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Dec 31, 2024
Cal Water Q4 2024 Earnings Report
California Water Service Group reported results for Q4 2024 and full year 2024.
Key Takeaways
California Water Service Group reported strong operational and financial performance in 2024, with a key milestone being the filing of the 2024 California GRC, which includes investments to provide a safe and sustainable water supply to customers.
Filed the 2024 California GRC, including investments for a safe and sustainable water supply.
Increased cash position to $95.7 million from $85.0 million in 2023.
Cal Water issued $125.0 million in aggregate principal amount of its 5.22% First Mortgage Bonds due Oct. 22, 2054.
Group capital investments during the 12-month period ended Dec. 31, 2024, increased to a record total of $471.0 million, up 23% over the same period last year.
Cal Water
Cal Water
Forward Guidance
As we enter 2025, we’re focused on working together with the CPUC to advance this rate case to a timely decision