American States Water

American States Water is a publicly traded water and utility company that provides drinking water, wastewater treatment, and other related services to customers in California, Arizona, and Texas. The company was founded in 1929 and is headquartered in San Dimas, California. It operates through its two subsidiaries, Golden State Water Company and American States Utility Services, Inc. Golden State Water Company provides water service to over 262,000 residential, commercial, and industrial customers in 10 counties across California. American States Utility Services, Inc. provides water and wastewater services to military bases and federal facilities across the country. The company is committed to delivering high-quality, reliable, and affordable water services to its customers while also promoting environmental sustainability. American States Water is also dedicated to giving back to the communities it serves through various charitable initiatives and volunteer programs.

1. Longstanding History: American States Water has a rich history dating back to 1929, making it one of the oldest and most experienced water utilities in the United States.
2. Highly Regarded in the Industry: The company has a strong reputation for providing high-quality, reliable water and electric services to its customers. It has received numerous awards and recognition for its exceptional performance and commitment to sustainability.
3. Diversified Business: American States Water is not just a water utility company, but a diversified holding company with a portfolio that includes not only water services but also electric services and contract water and wastewater services. This diversification helps to mitigate risk, ensuring a stable revenue stream for the company.
4. Strong Financials: The company has a track record of consistent financial growth and stability, with a strong balance sheet and a consistently increasing dividend payout to its investors.
5. Technologically Advanced: American States Water utilizes innovative technologies and practices to efficiently manage and deliver its services. It is one of the leaders in using advanced metering infrastructure to improve billing accuracy and conservation efforts.
6. Community Involvement and Corporate Social Responsibility: The company has a strong commitment to giving back to the communities it serves through charitable donations, volunteering, and partnerships with local organizations. It also prioritizes sustainability and environmental responsibility in its operations.
7. Strong Customer Service: American States Water prioritizes customer satisfaction and provides excellent customer service. It has a variety of programs in place to ensure water and electric reliability, affordable rates, and transparent communication with its customers.
8. Growth Potential: With a large customer base and ongoing infrastructure improvement plans, American States Water has strong potential for growth in the future.
Overall, American States Water stands out as a reputable and reliable company with a long history of success, strong financials, and a commitment to sustainability and community involvement.