CPUC

California Water Service Group’s First Quarter 2024 Financial Results Benefit from California 2021 General Rate Case Decision

Retrieved on: 
Thursday, April 25, 2024

A decision on the 2021 California General Rate Case and Infrastructure Improvement Plan (2021 GRC) that authorizes implementation of beneficial regulatory mechanisms, increased revenues, and approximately $1.2 billion in infrastructure improvement projects.

Key Points: 
  • A decision on the 2021 California General Rate Case and Infrastructure Improvement Plan (2021 GRC) that authorizes implementation of beneficial regulatory mechanisms, increased revenues, and approximately $1.2 billion in infrastructure improvement projects.
  • Adoption of the 2021 GRC decision increased revenue $111.8 million, including $87.9 million in retroactive interim rate relief related to 2023.
  • As previously announced, on March 7, 2024, the California Public Utilities Commission (CPUC) issued a decision on the 2021 GRC for California Water Service (Cal Water), the largest subsidiary of the Company.
  • Group's utilities Cal Water, Hawaii Water Service (Hawaii Water), New Mexico Water Service (New Mexico Water), and Washington Water Service (Washington Water) have a rigorous, coordinated water quality assurance program, which includes protocols to test and monitor the water they deliver to customers.

California Water Service Group Moving Forward to Install PFAS Treatment Despite CPUC Dismissal of Request to Track Capital Costs in Pre-Approved Memorandum Account

Retrieved on: 
Thursday, April 18, 2024

Formally tracking capital-related costs through a memorandum account is an important early step to aid construction and financial recovery of large-scale infrastructure projects, and Cal Water, Group’s largest subsidiary, intends to reapply to track costs through the regulatory process.

Key Points: 
  • Formally tracking capital-related costs through a memorandum account is an important early step to aid construction and financial recovery of large-scale infrastructure projects, and Cal Water, Group’s largest subsidiary, intends to reapply to track costs through the regulatory process.
  • “Above all, protecting our customers’ health and safety is our highest priority,” said Martin A. Kropelnicki, Group Chairman & CEO.
  • Although utilities must begin monitoring for certain PFAS by 2027 and comply with the MCLs by 2029, Group has already tested most of its active water sources and believes it is well-positioned to treat any water sources needed across its service areas within the compliance timeframe.
  • Additionally, Group has filed lawsuits to hold PFAS manufacturers financially responsible for the costs of testing and treatment, and is pursuing grants where available, to reduce the financial impact on its customers.

SJW Group Announces First Quarter 2024 Financial Results

Retrieved on: 
Friday, April 26, 2024

SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • SJW Group (NYSE: SJW) today reported financial results for the first quarter ended March 31, 2024.
  • Diluted EPS for the quarter ended March 31, 2024 was $0.36, or a 3% decrease compared to $0.37 in the same quarter last year.
  • Operating expenses for the quarter ended March 31, 2024 were $121.5 million, up 8% compared to $112.1 million for the same quarter last year.
  • In the first quarter of 2024, SJW Group invested $69 million in infrastructure and water supply.

Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate Goals

Retrieved on: 
Thursday, April 18, 2024

OAKLAND, Calif. and ROSEMEAD, Calif., April 18, 2024 /PRNewswire/ -- In a joint effort to deliver more clean energy at a lower cost to customers, the California Energy Commission (CEC), California Public Utilities Commission (CPUC), California Independent System Operator (CAISO), Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and the University of California, Berkeley Energy Institute at Haas submitted a grant application for $2 billion to the U.S. Department of Energy's (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program – the largest such application in state history.

Key Points: 
  • "These promising innovations can help lower costs for Californians through greater efficiency that lets us get more out of our shared system."
  • "This project will help California take aggressive action against climate change, drive economic growth and make costs more affordable for customers."
  • The grant also would fund technology and process improvements to enhance renewable energy interconnection, adding more clean energy to serve customers and help meet the state's bold clean energy goals.
  • Programs would also support mid-career changes, and training developed with unions to help fuel economic development in the state.

SoCalGas Hosts U.S. Department of Energy's Second Annual Minority Business Summit, Emphasizing the Importance of Diverse Spending

Retrieved on: 
Thursday, April 18, 2024

LOS ANGELES, April 18, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) is hosting 700 diverse business leaders from 33 states at the U.S. Department of Energy (DOE) Office of Energy Justice and Equity's second annual Minority Business Enterprise (MBE) Connect Summit on April 17-18, 2024, at the company's Energy Resource Center (ERC) in Downey, California. The summit, being held for the first time on the West Coast, connects MBEs with the DOE and more than 40 other state and federal agencies, prime government contractors, financial institutions, private sector companies and nonprofit organizations for learning, business opportunities and over 1,900 unique business matchmaking sessions.

Key Points: 
  • Connect Summit participants will attend panels, workshops and matchmaking meetings designed to create new business relationships between MBEs and the U.S. Department of Energy.
  • The DOE selected SoCalGas to host the summit because of the company's leadership in diverse spending through its long-recognized Supplier Diversity Program.
  • The MBE Connect Summit includes the U.S. Department of Commerce's Los Angeles Minority Business Development Agency Center, managed by the Pacific Asian Consortium in Employment (PACE).
  • Sponsors include Primoris Service Corporation, Los Angeles Department of Water and Power, Hal Hayes Construction Inc., and E2 Consulting Engineers Inc.

TEAMSTERS ADVOCACY LEADS TO PASSAGE OF AV BILL IN CALIFORNIA SENATE COMMITTEE

Retrieved on: 
Wednesday, April 17, 2024

SACRAMENTO, Calif., April 17, 2024 /PRNewswire/ -- California Senate Bill 915 (SB 915), a Teamsters-supported bill that will allow the state's local governments to regulate autonomous vehicles (AVs), passed overwhelmingly today in the State Senate Local Government Committee.

Key Points: 
  • "The Teamsters commend the Senators on the Local Government Committee who supported this bill to protect public safety and good union jobs," said Chris Griswold, Teamsters International Vice President At-Large and President of Teamsters Joint Council 42.
  • "Under current California law, state agencies are the only regulatory bodies with any regulatory authority over AV operations.
  • The Teamsters are calling on all elected leaders to join the Senate Committee, protect Californians, and pass SB 915."
  • Despite this, the California Public Utilities Commission (CPUC) and the Department of Motor Vehicles have refused to implement significant AV safety measures .

California American Water Celebrates Spending More Than 50% of Procurement Budget With Diverse Businesses

Retrieved on: 
Tuesday, March 19, 2024

California American Water is proud to announce the release of its annual Supplier Diversity Report, "Celebrating the Beauty of Diversity," to the California Public Utilities Commission (CPUC).

Key Points: 
  • California American Water is proud to announce the release of its annual Supplier Diversity Report, "Celebrating the Beauty of Diversity," to the California Public Utilities Commission (CPUC).
  • “We are thrilled to share another outstanding year for Supplier Diversity at California American Water,” said Kevin Tilden, President of California American Water.
  • Thanks to the dedication of the company's leadership, supplier diversity team, and employees, California American Water achieved a $68.7 million spend with diverse businesses.
  • “Supplier diversity is not just a principle – it's woven into the fabric of California American Water,” said Mary Lou Ruiz, Supplier Diversity Manager at California American Water.

Greenhouse Gas Emissions Are Dropping in Key Sectors, but California Still Not on Pace to Achieve 2030 Climate Goal as Emissions Rebound Following Lockdown

Retrieved on: 
Thursday, March 14, 2024

If you look at the trajectory since 2010, California won’t meet our 2030 climate goal until 2047.

Key Points: 
  • If you look at the trajectory since 2010, California won’t meet our 2030 climate goal until 2047.
  • But overall, greenhouse gas emissions from passenger cars, heavy-duty trucks, and other vehicles were more than 10% lower in 2021 compared to 2019.
  • California’s cement plants account for two percent of total statewide carbon emissions and almost 10 percent of industrial emissions.
  • Despite light-duty vehicles emissions increasing 10.6% (+10.0 MMTCO2e) from 2020 to 2021, overall transportation emissions are trending downward in California.

TEAMSTERS COMMEND CITY OF SAN FRANCISCO ON RESOLUTION FOR AV LOCAL CONTROL BILL SB 915

Retrieved on: 
Thursday, March 14, 2024

SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- The Teamsters Union applauds the City of San Francisco for passing a resolution in support of Senate Bill 915 (SB 915), legislation with strong bipartisan support that will allow California's local governments to regulate autonomous vehicles (AVs). SB 915 was introduced on January 9, 2024 by State Sen. Dave Cortese (D - San Jose). 

Key Points: 
  • SAN FRANCISCO, March 14, 2024 /PRNewswire/ -- The Teamsters Union applauds the City of San Francisco for passing a resolution in support of Senate Bill 915 (SB 915), legislation with strong bipartisan support that will allow California's local governments to regulate autonomous vehicles (AVs).
  • SB 915 was introduced on January 9, 2024 by State Sen. Dave Cortese (D - San Jose).
  • "The Teamsters commend the City of San Francisco for passing this important resolution to prioritize public safety," said Peter Finn, Teamsters Joint Council 7 President.
  • The move by San Francisco leaders is particularly significant because the city has been ground zero in the fight to regulate driverless vehicles.

SDG&E'S SUPPLY CHAIN BOOSTS ECONOMY BY $2.6 BILLION IN 2023

Retrieved on: 
Wednesday, March 13, 2024

SAN DIEGO, March 13, 2024 /PRNewswire/ -- San Diego Gas & Electric's (SDG&E) procurement program generated $2.59 billion in direct economic impact in 2023, contracting with more than 2,000 businesses for goods and services to deliver on the company's mission to serve the 3.7 million people in its service area with increasingly clean, safe and reliable energy infrastructure.

Key Points: 
  • Nearly 600, or a third of the suppliers who did business with SDG&E in 2023, were diverse businesses.
  • In 2023, SDG&E's spending with diverse businesses reached $450.6 million in San Diego County and $950.7 million in California.
  • For the 19th consecutive year, SDG&E has not only met but surpassed the CPUC's supplier diversity goal.
  • Since launching its supplier diversity program in the 1980s, SDG&E has helped many small businesses grow into primes.