News & Videos - CALIFORNIA WATER SERVICE GROUP

SAN JOSE, Calif., April 24, 2024 (GLOBE NEWSWIRE) -- At its meeting on April 24, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 317th consecutive quarterly dividend in the amount of $0.28 per common share. It will be payable on May 17, 2024 to stockholders of record as of the close of business on May 6, 2024. California Water Service Group is the parent company of regulated utilities California Water Service, Hawaii Water Service, New Mexico Water...

SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) reaffirmed its commitment to investing an estimated $215 million in PFAS treatment and to working as quickly as possible to complete planned projects, despite a decision today by the California Public Utilities Commission to dismiss California Water Service’s (Cal Water’s) application requesting authorization to modify a previously approved PFAS-expense memorandum account to include...

SAN JOSE, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) confirmed today that its water systems will meet the new state maximum contaminant level (MCL) of 10 parts per billion (ppb) for chromium-6, which was adopted today by the State Water Resources Control Board. Cal Water developed and installed treatment for the contaminant in its impacted water systems in Dixon, Oak Hills (Salinas), Las Lomas (Salinas), and Willows when the same chromium-6 MCL, which was...

SAN JOSE, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- Following the U.S. Environmental Protection Agency’s (EPA) adoption of a new National Primary Drinking Water Regulation for certain per- and polyfluoroalkyl substances (PFAS) today (new PFAS regulation), California Water Service Group (Group) (NYSE: CWT) confirmed that it believes its subsidiaries are well positioned to treat potentially impacted water sources and to meet the EPA’s five-year compliance timeline. Under the new PFAS...

SAN JOSE, Calif., April 09, 2024 (GLOBE NEWSWIRE) -- With financial impacts of COVID-19 felt by California Water Service (Cal Water) customers well past the height of the pandemic, Cal Water applied for and has received more than $83.0 million through the California Extended Water and Wastewater Arrearage Payment Program (Extended Program) to relieve residential and commercial customers of past-due balances incurred during the pandemic. The Extended Program, administered by the State Water...

SAN JOSE, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2024 first quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, April 25, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 8751121, or you may access the live audio webcast at...

SAN JOSE, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) announced today that it has earned a spot on Newsweek magazine’s 2024 list of “America’s Most Trustworthy Companies” for the second consecutive year. Newsweek compiles the list with Statista Inc., a leading statistics portal and industry ranking provider. Group ranked second among water utilities nationwide, based on feedback and analysis regarding trust among customers, employees, and...

SAN JOSE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) today announced its commitment to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 63% by 2035 from a 2021 base year, a target which is science-aligned and supports limiting global temperature increases to 1.5-degree Celsius above preindustrial levels. According to Chairman, President & Chief Executive Officer Martin A. Kropelnicki, Group took a thoughtful, data-driven...

SAN JOSE, Calif., March 11, 2024 (GLOBE NEWSWIRE) -- The California Public Utilities Commission (CPUC) issued a decision on March 7, 2024 on the 2021 General Rate Case and Infrastructure Improvement Plan for California Water Service (Cal Water), the largest subsidiary of California Water Service Group (NYSE: CWT). The decision marks the end of an extensive review of the utility’s water system improvement plans, costs, and rates. The decision adopts a revised version of the alternate proposed...

SAN JOSE, Calif., Feb. 29, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (“Company” or “CWT”) today announced 2023 full year net income attributable to CWT of $51.9 million and diluted earnings per share of $0.91 for 2023, as compared to net income attributable to CWT of $96.0 million and diluted earnings per share of $1.77 for 2022. The $44.1 million decrease in net income was primarily due to the delayed final decision from the California Public Utilities...

SAN JOSE, Calif., Feb. 08, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) today announced that its 2023 full-year and fourth-quarter earnings results will be released at 9:00 a.m. ET with its earnings conference call to follow at 11:00 a.m. ET on Thursday, February 29, 2024. All stockholders and interested investors are invited to attend the conference call. To attend, please dial 1-800-715-9871 or 1-646-307-1963 and key in ID# 4241548, or you may access the live audio...

SAN JOSE, Calif., Jan. 31, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) contributed $1.56 million in 2023 to charitable organizations and first responders in its communities, just one of the many ways it demonstrates its commitment to enhancing the quality of life for those it serves. Last year, Group allocated 22% of its community giving efforts to support at-risk, underserved, and disadvantaged communities. An additional 22% went to community improvement efforts...

SAN JOSE, Calif., Jan. 26, 2024 (GLOBE NEWSWIRE) -- On January 24, 2024, the California Public Utilities Commission (CPUC) Administrative Law Judges assigned to California Water Service’s (Cal Water) 2021 General Rate Case issued a proposed decision; the assigned Commissioner issued an alternate proposed decision. Cal Water is currently reviewing both the proposed decision and the alternate proposed decision. The decisions are available on the CPUC’s website at...

The following replaces the release issued at 5:28PM Eastern Time on January 25, 2024. SAN JOSE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- At its meeting on January 25, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12. This represents the company’s 57th consecutive annual dividend increase. The quarterly dividend of $0.28 per common share will...

SAN JOSE, Calif., Jan. 25, 2024 (GLOBE NEWSWIRE) -- At its meeting on January 25, 2024, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 316th consecutive quarterly dividend, increasing the annual dividend by $0.08, or 7.7% from $1.04 to $1.12. This represents the company’s 57th consecutive annual dividend increase. The quarterly dividend of $0.26 per common share will be payable on February 23, 2024 to stockholders of record as of the close of business...

SAN JOSE, Calif., Jan. 16, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (Group) (NYSE: CWT) is now accepting applications for its 11th annual College Scholarship Program cycle, one of the ways that the utility demonstrates its commitment to improving the lives of those it serves. Residents living in areas served by its California, Hawaii, New Mexico, and Washington subsidiaries are encouraged to apply for part of the $80,000 in award money. Four $10,000 scholarships will be awarded,...

SAN JOSE, Calif., Jan. 11, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), which has provided water utility service to the majority of Willows, Calif. since 1927, recently acquired the municipal water system assets of the City of Willows (Willows or City), which served the remainder of the city. The purchase, completed in late December 2023, was aided by California Assembly Bills 2339 and 850. In 2018, the state enacted AB 2339, authored by Assemblymember Mike Gipson (D-Carson);...

SAN JOSE, Calif., Jan. 04, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE : CWT) today announced that after conducting an extensive, nation-wide search, it has selected James P. Lynch to join the company as Senior Vice President, Chief Financial Officer and Treasurer, effective January 3, 2024. He succeeds interim Vice President, Chief Financial Officer, and Treasurer David B. Healey. Mr. Healey will serve as Principal Financial Officer on an interim basis, ensuring a smooth...

SAN JOSE, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) -- California Water Service (Cal Water), in partnership with DoGoodery, has launched its 10th annual youth water conservation education program. This year, the program returns under a new name, Tap Into Learning , with multiple opportunities for students, classrooms, and school-based clubs in Cal Water service areas to engage in activities around caring for water. Returning opportunities include the art competition, rebranded “A Splash of...

SAN JOSE, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) -- California Water Service Group (NYSE: CWT) (Group) today announced the promotions of Michael S. Mares to Senior Vice President, Operations; Shannon C. Dean to Senior Vice President, Customer Service & Chief Sustainability Officer; Shawn C. Bunting to Senior Vice President, General Counsel & Business Development; and Sophie M. James to Vice President, Water Quality & Environmental Affairs, effective January 1, 2024. In their roles, Mares will...