RegulatoryApr 29, 2026, 08:32 AM
GWRS: GW-Santa Cruz Rate Case Settled, $2.3M Revenue Increase
AI Summary
Global Water Resources, Inc. (GWRS) has filed a unanimous settlement agreement with the Arizona Corporation Commission (ACC) for the rate cases of GW-Santa Cruz and GW-Palo Verde. The agreement includes an approximate $2.3 million increase in GW-Santa Cruz's annual revenue requirement, with new rates expected to be effective November 1, 2026. The GW-Palo Verde rate case will be withdrawn and refiled in 2027, with a commitment to increase temporary bill credits for its customers by about $0.4 million annually.
Key Highlights
- GW-Santa Cruz annual revenue requirement to increase by approximately $2.3 million.
- GW-Santa Cruz rate base set at $63.6 million with 9.6% return on equity.
- New rates for GW-Santa Cruz are requested to be effective November 1, 2026.
- Estimated bill increase for median GW-Santa Cruz water user is $2.68 per month.
- GW-Palo Verde rate case withdrawn, to be refiled in 2027 using a 2026 test year.
- GW-Palo Verde commits to seek a $0.4 million annual increase in temporary bill credit for customers.