AMERICAN STATES WATER COMPANY (AWR) Files An 8-K Other EventsItem 8.01. Other Events
American States Water Company (NYSE:AWR) announced that on November 10, 2016, the presiding administrative law judge issued a proposed decision (“PD”) in the general rate case of AWR’s regulated subsidiary, Golden State Water Company (“GSWC”). In 2014, GSWC had filed a general rate case for all of its water regions and the general office to determine new rates for the years 2016-2018. The PD and its respective attachments can be found on the California Public Utilities Commission (“CPUC”) website at www.cpuc.ca.gov. GSWC is in the process of reviewing the PD and will be providing written comments to the CPUC by the end of November. Oral arguments are then expected to take place in early December. A final CPUC decision on this rate case is expected in December of 2016 or the first quarter of 2017. When finalized, new rates will be retroactive to January 1, 2016.
This Form 8-K is furnished to, but not filed with, the Securities and Exchange Commission.
About AMERICAN STATES WATER COMPANY (AWR)
American States Water Company (AWR) is a holding company. The Company is the parent company of Golden State Water Company (GSWC) and American States Utility Services, Inc. (ASUS), as well as various subsidiaries of ASUS. The Company’s segments include water, electric and contracted services. Within the segments, AWR has two principal business units, water and electric service utility operations, conducted through GSWC, and contracted services conducted through ASUS and its subsidiaries. GSWC is a public utility engaged principally in the purchase, production, distribution and sale of water in approximately 10 counties in the State of California. GSWC also distributes electricity in various San Bernardino County mountain communities in California through its Bear Valley Electric Service division. ASUS operates, maintains and performs construction activities, including renewal and replacement capital work, on water and/or wastewater systems at various United States military bases. AMERICAN STATES WATER COMPANY (AWR) Recent Trading Information
AMERICAN STATES WATER COMPANY (AWR) closed its last trading session up +0.51 at 41.96 with 184,188 shares trading hands.