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March 29, 2015 1:29 PM ET

Water Utilities

Company Overview of Golden State Water Company

Company Overview

Golden State Water Company, a public utility company, engages in the purchase, production, and distribution of water to residential and commercial customers in California. The company operates through two segments, Water and Electric. The company also provides electric service to the City of Big Bear Lake and surrounding areas in San Bernardino County, California through its Bear Valley Electric Service division. As of December 31, 2013, it served 257,102 water customers and 23,615 electric customers. The company also owned and operated 29.6 miles of overhead 34.5 kilovolt (kv) transmission lines, 1.4 mile of underground 34.5 kv transmission lines, 179.6 miles of 4.16 kv or 2.4 kv distributi...

630 East Foothill Boulevard

San Dimas, CA 91773

United States

Founded in 1929

552 Employees

Phone:

909-394-3600

Key Executives for Golden State Water Company

Chief Executive Officer, President and Director
Age: 56
Chief Financial Officer, Principal Accounting Officer, Senior Vice President of Finance, Treasurer and Corporate Secretary
Age: 58
Senior Vice President of Operations
Senior Vice President of Regulated Utilities
Age: 50
Senior Vice President of Administration
Compensation as of Fiscal Year 2014.

Golden State Water Company Key Developments

Golden State Water Company Announces Notice of Redemption of Notes

American States Water Company announced that its Golden State Water Company, subsidiary has issued a notice of redemption of its $5,000,000, 6.87% medium-term notes series A due 2023, and $10,000,000, 7.00% medium-term notes series A due 2023. The notes will be redeemed at a price of 100% of the outstanding principal amount of the notes, plus accrued and unpaid interest to the redemption date. The redemption date is July 15, 2014. The company plans to replace this $15 million with lower interest rate debt.

Golden State Water Company Announces Capital Expenditure for the Six Months Ended June 30, 2013; Provides CapEx Guidance for the Year 2013

Golden State Water Company invested $41 million in capital project during the six months ended June 30, 2013, as compared to $28.7 million for the same period of last year. The company is on track to spend approximately $85 million per year in capital expenditures for the years 2013 through 2015.

Golden State Water Company Reports Earnings Results for the Second Quarter Ended June 30, 2013

Golden State Water Company reported earnings results for the second quarter ended June 30, 2013. For the quarter, the company's diluted earnings per share increased by $0.10 to $0.66 per share, as compared to $0.56 per share for the same period of 2012.

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