STOCK TITAN

California Water Service Sees Sixth Straight Month of Water Savings

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

California Water Service (CWT) reported a continued trend of water conservation, with customers reducing usage for the sixth consecutive month in October, achieving a total reduction of 12.1% compared to October 2020. Notably, ten districts exceeded 15% savings, with Westlake leading at 31.8%. This consistent effort underscores customer commitment to conservation despite lower temperatures. The utility serves approximately 2 million people and has been operational since 1926.

Positive
  • Continued customer water use reduction of 12.1% in October compared to 2020.
  • Ten districts surpassed 15% in water-use reductions, showcasing strong conservation efforts.
Negative
  • None.

SAN JOSE, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) customers reduced their water use for the sixth month in a row in October. Ten of Cal Water’s districts surpassed 15% in reductions; company-wide, Cal Water reduced water use by 12.1% compared to October 2020.

“Even as temperatures drop, we’re seeing great signs that our customers are continuing their conservation efforts regardless of the weather,” said Martin A. Kropelnicki, President and CEO.

The 10 Cal Water districts that surpassed 15% in water-use reductions are:

  • Antelope Valley, saving 15.5%
  • Bear Gulch, saving 16.9%
  • Hermosa-Redondo, saving 21%
  • Livermore, saving 19.1%
  • Marysville, saving 19.9%
  • Oroville, saving 24.5%
  • Palos Verdes, saving 27.2%
  • Selma, saving 15.7%
  • Westlake, saving 31.8%
  • Willows, saving 19.0%

Previously, Cal Water customers throughout the state reduced their water use in May by 6.5%, in June by 11.6%, in July by 12.4%, in August by 12.3%, and in September by 10.6%.

Conservation savings for all Cal Water districts are available at drought.calwater.com/reductions. Customers can get more information about conservation rebates and programs, drought resources, and water restrictions at drought.calwater.com.

Cal Water serves approximately 2 million people through 494,500 service connections in California. The utility has provided water service in the state since 1926. Additional information may be obtained online at www.calwater.com.

Contact: Yvonne Kingman, 310-257-1434


FAQ

What was California Water Service's water use reduction in October 2022?

California Water Service reported a 12.1% reduction in water use compared to October 2020.

Which districts of California Water Service achieved over 15% water savings in October 2022?

The districts include Antelope Valley (15.5%), Bear Gulch (16.9%), Hermosa-Redondo (21%), Livermore (19.1%), Marysville (19.9%), Oroville (24.5%), Palos Verdes (27.2%), Selma (15.7%), Westlake (31.8%), and Willows (19.0%).

How many people does California Water Service serve?

California Water Service serves approximately 2 million people through 494,500 service connections.

When was California Water Service established?

California Water Service was established in 1926.

California Water Service

NYSE:CWT

CWT Rankings

CWT Latest News

CWT Stock Data

2.73B
58.89M
0.72%
88.33%
1.07%
Utilities - Regulated Water
Water Supply
Link
United States of America
SAN JOSE