Contract
Posted on 5/9/2026
Regulated water utility serving California communities
$119k - $171.8k/yr
San Jose, CA, USA
In Person
Temporary, 1-year assignment in San Jose; some overnight stays during district site visits.
California Water Service Group provides water and wastewater services to about 2 million people across 100 communities. Its largest unit, California Water Service (Cal Water), serves 492,600 customer connections in 23 districts and is the biggest regulated utility west of the Mississippi. The group also includes Washington Water Service, New Mexico Water Service, Texas Water Service, and Hawaii Water Service, combining regulated and non-regulated operations. How it works: it manages water systems to treat, store, and deliver clean drinking water and collect and treat wastewater through its network of districts and service connections. What sets it apart: it is the largest regulated water utility in its region and runs a broad, multi-state portfolio of regulated and non-regulated services, giving it scale and geographic reach. Its goal: to be the leading provider of water and wastewater services by delivering quality, reliable service and value to customers.
Company Size
501-1,000
Company Stage
IPO
Headquarters
San Jose, California
Founded
1926
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Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Flexible Work Hours
Remote Work Options
Paid Vacation
Paid Holidays
Hybrid Work Options
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Mental Health Support
Gym Membership
Phone/Internet Stipend
Home Office Stipend
Professional Development Budget
Conference Attendance Budget
Family Planning Benefits
Fertility Treatment Support
Stock Options
Company Equity
Adoption Assistance
Parental Leave
Childcare Support
Pet Insurance
Meal Benefits
Relocation Assistance
Tuition Reimbursement
Professional Certification Support
Mentorship Program
Training Programs
Education allowance
Elder Care Support
Relocation Assistance
California Water Service has received a proposed decision from the California Public Utilities Commission on its 2024 General Rate Case, outlining rate increases for 2026, 2027 and 2028, along with updated cost-recovery mechanisms and a new sales reconciliation framework for its largest subsidiary. The proposed decision would provide California Water Service with clearer multi-year visibility on regulated revenues and enhanced tools to recover fixed costs despite water demand volatility. The company's narrative projects $1.1 billion revenue and $187.9 million earnings by 2028, requiring 3.9% yearly revenue growth. Whilst the proposal reduces near-term regulatory uncertainty, the final vote and potential changes remain key catalysts. Simply Wall St Community members value the company between $40.05 and $60.39 per share, reflecting differing views on regulatory clarity versus ongoing cost pressures.
California Water Service Group reported Q4 2025 earnings of $0.19 per diluted share, down from $0.33 in Q4 2024, due to severe December storms affecting the West Coast. Revenue was $220 million compared to $222 million in the prior year period. For the full year, the company achieved record capital investments of $517 million and maintained its A+ stable credit rating from S&P. California Water increased its annual dividend by 10.7% in 2025, followed by an 8% increase in 2026, marking its 59th consecutive annual dividend increase. The company announced two significant acquisitions: Nevada and Oregon operations from Nexus Water for approximately two times rate base, adding 36,000 equivalent residential units, and completion of its Texas joint venture BVRT Holdings purchase. The acquisitions will expand California Water's footprint to eight states and are expected to be accretive within the first year.
SAN JOSE, Calif., Oct. 01, 2025 (GLOBE NEWSWIRE) -- California Water Service Group (Group, NYSE: CWT) today announced the sale of $170,000,000…...
SAN JOSE, Calif., Aug. 07, 2023 (GLOBE NEWSWIRE) -- California Water Service (Cal Water) has completed the purchase of Skylonda Mutual Water Company’s water system assets, following approval by the California Public Utilities Commission (CPUC) last summer. Cal Water is the largest subsidiary of California Water Service Group (NYSE: CWT). Cal Water’s Bear Gulch District, which is adjacent to the Skylonda system, will now provide water utility service to Skylonda’s 156 customer connections. The Bear Gulch District already serves about 61,000 people through approximately 19,000 service connections in Portola Valley, Woodside, Atherton, and portions of Menlo Park, Redwood City, and San Mateo County. Cal Water intends to invest in Skylonda’s water infrastructure to help it remain safe and reliable for customers’ everyday needs and firefighters’ emergency needs