Global Water Resources, Inc.
For the period ended May 13, 2026. Filed May 13, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
May 13, 2026 · Filed May 13, 2026
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Contents
EX-99.1 · Subsequent Events
Subsequent Events
On April 28, 2026, the company filed a settlement agreement with the Arizona Corporation Commission (ACC) detailing the terms upon which the parties have agreed to bifurcate and settle the rate cases for Global Water – Santa Cruz Water Company, Inc. (GW-Santa Cruz) and Global Water – Palo Verde Utilities Company, Inc. (GW-Palo Verde). Among other things, the parties have agreed to:
an increase in GW-Santa Cruz’s annual revenue requirement of approximately $2.3 million,
a requested effective date of the new rates for GW-Santa Cruz of November 1, 2026; and,
the withdrawal of the GW-Palo Verde rate case, to be refiled in 2027 using a 2026 test year without seeking formula rates.
In consideration of the settlement agreement, GW-Palo Verde committed to seek an increase to the amount of the temporary bill credit for its customers of approximately $0.4 million annually until resolution of the next GW-Palo Verde rate case. The increase to the temporary bill credit is anticipated to coincide with the new rates described above for GW-Santa Cruz going into effect.
Secured an extension of the company’s $20 million revolving line of credit to May 18, 2028.
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