American States Water Company (NYSE: AWR), founded in 1929 and headquartered in San Dimas, California, is a publicly traded utility holding company. The company operates primarily through two regulated segments—water and electric utilities—and provides non-regulated water system services. Over its history, American States Water has expanded its footprint through strategic acquisitions and organic growth, positioning itself as a reliable provider of essential services in its core territories.
Within its regulated water utility segment, American States Water serves more than 250,000 residential, commercial and industrial customers across 35 communities in six counties of California. Its flagship subsidiary, Golden State Water Company, manages water production, treatment and distribution systems, while American States Utility Services offers municipal contracting, infrastructure maintenance and emergency response services. These operations are subject to regulation by the California Public Utilities Commission, ensuring that rates and service standards meet state requirements.
The electric utility segment comprises a small, regulated distribution operation in southern California, serving approximately 24,000 customers through a network of local lines and transformers. Like its water business, the electric operation functions under the oversight of state regulators, providing transmission, distribution and related customer service functions. This segment complements the company’s water activities and contributes stable, rate-regulated revenues.
American States Water is overseen by a board of directors and an executive leadership team with extensive experience in utility operations and regulatory affairs. The company emphasizes capital investment in infrastructure reliability and environmental compliance, while maintaining customer service programs aimed at conservation and emergency preparedness. Through its regulated utility model, American States Water strives to deliver safe, high-quality water and electric service to its California communities.
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