The Company took proactive measures to enhance water quality by constructing ultraviolet light and ion exchange treatment facilities. These facilities successfully removed perchlorate and NDMA from the water supplied to shareholders, ensuring a safe and reliable water source.
In partnership with other water utilities, the Company reached a pivotal settlement with the parties found responsible for water contamination in the Main San Gabriel Basin. Known as the Baldwin Park Operable Unit Project Agreement, this landmark settlement became part of the nation’s largest Super Fund clean-up site.
As a result, the Company was reimbursed for capital investments in treatment technologies, along with 100% of operation and maintenance expenses for the treatment facilities from 2001 to 2027. This compensation led to substantial cost savings for shareholders, amounting to approximately $150 per acre-foot on all delivered water.