California Water Service(US:CWT) Globenewswireยท2025-09-30 20:15Core Viewpoint - California Water Service Group's subsidiary, Washington Water Service, has requested a water rate increase of $14.9 million to cover costs related to system improvements and rising operational expenses over the past two years [1][2]. Summary by Sections Rate Increase Request - Washington Water Service has filed a request with the Washington Utilities and Transportation Commission to increase water rates by $14.9 million [1]. - The proposed increase is aimed at recovering costs associated with improvements and maintenance of local water systems, as well as increased operational expenses [1][2]. Investment Details - Major investments include the installation of water mains across various systems, treatment facilities for contaminants, and upgrades to booster pump stations [7]. - Specific projects include: - 1,000 feet of water main in Minterbrook, 700 feet in Sunshine Acres, and 2,500 feet in Ranch Acres Shores [7]. - Treatment facilities to remove lead, copper, arsenic, iron, and manganese in different systems [7]. Operational Costs - The rate increase accounts for higher operating expenses, including material and equipment costs, depreciation from new facilities, and increased labor costs [2]. - Additional costs are related to compliance with new federal regulations regarding PFAS testing [2]. Commitment to Service - The company emphasizes its commitment to providing safe, clean, and reliable water at affordable rates while managing expenses amid rising costs and stringent regulations [3]. - If approved, the new rates could take effect as early as November 15, 2025 [3]. Company Overview - California Water Service Group is the largest regulated water utility in the western United States, serving over 2.1 million people across multiple states [4]. - The company focuses on enhancing the quality of life for customers and communities through responsible investments in water infrastructure and sustainability initiatives [5].