February 9, 2018 / 11:18 AM / 3 months ago

BRIEF-SJW Group Says CPUC Issued Proposed Decision On San Jose Water Co's Cost Of Capital For 2018-2020

Feb 9 (Reuters) - SJW Group:

* SJW GROUP SAYS ON FEB 6 CALIFORNIA PUBLIC UTILITIES COMMISSION ISSUED A PROPOSED DECISION REGARDING SAN JOSE WATER CO’S COST OF CAPITAL FOR 2018-2020

* SJW - PROPOSED DECISION REDUCES SAN JOSE WATER COMPANY'S RETURN ON EQUITY FROM 9.43% TO 8.30% & OVERALL RETURN ON RATE BASE FROM 8.09% TO 7.19% Source text : (bit.ly/2FZZIT6) Further company coverage:

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