California Water Service Group, through its wholly-owned subsidiaries, provides water utility and other related services in California, Washington, New Mexico, and Hawaii. Subsidiaries The company’s subsidiaries include California Water Service Company (Cal Water); New Mexico Water Service Company (New Mexico Water); Washington Water Service Company (Washington Water); Hawaii Water Service Company, Inc. (Hawaii Water); and CWS Utility Services and HWS Utility Services LLC (CWS Utility Services and HWS Utility Services LLC being referred to as ‘Utility Services’). Cal Water, New Mexico Water, Washington Water, and Hawaii Water are regulated public utilities. The regulated utility entities also provide some non-regulated services. Utility Services provides non-regulated services to private companies and municipalities. The bulk of the business consists of the production, purchase, storage, treatment, testing, distribution and sale of water for domestic, industrial, public and irrigation uses, and for fire protection. Regulated Business California water operations are conducted by the Cal Water and CWS Utility Services entities, which provide service to approximately 475,100 customers in 83 California communities through 25 separate districts. Of these 25 districts, 23 districts are regulated water systems, which are subject to regulation by the California Public Utilities Commission (CPUC). Cal Water operates two leased water systems, the City of Hawthorne and the City of Commerce, which are governed through their respective city councils and are outside of the CPUC's jurisdiction. Hawaii Water provides service to approximately 4,200 water and wastewater customers on the islands of Maui and Hawaii, including resorts and condominium complexes. Hawaii's regulated operations are subject to the jurisdiction of the Hawaii Public Utilities Commission. Washington Water provides domestic water service to approximately 16,000 customers in the Tacoma and Olympia areas. Washington Water's utility operations are regulated by the Washington Utilities and Transportation Commission. New Mexico Water provides service to approximately 7,600 water and wastewater customers in the Belen, Los Lunas and Elephant Butte areas in New Mexico. New Mexico's regulated operations are subject to the jurisdiction of the New Mexico Public Regulation Commission. The company operates the City of Hawthorne and the City of Commerce water systems under lease agreements. Non-Regulated Businesses The company also provides non-regulated water- related services under agreements with municipalities and other private companies. The non-regulated services include full water system operation, billing and meter reading services. Non-regulated operations also include the lease of communication antenna sites, lab services, and promotion of other non-regulated services. The antennas are used in cellular phone and personal communication applications. Under other non-regulated contract arrangements, the company operates municipally owned water systems, privately owned water systems, and recycled water distribution systems. Non-regulated activities consist primarily of: operating water and waste water systems, which are owned by other entities; providing meter reading and billing services; leasing communication antenna sites on its properties; operating recycled water systems; providing lab services for water quality testing; billing of optional third-party insurance programs to its residential customers; selling surplus property; and other services as requested by the client. The company also provides sewer and refuse billing services to municipalities. Seasonality The company’s water business is seasonal in nature. Customer demand for water is lower during the cooler and rainy, winter months. Demand increases in the spring when warmer weather returns and the rains end, and customer use more water for outdoor purposes, such as landscape irrigation. Warm temperatures during the generally dry summer months result in increased demand. Water usage declines during the fall as temperatures decrease and the rainy season begins. As a result, seasonality of water usage has a significant impact on its cash flows from operations and borrowing on its short-term facilities. History California Water Service Group was founded in 1926.
california water service grp
(CWT:New York Consolidated)
1720 North First Street
San Jose, CA 95112
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To contact CALIFORNIA WATER SERVICE GRP, please visit www.calwatergroup.com. Company data is provided by Capital IQ. Please use this form to report any data issues.