American States Water
| Company type | Public |
|---|---|
| Industry | Utilities (Water and Electricity) |
| Founded | 1929 |
| Headquarters | San Dimas, California , United States |
Area served | United States (California) |
| Products | Water services, Electric utilities |
| Website | www |
American States Water Co. (), established in 1929 and based in San Dimas, California, is a publicly listed utility firm in the United States specializing in water and electricity services. The company operates under long-term privatization agreements spanning 50 years with the U.S. government to manage water system operations. It supplies water to nearly 246,000 clients and delivers electricity to more than 23,000 customers in Big Bear Lake, California, through its Bear Valley Electric division.
Background
By early 2014, American States Water's market value stood at $1.12 billion, with an enterprise valuation of $1.42 billion. The organization’s business is structured into three primary sectors: water services, electric utilities, and contracted operations.
Its subsidiaries include Golden State Water Company (GSWC), which serves upwards of 45,000 customers throughout California, and American States Utility Services, Inc. (ASUS), which functions as a government contractor. In January 2013, ASUS adopted Deltek Contract Lifecycle Management software to improve management of contract information and ensure adherence to governmental regulations. In June 2013, GSWC expanded its footprint by acquiring operational assets from Rural Water Company, thereby extending service to around 1,000 new customers in San Luis Obispo County, California. Throughout the 2014 drought in California, the company successfully sustained continuous water delivery to its customer base.
Bear Valley Electric
Bear Valley Electric Service Inc. (BVES), a subsidiary under American States Water, is responsible for providing electrical power to the Big Bear Valley area located within the San Bernardino Mountains of California. Founded in 1929, BVES serves as the main electric utility provider for this mountainous region.
Golden State Water
Golden State Water administers water utilities across various Californian communities, including:
- San Dimas
- Los Alamitos (West Orange County)
- Placentia (Yorba Linda, North Tustin/Cowan Heights)
- Central Basin East (Artesia, Norwalk)
- Central Basin West (Bell/Bell Gardens, Florence-Graham, South Gate/Hollydale, Willowbrook)
- Claremont
- Culver City
- San Gabriel (South San Gabriel, South Arcadia)
- Barstow
- Calipatria
- Bay Point
- Arden Cordova (Rancho Cordova, Arden-Arcade, Robbins)
- Wrightwood
- Los Osos (Los Osos, Edna)
- Santa Maria (Orcutt, Nipomo, Cypress Ridge, Lake Marie, Tanglewood)
- Simi Valley
- Clearlake
- Morongo Valley (Morongo del Sur, Morongo del Norte)
- Apple Valley (Desert View, Lucerne Valley, North and South Apple Valley)
External links
- Electric power companies of the United States
- Water companies of the United States
- Energy in California
- Hydroelectric power companies of the United States
- Companies based in Los Angeles County, California
- Energy companies established in 1929
- Renewable resource companies established in 1929
- 1929 establishments in California
- American companies established in 1929
- Environment of Greater Los Angeles
- San Dimas, California
- Companies listed on the New York Stock Exchange