CCC PPPPP U U CCC N N EEEEE W W W SSS C C P p U U C C NN N E W W W S S C P P U U C N N N E W W W S C PPPPP U U C N N N EEE W W W W SSS C P U U C N N N E WW WW S C C P U U C C N NN E W W S S CCC P UUUU CCC N N EEEEE W W SSS CONTACT: Kyle DeVine July 17, 1996 PUC - 529 213-897-4225 (A.95-09-010) CPUC APPROVES SAN GABRIEL WATER REVENUE INCREASE The California Public Utilities Commission (CPUC) today authorized a $2.7 million or 11.8 percent revenue increase for San Gabriel Valley Water Company (San Gabriel), Los Angeles Division, effective in five days. Increase covers operating costs. San Gabriel serves 45,000 customers in the San Gabriel Valley. The residential customer using the monthly average of 2,250 cubic feet of water will see an increase of $1.96 or 6.7 percent, from the current $29.31 to $31.27. The company originally asked for a $4.7 million or 22 percent increase for this year. The $2.7 million approved today results from a settlement between San Gabriel and the CPUC Division of Ratepayer Advocates which represents the interests of all customer classes. The rate of return is set at 10.03 percent; return on common equity is 10.3 percent. -###-