MONTEREY, Calif.–(Small business WIRE)–On Friday, December 30, California American Water filed with the California Community Utilities Commission (CPUC) its application for rehearing of the recent selection pertaining to the Pure Water Monterey Growth arrangement. California American Water is requesting restoration of infrastructure prices required to extract, distribute, and produce drinking water from the growth of the Pure Water Monterey task. California American H2o supports the project as a critical part of the foreseeable future water offer portfolio for its Monterey Peninsula consumers and urges the CPUC to approve the money for the infrastructure needed for the venture.
“California American H2o has created new infrastructure and superior funding to our companion agency due to the fact we assistance the expansion of the Pure Water Monterey project. This venture is required to minimize pumping from the Carmel River, and this infrastructure is required for the undertaking,” claimed Kevin Tilden, president of California American H2o. “We encourage the CPUC to grant a fast rehearing to tackle the troubles and permit us to shift ahead with the drinking water obtain agreement.”
In its new determination (D 22-12-001) on the task growth, the Commission erroneously delayed restoration of infrastructure investments produced by the firm to guidance the project expansion, altered capital structures for undertaking enhancement and contradicts CPUC precedent and practice. The selection as penned has sizeable adverse impacts to the business, its customers and the region. California American H2o has requested a swift evaluation of the selection to proper the errors and enable the corporation to shift ahead with the task agreement.
In November 2021, California American Drinking water, Monterey One particular Drinking water and the Monterey Peninsula Drinking water Management District all signed a Memorandum of Comprehending (MOU) to continue with a invest in arrangement for water delivered by Monterey A single Drinking water Growth if the CPUC accredited restoration of infrastructure costs innovative by California American H2o. The organization continues to be dedicated to the conditions of the MOU.
Other parties to the proceeding might also file with the CPUC purposes for rehearing by January 4, 2023, or responses to the rehearing ask for by January 19, 2023.
Jointly, the recently authorized desalination plant and the Pure Drinking water Monterey Growth will allow for the group to substitute water it is currently working with from the Carmel River and comply with the path from the State H2o Sources Manage Board to do so.
About California American Drinking water:
California American H2o, a subsidiary of American H2o (NYSE: AWK), presents superior-excellent and trustworthy water and wastewater products and services to additional than 725,000 persons. Information and facts about California American Water’s company spots can be uncovered on the company’s web site www.californiaamwater.com.
About American Water:
With a history dating back again to 1886, American H2o is the largest and most geographically numerous U.S. publicly traded water and wastewater utility corporation. The corporation employs additional than 6,400 devoted industry experts who provide regulated and controlled-like ingesting h2o and wastewater services to extra than 14 million people today in 24 states. American Water gives risk-free, cleanse, reasonably priced, and reliable drinking water products and services to our clients to support keep their life flowing. For extra facts, go to amwater.com and diversityataw.com. Abide by American Water on Twitter, Facebook and LinkedIn.