SJW Group Announces Deferral of San Jose Water Company’s Cost of Capital Filing to May 1, 2026
SJW Group (SJW)
Last sjw group earnings: 2/26 07:39 pm
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US:NYSE Investor Relations:
sjwgroup.com/investor_relations
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Source: GlobeNewswire
9.81% return on equity, maintains 10.01% return on equity prior to 20 basis point reduction related to the Water Conservation Memorandum Account (WCMA) Timing for next cost of capital filing will be May 1, 2026, effective January 1, 2027 Water Cost of Capital Mechanism (WCCM) remains in place until January 1, 2027 SAN JOSE, Calif., Jan. 16, 2025 (GLOBE NEWSWIRE) -- SJW Group (NASDAQ: SJW) announced today that its wholly owned subsidiary, San Jose Water Company, along with three other California water utilities (the “Joint Parties”) received a letter dated January 14, 2025, from the Executive Director of the California Public Utilities Commission (“CPUC”) granting the Joint Parties’ request to defer their scheduled 2025 Cost of Capital (“COC”) filings to May 1, 2026. On December 18, 2024, the Joint Parties filed a request for a one-year postponement of their COC filings otherwise scheduled to be filed on May 1, 2025. Pursuant to the CPUC’s rate case plan, the Join
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