American States Water Co. (AWR)

Overview

American States Water Company, encapsulating a legacy since 1929, stands as a pivotal provider of water and electric utilities within the United States. Operating under a strategic tripartite division—Water, Electric, and Contracted Services—the company primarily focuses on the procurement, production, distribution, and sale of water, alongside electric distribution. Its operational footprint, as of the terminal date of December 31, 2022, remarkably extends to servicing 263,265 water customers across 10 counties in California and 24,705 electric customers in the San Bernardino County mountain communities. Beyond these services, the company is distinguished by its dedicated provision of water and/or wastewater services to various military installations, encompassing operation, maintenance, and facility construction for water and/or wastewater systems. Headquartered in San Dimas, California, American States Water Company embeds a rich tradition of utility service excellence within the fabric of American infrastructure.

Products and Services

The bouquet of offerings by American States Water Company is categorized under three primary segments, each tailored to address distinct aspects of utility provision:

• Water: This segment focuses on the acquisition, production, distribution, and retail sale of water. Serving an extensive customer base, the company ensures a reliable and quality water supply across multiple counties in California. This segment is crucial for catering to the residential, commercial, industrial, and other sectors' water needs. Through a network of facilities and a commitment to sustainability, American States Water Company plays a vital role in water management and conservation efforts.
• Electric: As part of its electric segment, American States Water Company distributes electricity to customers located in the mountainous regions of San Bernardino County. This segment supports the utility requirements of a distinct geographical area, providing essential electric services to both residential and commercial customers. The electric distribution operations are designed to meet the unique demands of the communities served, ensuring a stable and efficient supply of electricity to facilitate everyday life and business activities.
• Contracted Services: Catering to the specialized needs of military installations, this segment offers comprehensive water and/or wastewater services. This encompasses the operation, maintenance, and construction of water and/or wastewater systems. Through contracted services, American States Water Company addresses the critical utility infrastructure requirements of military bases, ensuring the delivery of vital water services and the maintenance of high standards of environmental stewardship and public health within these communities.