finance.yahoo.com

Washington Water Gets Approval for Rate Hike to Fund Infrastructure

California Water Service Group logoCalifornia Water Service Group
Sig2.65Sen+2.45Env+1.70Soc+0.35Gov+1.05

California Water Service Group’s Washington Water unit received Washington Utilities and Transportation Commission approval for new water rates effective October 2026. The rates are expected to raise annual revenues by $4.1 million, supporting cost recovery for mains, treatment upgrades, booster pumps, remote monitoring, and PFAS testing and treatment. The company also reported revenue growth and ongoing major 2026 capital spending.

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