which integrates water cycle management to maximize the beneficial use of recycled water [6]. Group 4: Industry Recognition - The company has received numerous awards, including national recognition as a 'Utility of the Future Today' for superior water reuse practices [7].