Bear Valley Electric
| Company type | Public |
|---|---|
| Industry | Utilities (Water and Electricity) |
| Founded | 1929 |
| Headquarters | San Dimas, California , United States |
Area served | California, United States |
| Products | Water services, Electricity services |
| 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 holds long-term privatization agreements spanning 50 years with the U.S. government to manage water systems and caters to roughly 246,000 water clients along with over 23,000 electricity customers in Big Bear Lake, California, operating under the Bear Valley Electric brand.
Background
By February 2014, American States Water's market value was approximately $1.12 billion, with an enterprise valuation of $1.42 billion. The business is structured into three primary divisions: water, electric, and contracted services.
It functions as the parent organization of Golden State Water Company (GSWC), which provides services to more than 45,000 customers throughout California, and American States Utility Services, Inc. (ASUS), a contractor for government projects. In January 2013, ASUS adopted Deltek Contract Lifecycle Management software to improve its contract oversight and ensure adherence to governmental regulations.
In June 2013, GSWC expanded its footprint by acquiring all operational assets of Rural Water Company, thereby adding approximately 1,000 customers in San Luis Obispo County, California. Despite the challenges posed by the California drought in 2014, the company consistently delivered uninterrupted water services to its clientele.
Bear Valley Electric
A subsidiary of American States Water, Bear Valley Electric Service Inc. (BVES) supplies electrical power to the Big Bear Valley area located within the San Bernardino Mountains of California. Founded in 1929, BVES acts as the leading electricity provider for this region.
Golden State Water
Golden State Water manages water infrastructure 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