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California Water Service Group reports developments for a regulated water and wastewater utility holding company serving California, Hawaii, New Mexico, Washington, and Texas. Its subsidiaries include California Water Service, Hawaii Water Service, New Mexico Water Service, Washington Water Service, and Texas Water Service, a utility holding company.
Recurring news centers on California Public Utilities Commission rate-case decisions, infrastructure improvement plans, water system investment, quarterly earnings, dividend declarations, and updates tied to safe, reliable service. Company releases also address regulatory mechanisms, operating results, sustainability initiatives, and corporate governance or recognition items.
California Water Service Group (NYSE: CWT) opened its 13th annual Scholarship Program for students in its California, Hawaii, New Mexico, and Washington service areas. Up to $80,000 in scholarships are available, including four $10,000 grand prizes and awards of $2,500–$5,000.
Eligibility requires full-time undergraduate enrollment for 2026-2027; applications close March 26, 2026, winners announced in late May. The program is administered by Scholarship America and is stockholder-funded, not affecting customer rates. To date, the company has provided $839,000 in scholarships.
California Water Service Group (NYSE: CWT) will release its 2025 full-year and fourth-quarter earnings after market close on Wednesday, February 25, 2026, followed by an earnings conference call at 11:00 a.m. ET on Thursday, February 26, 2026.
The live audio webcast is available and a replay will be accessible through April 27, 2026. Company executives will host the call and a slide presentation will be furnished on the company website prior to the call.
California Water Service Group (NYSE: CWT) announced that Chairman and CEO Martin (Marty) Kropelnicki joined the newly formed CalCEO Council on Feb. 3, 2026. The council, created by the California Foundation for Commerce & Education, convenes 22 California chief executives to advise on economic policy and affordability.
The group aims to bridge private industry and government to propose solutions, best practices, and public policy recommendations intended to strengthen California's economy and improve community affordability.
California Water Service Group (NYSE:CWT) declared its 324th consecutive quarterly dividend of $0.3350 per common share, payable February 20, 2026, to holders of record February 9, 2026.
The Board also announced an 8% annual dividend increase to $1.34 from $1.20 (plus a $0.04 special dividend in 2025) as part of the company’s Centennial Celebration.
California Water Service Group (NYSE: CWT) celebrates its 100th anniversary in 2026 with a year-long program marking a century of service and setting a foundation for future growth. Founded in 1926 by three World War I veterans, the company began serving four California communities and now serves more than 2.1 million people across communities in California, Hawaii, New Mexico, Texas, and Washington. The company is the third largest publicly traded water utility in the U.S. and the largest regulated public water utility west of the Mississippi River. Chairman and CEO Martin A. Kropelnicki emphasized the company’s resilience, ingenuity, and commitment to providing a safe, reliable water supply as it marks this milestone. More historical details are available on the company’s centennial site.
California Water Service Group (NYSE: CWT) agreed to buy the remaining membership interests in BVRT Utility Holding Company LLC to become sole owner of seven subsidiary water and wastewater utilities serving the Austin–San Antonio corridor.
The transaction is subject to customary closing conditions, Public Utilities Commission of Texas approval, and Group board approval. Separately, a BVRT subsidiary, Camino Real Utility Company LLC, received a PUCT water certificate to serve nearly 230 acres near Mustang Ridge and already provides wastewater service to 270 customers.
Camino Real also signed an agreement to extend about 21,500 feet of sewer main to serve the adjacent 253-acre Oatman Hill development, projected to reach up to 5,000 equivalent dwelling units by 2036.
California Water Service Group (NYSE: CWT) promoted Todd K. Peters to Vice President, Engineering and Thomas A. Scanlon to Vice President, Corporate Controller and Chief Accounting Officer, effective January 1, 2026. Peters joined the company in 1993, most recently served as Chief Engineering Officer, holds a B.S. in Civil Engineering from San Jose State University, and is a licensed Professional Engineer in CA, HI, NM, TX, and WA. Scanlon joined in 2010, previously served as Corporate Controller and Chief Accounting Officer, holds a B.S. in Finance from Marquette University, an MBA from the University of Illinois, and is a Certified Public Accountant. Chairman & CEO Martin A. Kropelnicki said the promotions recognize their contributions to the company.
California Water Service (NYSE:CWT) was authorized by the California Public Utilities Commission to implement interim rate adjustments of 3% in most districts, effective Jan. 1, 2026, while the CPUC continues review of the company’s 2024 General Rate Case and Infrastructure Improvement Plan.
The CPUC granted interim rates because the final GRC decision was delayed past the date new rates would take effect; interim rates are intended to help maintain infrastructure investment and reduce compounded delayed-recovery surcharges. These interim rates remain subject to refund or adjustment depending on the CPUC’s final decision for the 2026–2028 period.
California Water Service (NYSE:CWT) on Dec. 22, 2025 named nine recipients of its seventh annual Firefighter Grant Program, awarding more than $186,000 to support rescue and emergency services.
The grants fund equipment and training including laryngoscopes, ventilation fans, gas detection gear, SnapTanks, a thermal manikin, wildland PPE and training, K9 search-and-rescue support, and station improvements. The program is funded through the company’s philanthropic giving program and does not affect customer rates.
California Water Service (NYSE: CWT) received California Public Utilities Commission approval to acquire Palm Mutual Water Company, a small system serving 63 residential customers located two miles from Cal Water’s Northeast Bakersfield Treatment Plant.
Cal Water currently supplies Palm Mutual via a master meter interconnection and plans phased infrastructure upgrades to improve consistency and water quality. Upon closing, Palm Mutual customers will join Cal Water’s Bakersfield District, which serves about 445,600 people through roughly 120,000 service connections. The purchase remains subject to customary closing conditions and is expected to close in Q1 2026.