The California Public Utilities Commission approved an alternate proposed decision in Liberty Utilities’ general rate case for Park Water Corporation and Apple Valley Ranchos Water Corporation, according to the commission’s meeting summary.
The adopted decision narrows recovery of unfinished capital projects until they are “used and useful,” adopts limited decoupling, and sets a 45/55 fixed-variable revenue split instead of the broader structure the company had sought, the summary said. The commission approved item 47A by a 5-0 vote.
Item 47, the original proposed decision in the same case, was withdrawn after the commission adopted the alternate version, and item 32 was also withdrawn because it related to the same matter, according to the summary.
The meeting summary does not spell out the dollar effect on customer bills or the full disputes behind the alternative decision. It does indicate that the ruling will shape how Liberty recovers costs from unfinished projects and how much revenue it can collect from ratepayers over the 2025-2027 period.
Liberty Utilities’ general rate case covers Park Water and Apple Valley Ranchos, two water utilities in California.
