Dividend Growth and Regulatory Update
SJW Group
MWC Rate Cases/Regulatory
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Biddeford-Saco Division - GRC - Step 2
Supplemental rate filing for $6.9 million pending before the MPUC
Step 2 of GRC for Biddeford-Saco Division filed for $60 million project to
replace 1884 plant
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$60 million generational investment
MWC and OPA filed settlement agreement with MPUC in March 2022
Decision expected in 2Q 2022 in line with facility completion with
new rates in second half of 2022
WISC Increase
⚫ MPUC authorized 3% WISC increase for Skowhegan Division effective
January 1, 2022
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For $1.9 million infrastructure investment
Rate Increase Filings
Rate case filings in 4 divisions before March 1, 2022
Required under MPUC settlement agreement regarding the Tax Cuts
and Jobs Act
Maine Water
Constructive settlement
agreement for Step 2
benefiting customers and
MWC
9.7% Negotiated Return on
Equity
6.287% weighted average
cost of capital
$6.3M increase in annual
revenues
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