SJW提交一般税率案件申请

圣荷西, CA -DG真人游戏务公司(DG真人游戏务), 平台登录(纽交所代码:SJW)全资子公司, announced the filing of its 2021 General Rate Case (GRC) application with the California Public Utilities Commission (CPUC).

The application supports a $435 million capital investment program to ensure a safe and resilient water system for the customers and communities served. San Jose Water provides water service to over one million people in the greater San Jose metropolitan area.  该公司自1866年以来一直为客户提供服务, and its aging infrastructure must be replaced as it reaches the end of its service life. 自2005年以来，DG真人游戏务公司已经花费了超过1美元.2 billion to upgrade water infrastructure — ensuring the continued safe and reliable delivery of high-quality water service.

“大约一美分一加仑, water remains one of the greatest values and most critical resources that we rely on in our daily lives,安迪·基尔说, 总裁兼首席运营官. “A safe and reliable water delivery system is essential to hygiene and public safety, 也支持消防和经济活力. Our investment in local water infrastructure creates jobs locally and helps to ensure resiliency and reliability for generations to come.”

每三年一次, water utilities regulated by the CPUC are required to submit a filing detailing proposed rate adjustments and the reasons for these rate adjustments. The CPUC and Public Advocates Office analyze each aspect of the rate application as part of a transparent public process to ensure customers pay just and reasonable rates. This process also offers the 实用程序 a reasonable opportunity to recover its costs, while also providing for continued investment in drinking water infrastructure necessary to maintain safe and reliable water service. 重要的是, customers have the opportunity to participate and provide feedback during the rate setting process.

The filing begins an anticipated 12-month review process by the CPUC. 申请中包含的费率是一个建议. Final rates 将 be approved by the CPUC following a comprehensive review process.

Some of the 项目 proposed for completion during the period covered by the GRC include:

• 基础设施和维护: 更换72英里老化的水管.
• 应急准备: Strengthening our water system and readiness to deliver safe and reliable water service during power interruptions, 地震, COVID-19等流行病, 和野火.
• 客户服务: 利用技术提供卓越的客户服务.

Said Gere, “This past year, our nation has faced many unique ordeals. The need to protect public health and safety is crucial as we continue to work and live through the pandemic and other challenges stemming from water quality and climate change. We remain committed to delivering outstanding service to our customers.”

关于DG真人游戏

成立于1866年, DG真人游戏务公司是一家投资者所有的公用事业公司, and is one of the largest and most technically sophisticated urban water systems in the United States. Serving over one million people in the greater San Jose metropolitan area, San Jose Water also provides services to other utilities including operations and maintenance, 计费, 回流测试. 圣荷西水务公司隶属平台登录, a publicly traded company listed on the New York Stock Exchange under the symbol SJW. SJW Group also owns: Connecticut Water Company in Connecticut; Maine Water Company in Maine; and SJWTX, 公司. (dba Canyon Lake Water Service Company). 要了解更多关于DG真人游戏的信息，请访问 sasxrr.femdomcenter.com.

媒体接触

监管事务及政府关系副总裁唐志强
(408) 279-7933

Liann Walborsky，企业传讯总监
(408) 918-7247

前瞻性陈述

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, 修订的.  Some of these forward-looking statements can be identified by the use of forward-looking words such as believes, 预计, 五月, 将, 应该, 寻求, 约, 计划, 计划, 估计, 项目, 策略, 或预期, or the negative of those words or other comparable terminology.  These forward looking statements are only predictions and are subject to risks, 难以预测的不确定性和假设.

The accuracy of such statements is subject to a number of risks, 不确定性和假设包括, 但不限于, the following factors: (1) the CPUC’s final decision in the GRC and timeliness of such decision, 还有水的作用, 实用程序, environmental and other governmental policies and regulations, 包括有关差饷的行动, 授权股本回报率, 法定资本结构, capital expenditures and other decisions; (2) changes in demand for water and other services; (3) the impact of the Coronavirus (COVID-19) pandemic on our business operation and financial results; (4) unanticipated weather conditions and changes in seasonality; (5) climate change and the effects thereof; (6) unexpected costs, charges or expenses; (7) the risk of work stoppages, strikes and other labor-related actions; (8) catastrophic events such as fires, 地震, 爆炸, 洪水, 冰雪风暴, 龙卷风, 飓风, 恐怖主义行为, 物理攻击, 网络攻击, or other similar occurrences; (9) changes in general economic, 政治, business and financial market conditions; (10) the ability to obtain financing on favorable terms, 哪些会受到各种因素的影响, 包括信用评级, 利率的变化, 遵从法规要求, compliance with the terms and conditions of our outstanding indebtedness, and general stock and debt market conditions; and (11) legislative and general market and economic developments.

除了, actual results are subject to other risks and uncertainties that relate more broadly to our overall business, including those more fully described in SJW Group’s filings with the SEC, 包括最近的10-K表格报告, 表格10-Q和表格8-K.  前瞻性陈述并非对业绩的保证, 只说到约定的日期, and we undertake no obligation to update or revise any forward-looking statements except as required by law.