0001157523-14-004590.txt : 20141118 0001157523-14-004590.hdr.sgml : 20141118 20141118080033 ACCESSION NUMBER: 0001157523-14-004590 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141106 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20141118 DATE AS OF CHANGE: 20141118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN STATES WATER CO CENTRAL INDEX KEY: 0001056903 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 954676679 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14431 FILM NUMBER: 141229658 BUSINESS ADDRESS: STREET 1: 630 E FOOTHILL BLVD CITY: SAN DIMAS STATE: CA ZIP: 91773-9016 BUSINESS PHONE: 9093943600 MAIL ADDRESS: STREET 1: 630 E FOOTHILL CITY: SAN DIMAS STATE: CA ZIP: 91773-9016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Golden State Water CO CENTRAL INDEX KEY: 0000092116 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] IRS NUMBER: 951243678 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12008 FILM NUMBER: 141229659 BUSINESS ADDRESS: STREET 1: 630 E FOOTHILL BLVD CITY: SAN DIMAS STATE: CA ZIP: 91773-9016 BUSINESS PHONE: 9093943600 MAIL ADDRESS: STREET 1: 630 E FOOTHILL CITY: SAN DIMAS STATE: CA ZIP: 91773-9016 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHERN CALIFORNIA WATER CO DATE OF NAME CHANGE: 19920703 8-K 1 a50985980.htm AMERICAN STATES WATER COMPANY 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


Form 8-K
CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) November 6, 2014


AMERICAN STATES WATER COMPANY
(Exact name of registrant as specified in its charter)

California

001-14431

95-4676679

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification

No.)

630 East Foothill Blvd.

San Dimas, California

 

 

91773

(Address of principal executive

offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (909) 394-3600


GOLDEN STATE WATER COMPANY
(Exact name of registrant as specified in its charter)

California

001-12008

95-1243678

(State or other jurisdiction of

incorporation or organization)

(Commission File Number)

(I.R.S. Employer Identification

No.)

630 East Foothill Blvd.

San Dimas, California

 

 

91773

(Address of principal executive

offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (909) 394-3600


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



Item 8.01.          Other Events

San Dimas, California, November 18, 2014…. American States Water Company (NYSE:AWR) announced that the California Public Utilities Commission (“CPUC”) recently issued a final decision adopting the settlement agreement between Golden State Water Company (“GSWC”), a subsidiary of AWR, and all the parties involved in the general rate case for GSWC’s electric division, Bear Valley Electric Service (“BVES”), on the revenue requirement in the case.  The final decision sets new rates for the years 2013–2016 providing for modest increases in customer rates.  While the new rates are retroactive to January 1, 2013, they are not expected to materially impact GSWC’s 2014 – 2016 earnings.

A copy of the Company’s press release is attached hereto as Exhibit 99.1.  

This Form 8-K and the attached exhibit are furnished to, but not filed with, the Securities and Exchange Commission.




Section 9 – Financial Statement and Exhibits

Item 9.01.          Financial Statements and Exhibits

Exhibit No.

Description

99.1 Press Release: American States Water Company Announces Approval by the CPUC of New Rates at GSWC’s Bear Valley Electric Service Division




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AMERICAN STATES WATER COMPANY

 

Date:

November 18, 2014

/s /Eva G. Tang

Eva G. Tang

Senior Vice President-Finance, Chief Financial

Officer, Corporate Secretary and Treasurer

GOLDEN STATE WATER COMPANY

 

Date:

November 18, 2014

/s /Eva G. Tang

Eva G. Tang

Senior Vice President-Finance, Chief Financial

Officer and Secretary

EX-99.1 2 a50985980ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

American States Water Company Announces Approval by the CPUC of New Rates at GSWC’s Bear Valley Electric Service Division

SAN DIMAS, Calif.--(BUSINESS WIRE)--November 18, 2014--American States Water Company (NYSE:AWR) announced that the California Public Utilities Commission (“CPUC”) recently issued a final decision adopting the settlement agreement between Golden State Water Company (“GSWC”), a subsidiary of AWR, and all the parties involved in the general rate case for GSWC’s electric division, Bear Valley Electric Service (“BVES”), on the revenue requirement in the case. The final decision sets new rates for the years 2013–2016 providing for modest increases in customer rates. While the new rates are retroactive to January 1, 2013, they are not expected to materially impact GSWC’s 2014 – 2016 earnings.

Among other things, the settlement agreement authorizes a return on equity of 9.95% with a corresponding return on rate base of 8.60%, and approves $11 million of capital projects for 2013 – 2016. The final decision also authorized approximately $8.5 million of additional capital projects to be filed for revenue recovery with advice letters when those projects are completed.

BVES provides electric services to approximately 24,000 customers in the City of Big Bear Lake and surrounding areas in San Bernardino County. Commenting on the final decision, Robert J. Sprowls, President and Chief Executive Officer, stated, “The CPUC’s approval of our electric rate case will allow us to continue to serve our customers the best way possible by investing in infrastructure that provides important upgrades and programs to strengthen safety and reliability, while keeping customer rates relatively unchanged. As we have stated before, a fair and equitable regulatory process is good for customers and shareholders alike.”

Certain matters discussed in this news release with regard to the Company’s expectations may be forward-looking statements that involve risks and uncertainties. The assumptions and risk factors that could cause actual results to differ materially, include those described in the Company’s Form 10-Q and Form 10-K filed with the Securities and Exchange Commission.

American States Water Company is the parent of Golden State Water Company and American States Utility Services, Inc. Through its utility subsidiary, Golden State Water Company, AWR provides water service to approximately 257,000 customers located within 75 communities throughout 10 counties in Northern, Coastal and Southern California. The Company also distributes electricity to approximately 24,000 customers in the City of Big Bear and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country through 50-year privatization contracts with the U.S. government.

CONTACT:
American States Water Company
Eva G. Tang
Senior Vice President, Chief Financial Officer,
Treasurer and Corporate Secretary
(909) 394-3600, extension 707