SJW Group Dividend Growth and Capital Expenditure Plan slide image

SJW Group Dividend Growth and Capital Expenditure Plan

Key Statistics by State As of December 31, 2021 California Connecticut Texas Maine Authorized capital structure (debt/equity) 47% / 53% 47% / 53% 37% / 63% 50% / 50% 2021 capital structure (debt/equity) 49.3% / 50.7% 45.6% / 54.4% 40.3% / 59.7% 42.2% / 57.8% Authorized return on equity 8.90% 9.00% 10.88% 9.81%1 Authorized rate base (in millions) $958.9 $549.4 $43.3 $63.3 Estimated rate base at year-end (in millions) $1023.1 $613.6 $95.1 $87.6 Water connections 232,000 107,000 24,000 32,500 Wastewater connections 0 3,000 800 0 Total Connections 232,000 110,000 24,800 32,500 SJW Group 1 Maine Water's return on equity set at 9.7% in all divisions effective July 1, 2022, as part of the approved settlement agreement in the Biddeford-Saco division general rate case. 25
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