California American Water Makes Formal Filing in Support of Recycled Water Project
January 22 2016 - 8:57PM
Business Wire
All Three Elements of Water Supply Project Now
Moving Forward
Earlier today California American Water president Rob MacLean
filed testimony with the California Public Utilities Commission
(CPUC) in support of the groundwater replenishment project known as
Pure Water Monterey.
“Pure Water Monterey helps to diversify our water supply
portfolio and brings many environmental benefits,” said California
American Water president Rob MacLean. “By maximizing recycled water
opportunities, we will be able to decrease the size of our proposed
desalination plant and reduce our environmental footprint. We are
hopeful the Commission analysis of the project will show its cost
to be reasonable and affirm the advantages it has over building a
larger desalination plant.”
In his testimony, MacLean said the groundwater replenishment
project carries with it potential advantages in terms of schedule
and reduced environmental impacts that could make it a preferable
option to a larger desalination plant. It is expected the customer
bill impacts for the project will be the same or marginally higher
than the larger desalination option. MacLean also asked the
California Public Utilities Commission to consider the overwhelming
support Pure Water Monterey has received from local elected
officials.
The Monterey Peninsula Water Management District and Monterey
Regional Water Pollution Control Agency recently completed the
required environmental study for the Pure Water Monterey project.
California American Water has also negotiated near-final terms of a
water purchase agreement for Pure Water Monterey, which would
provide for delivery of 3,500 acre-feet per year of
advanced-treated, recycled water to serve as a key component of the
future water supply for the Monterey Peninsula. The California
Public Utilities Commission is expected to issue its decision on
the Monterey Peninsula Water Supply Project, including approval of
the Pure Water Monterey purchase agreement, by the end of the
year.
California American Water’s proposed Monterey Peninsula Water
Supply Project consists of a 6.4 million gallon per day seawater
desalination facility, water purchased from the Pure Water Monterey
project, and expanded underground storage of excess winter river
flows. When combined with existing supplies, including groundwater,
and 300 acre-feet a year from the Sand City desalination facility,
the project will meet the water demands of the Monterey Peninsula
community and reduce production from the Carmel River, home to
threatened species. The Pure Water Monterey Project will reduce
stormwater runoff into the Monterey Bay National Marine Sactuary
and reduce discharge to the portions of the Monterey Bay coast
designated as Areas of Special Biological Significance.
The Monterey Peninsula Water Supply Project is expected to be
complete in 2019. Deliveries of water from Pure Water Monterey are
expected to begin in July of that year. For more information on the
Monterey Peninsula Water Supply project, visit
www.watersupplyproject.org.
California American Water, a subsidiary of American Water Works
Company, Inc. (NYSE:AWK), provides high-quality and reliable water
and/or wastewater services to approximately 600,000 people.
Founded in 1886, American Water Works Company is the largest and
geographically diversified publicly traded U.S. water and
wastewater utility company. With headquarters in Voorhees, N.J.,
the company employs approximately 6,800 dedicated professionals who
provide regulated and market-based drinking water, wastewater and
other related services to an estimated 15 million people in more
than 47 states, and Ontario, Canada. More information can be found
by visiting www.amwater.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160122006022/en/
California American WaterCatherine StedmanOffice:
831-646-3208Mobile: 831-241-2990catherine.stedman@amwater.com
American Water Works (NYSE:AWK)
Historical Stock Chart
From Apr 2024 to May 2024
American Water Works (NYSE:AWK)
Historical Stock Chart
From May 2023 to May 2024