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EX-99.1 - EX-99.1 - CALIFORNIA WATER SERVICE GROUPa16-18000_1ex99d1.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

Current Report Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): September 2, 2016

 

CALIFORNIA WATER SERVICE GROUP

(Exact name of Registrant as Specified in its Charter)

 

Delaware

 

1-13883

 

77-0448994

(State or other jurisdiction
of incorporation)

 

(Commission file number)

 

(I.R.S. Employer
Identification Number)

 

1720 North First Street
San Jose, California
(Address of principal executive offices)

 

95112
(Zip Code)

 

(408) 367-8200

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o                                    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01.                                        OTHER EVENTS.

 

On September 6, 2016, California Water Service Group (the “Company”) issued a press release announcing California Water Service Company (Cal Water), the largest subsidiary of the Company, formally filed a settlement agreement  to its 2015 General Rate Case on Friday, September 2.

 

The press release in the form attached as Exhibit 99.1 corrects three errors in the press release published on September 6, 2016:  Under the terms of the settlement, Cal Water would be authorized to increase rates in 2017, 2018, and 2019 (instead of 2016, 2017, and 2018) and increase gross revenue by approximately $16.3 million in 2019 (instead of $17.2 million). The proposed 7.5% revenue increase is in 2017 (instead of 2016). A copy of the revised press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01.                                        FINANCIAL STATEMENTS AND EXHIBITS.

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release issued September 6, 2016

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

CALIFORNIA WATER SERVICE GROUP

 

 

 

 

Date: September 6, 2016

By:

/s/ Thomas F. Smegal

 

Name:

Thomas F. Smegal

 

Title:

Vice President, Chief Financial Officer and Treasurer

 

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