California, August 20, 2025
News Summary
California American Water has finalized the acquisition of Bass Lake Water Company, which serves around 1,000 customers. This acquisition, approved by the CPUC, marks the company’s eighth purchase in five years, enhancing their services in California. The transition for Bass Lake customers will take place on August 19, 2025, allowing them access to California American Water’s online account management tools. This strategic move aims to improve water service infrastructure and customer support.
California – California American Water has completed the acquisition of the Bass Lake Water Company, providing water service to approximately 1,000 customers in the Bass Lake area. The California Public Utilities Commission (CPUC) approved the purchase prior to the acquisition’s finalization, which underscores California American Water’s ongoing commitment to expanding its service footprint.
Service for the Bass Lake customers is set to officially transition to California American Water on August 19, 2025. The company has committed to ensuring a smooth transition by sending out additional information by mail to affected residents as the date approaches. One of the key enhancements for these customers will be access to California American Water’s online account management portal called MyWater, facilitating easier bill management and service requests.
California American Water has positioned itself as a growing entity in the state’s water sector, marking this acquisition as its eighth purchase in the past five years. Since 2020, the company has successfully added over 13,000 water and wastewater customers through various acquisitions. This growth strategy is part of a broader plan to enhance water service infrastructure across California, further bolstered by California American Water’s affiliation with its parent company, American Water.
American Water, the largest regulated water and wastewater utility company in the United States, serves more than 14 million people across 14 states and 18 military installations. California American Water itself currently provides services to around 700,000 people in California. The company is recognized for its stable financial performance, with its parent reporting a market capitalization of $29.35 billion and maintaining a consistent dividend payment history for 18 years.
According to industry experts, the acquisition of the Bass Lake Water Company not only expands California American Water’s customer base but also enhances the expertise needed to manage the newly acquired water treatment plant and implement essential infrastructure improvements that are vital for maintaining water quality and reliability in the region.
This move is seen as a proactive step to modernize the aging infrastructure and increase operational efficiency in the water delivery system, addressing the growing demands for quality water service in California. The acquisition reflects California American Water’s objectives of delivering high-quality water services and improving customer support in the areas it operates.
Summary of Acquisition Details
- Acquisition Date: Finalized
- New Service Transition Date: August 19, 2025
- Customer Base Gained: Approximately 1,000
- CPUC Approval: Yes
- Previous Acquisitions: Eighth in five years
- Total Customers Added (2020-present): Over 13,000
- Parent Company: American Water
- California American Water Customers: Approximately 700,000
- Market Capitalization: $29.35 billion
Conclusion
The acquisition of the Bass Lake Water Company by California American Water not only expands the utility’s customer service offerings but also aims to improve the infrastructure needed to deliver essential water services to its new customers. As the transition date approaches, residents can expect clear communication and access to improved online services.
FAQs
- When will the transition to California American Water take place?
- The transition will begin on August 19, 2025.
- How many customers are being served by the Bass Lake Water Company?
- Approximately 1,000 customers will be served.
- What is the significance of this acquisition?
- This acquisition expands California American Water’s service area and customer base, while enhancing expertise in water service operations.
- How will residents receive information about the transition?
- Residents will receive additional information by mail as the transition date approaches.
- What tools will be available to Bass Lake customers post-acquisition?
- Bass Lake customers will gain access to California American Water’s online account management portal, MyWater.
Deeper Dive: News & Info About This Topic
- Investing.com: California American Water Completes Acquisition of Bass Lake Water Company
- MarketScreener: American Water Works Subsidiary Completes Acquisition of Bass Lake Water System
- GuruFocus: California American Water Completes Acquisition of Bass Lake Water Company
- Wikipedia: Water Supply and Sanitation in the United States
- Google Search: California American Water
Author: Anaheim Staff Writer
Anaheim Staff Writer The Anaheim Staff Writer represents the experienced team at HEREAnaheim.com, your go-to source for actionable local news and information in Anaheim, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as major conventions at the Anaheim Convention Center, including NAMM and VidCon, exciting games at Angel Stadium and Honda Center, and developments at Disneyland Resort Our coverage extends to key organizations like the Anaheim Chamber of Commerce and Visit Anaheim, plus leading businesses in hospitality, entertainment, and innovation that power the local economy As part of the broader HERE network, including HERECostaMesa.com, HEREHuntingtonBeach.com, HERESantaAna.com, and HERELosAngeles.com, we provide comprehensive, credible insights into Southern California's dynamic landscape.
