A utility’s Rate of Return (ROR), or Cost of Capital (CoC), is the weighted average cost of debt, preferred equity, and common stock a utility has issued to finance its utility capital investments. Cost of debt is determined by weighted average interest rates on long-term debt issuances while the cost of common stock is expressed as the ...

2023年6月8日 · Cost of capital is an important factor that influences a firm’s capital structure. It is one of the cornerstones of the theory of financial management. When formulating a company’s capital structure, it is necessary to consider and compare the cost of each source of capital to decide on which sources of capital are in the interest of the ...

This advice letter filing requests triggering the Water Cost of Capital Adjustment Mechanism (“WCCM”) and revise the capital structure based on the D.23-06-025. These revisions will be incorporated into the tier 1 advice letter California American Water will make on July 31, 2023 to implement new rates consistent with D.23-06-025. Background:

1 Under the RCP, Cal Water is required to file its cost of capital applications on a triennial basis starting in 2008. The Commission resolved Cal Water’s last cost of capital application, A.11-05-001, in D.12-07-009, and also modified the deadline for Cal Water’s subsequent cost of capital application from May 1, 2014 to March 31, 2014.

DECISION ON TEST YEAR 2020 COST OF CAPITAL FOR THE MAJOR ENERGY UTILITIES Summary This decision establishes the 2020 ratemaking cost of capital for Southern California Edison Company (SCE), Pacific Gas and Electric Company (PG&E) San Diego Gas & Electric Company (SDG&E), and Southern California Gas Company (SoCalGas).

SAN FRANCISCO, March 22, 2018 - The California Public Utilities Commission (CPUC) today set a fair cost of capital and associated financial costs for California Water Service Company, California-American Water Company, Golden State Water Company, and …

In Decision 23-06-025 (D.23-06-025), the Commission approved a new cost of capital for Cal Water to become effective within 30 days of issuance, and continued the Water Cost of Capital Mechanism (“WCCM”) with a base year of 2022. Cal Water requests approval to modify Preliminary Statement S to update the terms of the WCCM adopted in D.23-06 ...

2022年1月1日 · In this consolidated proceeding, the Applicants seek Commission authorization to establish equity returns, cost of debt, capital structures, and overall rates of return on rate base for the period January 1, 2022 to December 31, 2024. Below is …

California-American Water Company (Cal-Am) has applied to revise its cost of capital – Equitythe rate that the Company is authorized to earn on its invested capital. What effect would this have on my bill?

2024年12月31日 · On May 3, 2021, Cal-Am submitted an application to the CPUC seeking approval to increase its Cost of Capital. Cal-Am is requesting an increase in the rate of return on rate base from 7.61 percent to 8 percent from January 1, 2022 through December 31, 2024. The proposed rate of return reflects a 10.75 percent cost of equity and 4.35 percent of debt.