Dividend Growth and Regulatory Update slide image

Dividend Growth and Regulatory Update

SJW Group CWC Rate Cases/Regulatory 2021 Rate Case Final decision issued by Connecticut Public Utilities Regulatory Authority on Request for Reconsideration in November 2021 Authorized $2.1 million in additional revenues above $5.2 million increase authorized in July 28, 2021 GRC decision Total of $7.3 million authorized through 2021 GRC Water Infrastructure and Conservation Adjustment PURA authorized WICA adjustment of 2.44% effective January 1, 2022 - Approximately $22 million in completed projects • Included certain projects not considered in GRC due to capital additions deadline New WICA expected to generate $2.6 million in annual revenues Connecticut Water Collectively, $9.9 million total additional revenue in 2022 plus $500K expense to capital Total revenue requirement authorized in the Connecticut GRC increased $7.3 million or 7.1% Additional $2.6 million in revenues through WICA 13
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