California American Water (CalAm) recently announced their acquisition of Fruitridge Vista Water Company’s operating assets was voted on and approved by the California Public Utilities Commission.
CalAm will become the new water provider to approximately 4,800 connections previously served by Fruitridge Vista for $20.75 million.
The acquisition is expected to close on January 31, 2020. CalAm will mail new customers an invitation to an informational meeting in January 2020 so they can meet local staff, see their new bill format and become acquainted with the conservation offerings, the low-income assistance program and web self-service tools that will be available.
“We are pleased by the CPUC’s decision and look forward to serving customers in the Fruitridge area,” said California American Water’s Director of Northern California Operations S. Audie Foster. “Our Parkway water system is just south of Fruitridge Vista so we know the area well. This acquisition will allow Fruitridge Vista customers to take advantage of our excellent low-income assistance, conservation and customer service programs.”
California American Water currently supplies water service to nearly 60,000 connections in the Sacramento region and nearly 180,000 connections within the State of California.