California Water Service Group’s unit, California Water Service (Cal Water), received approval from the CPUC for a temporary interim rate revision effective Jan. 1, 2026. The 3% rate increase will support infrastructure upgrades for safe, clean water delivery. Aging water infrastructure in the U.S. requires $1.25 trillion in investments over the next 20 years.

American Water Works Company and American States Water benefit from rate increases, boosting revenues for infrastructure investments. Global Water Resources receives approval for water rate increases in Arizona. CWT’s stock has declined 4.6% in the past three months.

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For more information on California Water Service Group (CWT), American Water Works Company (AWK), American States Water Company (AWR), and Global Water Resources, Inc. (GWRS), refer to the Free Stock Analysis Reports provided. Stay updated with the latest recommendations from Zacks Investment Research.

Read more at Nasdaq: California Water Service Unit Cal Water Gets Nod for Interim Rate Hike