American States Water Company Comments on California's Drought Declaration

January 21, 2014 at 10:13 PM EST

SAN DIMAS, Calif.--(BUSINESS WIRE)--Jan. 21, 2014-- American States Water Company (NYSE: AWR) today announced that despite California’s statewide drought conditions and Governor Brown’s recent drought declaration, water supplies for each of the 38 water systems at its utility subsidiary Golden State Water Company (“GSWC”) are sufficient to continue providing its customers with reliable and quality water services. At this time, no water rationing is expected for GSWC’s water customers. However, as we have done in the past, GSWC will maintain active communication with its customers in the event it is required to implement water rationing and restrictions. The dry weather and drought conditions are important reminders for us all to use water wisely.

“Whether a wet or dry year, we believe it is always important to use water wisely,” said Robert J. Sprowls, President and CEO. Sprowls continued, “We have invested significant resources to help our customers conserve this precious resource.”

The Company will continue to monitor water supplies in each of the communities it serves and work closely with wholesale providers to ensure an adequate supply. We will continue to keep customers updated as these circumstances could change.

American States Water Company is the parent of Golden State Water Company and American States Utility Services, Inc. Through its utility subsidiary, Golden State Water Company, AWR provides water service to approximately 256,000 customers located within 75 communities throughout 10 counties in Northern, Coastal and Southern California. The Company also distributes electricity to over 23,000 customers in the City of Big Bear and surrounding areas in San Bernardino County, California. Through its contracted services subsidiary, American States Utility Services, Inc., the Company provides operations, maintenance and construction management services for water and wastewater systems located on military bases throughout the country through 50-year privatization contracts with the U.S. government.

Source: American States Water Company

American States Water Company
Eva G. Tang
Senior Vice President-Finance, Chief Financial Officer,
Corporate Secretary and Treasurer
Telephone: (909) 394-3600, ext. 707