Welcome to our dedicated page for Sjw Group news (Ticker: SJW), a resource for investors and traders seeking the latest updates and insights on Sjw Group stock.
SJW Group, now H2O America, reports developments tied to its role as a national investor-owned water and wastewater utility. Company news commonly covers regulated water operations, rate structures, infrastructure investment, customer assistance programs, dividends, and financial results across local utility subsidiaries such as San Jose Water, Connecticut Water, and Maine Water.
Updates also include public-utility regulatory decisions, leadership and finance appointments, operational efficiency initiatives, and the completed corporate rebrand from SJW Group to H2O America with a new Nasdaq ticker. Subsidiary news highlights drinking-water collection, treatment, and distribution systems serving homes, businesses, and fire-protection customers in regulated service territories.
SJW Group (NYSE: SJW) has announced the schedule for releasing its 2024 second quarter financial results. The company will report its results after market close on Wednesday, July 24, 2024. A webcast presentation reviewing the results will be held on Thursday, July 25, 2024, at 11 a.m. PDT / 2 p.m. EDT. The presentation will be led by Eric W. Thornburg, president, CEO, and board chair, along with Andrew F. Walters, CFO and treasurer. An accompanying slide presentation will be available on SJW Group's investor website before the call. Interested parties can access the webcast at www.sjwgroup.com, and an archive will be available until October 21, 2024.
San Jose Water (SJW) has received a total of $15.3 million in customer relief funding from the state of California, financed by the American Rescue Plan Act (ARPA). The funds, administered by the California Water and Wastewater Arrearage Payment Program, aim to assist customers who struggled to pay water bills from June 15, 2021, to December 31, 2022, due to COVID-19.
On May 13, SJW received $9.1 million in the second round of relief funding, following an earlier $6.2 million allocation. The company will credit eligible customer accounts, notifying them by mail. Additionally, more than 1,300 customers have accessed nearly $1.3 million through the Low-Income Household Water Assistance Program (LIHWAP).
SJW also offers payment plans via PromisePay and a 15% discount through its Customer Assistance Program. The company promotes water conservation through free check-ups, low-flow devices, and educational materials to reduce bills.
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