California Public Utilities Commission Grants California Water Service's Request to Postpone Cost of Capital Application to May 1, 2026
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The California Public Utilities Commission has approved California Water Service's request to delay its Cost of Capital application to May 1, 2026, maintaining its current financial parameters.
January 15, 2025 | 2:00 pm
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California Water Service has been granted a delay in its Cost of Capital application to 2026, maintaining its current return on equity and cost of debt. This provides stability in its financial planning and operations.
The delay in the Cost of Capital application allows CWT to maintain its current financial parameters, providing stability and predictability in its financial operations. This is likely to be viewed positively by investors as it reduces uncertainty.
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