California Updates & ESG Initiatives slide image

California Updates & ESG Initiatives

Connecticut Updates Filed GRC with Public Utilities Regulatory Authority (PURA) on October 3, 2023 . ● Requesting $21.4 million, or 18.1%, annualized revenue increase Proposing expansion of customer assistance programs • Decision expected in 2Q24 Water Infrastructure and Conservation Adjustment (WICA) WICA increase of 1.19% approved by PURA on September 25, 2023 Connecticut Water Connecticut Water WICA 7.38% cumulative WICA as of October 1, 2023 Annual cap on WICA: 5% Cap between GRCS: 10% WICA rolled into base rates during GRCs, and surcharge reset to zero • Effective date October 1, 2023 $1.3 million increase in annualized revenue SJW Group 15
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