SJW Group Dividend Growth and Capital Expenditure Plan slide image

SJW Group Dividend Growth and Capital Expenditure Plan

SJW Group Recent MWC Regulatory Activity • • Step 2 of Multiyear GRC in Biddeford-Saco Division Effective July 1, 2022 - - Authorized $6.3 million increase in annual revenue Step 1 was innovative rate-smoothing mechanism approved in July 2021 and benefiting customers as of July 1, 2022 Step 3 filing is expected in the second half of 2022 WISC - 3% WISC increase for Skowhegan Division approved - The first part authorized a $50K increase in revenue effective January 1, 2022 The second part authorized an additional $50K in revenue effective August 1, 2022 GRCS Pending in 4 divisions Would generate >$500K, as filed Maine Water MPUC Approval for Biddeford-Saco Division 9.7% negotiated ROE 6.287% weighted average cost of capital $6.3M increase in annual revenues - Decisions expected in the second half of 2022 14
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