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.

American States Water company's business model can be described as a vertically integrated water and utility service provider. The company operates through its three main subsidiaries: Golden State Water Company, American States Utility Services, Inc., and Chaparral City Water Company.
Golden State Water Company provides water utility services to over 1 million customers in California and distributes, purchases, and stores water for residential, commercial, industrial, and irrigation purposes.
American States Utility Services, Inc. operates as a military utility services contractor, providing water and wastewater services to the United States government at various military installations across the country.
Chaparral City Water Company provides water utility services to customers in Arizona.
The company's business model relies on a combination of regulated and non-regulated services. This allows American States Water to generate stable revenues through its regulated water utility services and potentially higher returns through its non-regulated services. The company also focuses on operational efficiency, reliability, and customer satisfaction to maintain its competitive edge in the market.
In addition, American States Water pursues growth opportunities through strategic acquisitions and investments in water infrastructure. This helps the company expand its customer base and presence in new markets.
Overall, American States Water's business model is centered on providing essential and reliable water and utility services to its customers while maintaining a sustainable and profitable operation.

1. The American States Water Company is one of the largest publicly traded water and wastewater utilities in the United States.
2. The company was founded in 1929 as the Southern California Water Company and has since expanded to serve over 260,000 customers in California and Arizona.
3. American States Water has a history of supporting drought mitigation efforts and has been recognized for its water conservation and usage reduction programs.
4. The company’s subsidiary, Golden State Water Company, was the first water utility in California to achieve certification as a Sustainable Water Utility by the American Water Works Association.
5. American States Water has a strong commitment to renewable energy and has invested in solar panels and other renewable energy sources to power its operations.
6. In addition to providing water and wastewater services, the company also offers electric services through its subsidiary, Bear Valley Electric Service.
7. American States Water is committed to giving back to the communities it serves and has donated over $2 million to local charities and organizations through its philanthropic program, Project H2O.
8. The company is a leader in utilizing advanced technology to improve efficiency and reduce costs. It has implemented intelligent water networks and advanced metering infrastructure to better manage resources.
9. American States Water has a strong record of sustainability and has been recognized for its environmental and social responsibility efforts by organizations such as the Dow Jones Sustainability Index and the Carbon Disclosure Project.
10. The company has consistently been named one of the 100 Best Corporate Citizens by Corporate Responsibility Magazine for its commitment to ethical business practices and community involvement.
See Company Due Diligence: