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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): May 24, 2001
AMERICAN STATES WATER COMPANY
(Exact Name of Registrant as Specified in Charter)
California 333-47647 95-4676679
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(State or Other (Commission File (IRS Employer
Jurisdiction of Number) Identification No.)
Incorporation)
630 East Foothill Boulevard San Dimas, California 91773-9016
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (909) 394-3600
Not Applicable
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(Former Name or Former Address, if Changed since Last Report)
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ITEM 7. EXHIBITS
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits
99.1 Press Release dated May 25, 2001, of the Registrant.
ITEM 9. REGULATION FD DISCLOSURE
Attached hereto as Exhibit 99.1 and incorporated herein by reference, is
a copy of a press release to be issued by American States Water Company on May
25, 2001.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
AMERICAN STATES WATER COMPANY,
a California corporation
May 24, 2001 By: /s/ McCLELLAN HARRIS III
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McClellan Harris III
Chief Financial Officer, Vice President - Finance,
Treasurer and Corporate Secretary
(Principal Financial Officer)
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EXHIBIT INDEX
99.1 Press Release dated May 25, 2001, of the Registrant.
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EXHIBIT 99.1
CONTACT: McClellan Harris III - Vice President and Treasurer
Telephone: (909) 394-3600, ext. 705
FOR IMMEDIATE RELEASE .........
AMERICAN STATES WATER COMPANY
ANNOUNCES
ACTIONS BY THE CALIFORNIA PUBLIC UTILITIES COMMISSION
San Dimas, California, May 25, 2001 . . . American States Water Company
(NYSE:AWR) announced that the California Public Utilities Commission (CPUC), by
5-0 vote, authorized an increase in rates at the Bear Valley Electric customer
service area of its Southern California Water Company subsidiary to recover $2.4
million in deferred electric power costs. The amount will be recovered from
customers over a five-year period.
Commenting on the CPUC's decision, Floyd E. Wicks, President and CEO,
stated, "Today's actions by the CPUC mark the first step in recovery of past
costs for electric power purchased to serve our Bear Valley Electric customer
service area. We have two other filings pending before the CPUC that, will allow
recovery of other past costs as well as costs on a current basis."
American States Water Company is a holding company that through its
Southern California Water Company subsidiary provides water service to 1 out of
30 Californians located within 75 communities throughout 10 counties in
Northern, Coastal and Southern California. The Company also distributes
electricity to approximately 22,000 customers in the Big Bear recreational area
of California. Another subsidiary, Chaparral City Water Company, provides water
service to approximately 11,100 customers in the City of Fountain Hills, Arizona
and portions of Scottsdale, Arizona.
Certain matters discussed in this news release with regard to the
Company's expectations may be forward-looking statements that involve risks and
uncertainties. The assumptions and risk factors that could cause actual results
to differ materially include those described in the filings of the Company with
the Securities and Exchange Commission. The Company does not undertake any
obligation to publicly update or otherwise revise any forward-looking statement.