SJW Group
| Company type | Public |
|---|---|
| Industry | Water utility |
| Headquarters | San Jose, California , United States |
Area served | California, Texas, Connecticut, Maine |
| Products | Water supply services |
SJW Group ("SJW") is a water service provider headquartered in San Jose, California. It supplies water to over 1 million individuals through 228,000 service connections across California, and additionally serves around 60,000 residents via approximately 17,000 connections in Texas. By December 2021, the company's enterprise value was estimated at $3.76 billion.
Operations
SJW conducts its business through four main subsidiaries: San Jose Water Company, SJWTX, Inc., SJW Land Company, and Texas Water Alliance Limited (TWA), the latter overseeing water supply operations within Texas. The company’s utility infrastructure encompasses land assets, reservoirs, diversion systems, wells, storage facilities, distribution networks, operational equipment, and administrative offices. In 2012, revenue derived from purchased water represented roughly 40% to 45% of the total annual income.
As one of the largest water utilities in the United States, SJW took part in the 2013 Water Utility Conference.
In October 2018, SJW revealed plans to acquire Connecticut Water Service, Inc., thereby extending its operational reach into Connecticut and Maine; this acquisition was completed in October 2019.