San Jose Water Company (San Jose Water) announced this week they have filed their 2021 General Rate Case (GRC) application with the California Public Utilities Commission (CPUC).
According to the application a $435 million capital investment program is planned to ensure a safe and resilient water system. Since 2005, San Jose Water has spent more than $1.2 billion to upgrade water infrastructure.
“At about a penny a gallon, water remains one of the greatest values and most critical resources that we rely on in our daily lives,” said Andy Gere, President and COO. “A safe and reliable water delivery system is essential to hygiene and public safety, and also supports fire protection and economic vibrancy. Our investment in local water infrastructure creates jobs locally and helps to ensure resiliency and reliability for generations to come.”
Some of the projects proposed for completion during the period covered by the GRC include:
- Replacing 72 miles of aging water mains.
- Strengthening the water system and readiness to deliver safe and reliable water service during power interruptions, earthquakes, pandemics such as COVID-19, and wildfires.
- Deploying technology to deliver exceptional customer service.
Every three years, 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 utility 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. Importantly, 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. The rates included in the application are a proposal. Final rates will be approved by the CPUC following a comprehensive review process.