American States Water Company Announces CPUC's Approval to Defer the Cost of Capital Application at Golden State Water Company
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American States Water Company announced that the California Public Utilities Commission approved a request to defer the cost of capital application for its subsidiary, Golden State Water Company, by one year.
January 21, 2025 | 2:15 pm
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The California Public Utilities Commission has approved the deferral of the cost of capital application for American States Water Company's subsidiary, Golden State Water Company, by one year.
The deferral of the cost of capital application is a positive regulatory development for American States Water Company, as it provides more time for financial planning and potentially favorable conditions. This news is likely to have a positive short-term impact on AWR's stock price.
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