SJW Group Dividend Growth and Capital Expenditure Plan
SJW Group
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SJWC Rate Cases/Regulatory
2022- 2024 Rate Case Pending Before the CPUC
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Settlement agreement between SJW and Public Advocates Office
filed in January
$54 million revenue increase over three years
$25 million in 2022
$350 million three-year capital budget
New rates, if approved, expected to be effective 4Q 2022 and
retroactive to January 1
2022 Third-Party Supply Cost Increase Was Approved
Effective July 1, 2022,
Increased revenue requirement by $24.3 million, or 6%
Drought Response
Water Conservation Memorandum Account, Water Conservation
Expense Memorandum Account and other mechanisms employed to
encourage conservation while allowing the company the opportunity
to earn its authorized return
SJJJ
SAN JOSE
WATER
Constructive rate case
settlement agreement
benefiting customers and SJW
Recognizes need for
continued investment via
$350 million three-year
capital program
Further aligns authorized and
actual consumption
Greater revenue recovery in
the fixed charge
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