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California Water's Arm Gets Rate Hike Approval to Boost Stroh's System
CWTCalifornia Water Service(CWT) ZACKS·2025-06-05 14:45

Key Takeaways Washington Water gained UTC approval to boost annual revenues by 178KfortheStroh′ssystem.Thehikewillbephasedinovertwoyears,withthefirsthalfeffectiveimmediatelyandtherestin2026.RevenuehikewillhelprecovertheinvestmentmadeinimprovingtheStroh′ssystem.CaliforniaWaterServiceGroup’s(CWT)subsidiaryWashingtonWaterServicereceivedapprovalfromtheWashingtonUtilitiesandTransportationCommission(“UTC”)toincreaseannualrevenuesbynearly178K for the Stroh's system. The hike will be phased in over two years, with the first half effective immediately and the rest in 2026. Revenue hike will help recover the investment made in improving the Stroh's system.California Water Service Group’s (CWT) subsidiary Washington Water Service received approval from the Washington Utilities and Transportation Commission (“UTC”) to increase annual revenues by nearly 178,000 in ...