{"id":840655,"date":"2025-04-23T09:39:43","date_gmt":"2025-04-23T13:39:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/"},"modified":"2025-04-23T09:39:43","modified_gmt":"2025-04-23T13:39:43","slug":"global-water-resources-granted-rate-increase-for-gw-farmers-utility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/","title":{"rendered":"Global Water Resources Granted Rate Increase for GW-Farmers Utility"},"content":{"rendered":"

\nNew Rates Expected to Generate Approximately $1.1 Million Increase in Annual Revenue
\n<\/h2>\n
\n

PHOENIX, April 23, 2025 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has received approval from the Arizona Corporation Commission (ACC) to establish new water rates for its Global Water – Farmers Water Company, Inc. (GW-Farmers) utility located in Pima County, Arizona.<\/p>\n

The approved new rates are expected to result in an approximately $1.1 million increase in annual revenue based on 2023 test-year service connections.<\/p>\n

GW-Farmers will implement the rate increase in three stages: 50% on May 1, 2025, 25% on November 1, 2025, and the remaining 25% on May 1, 2026.<\/p>\n

In addition to the rate increase, the ACC approved a deferral of the recovery of an acquisition premium of approximately $3\u00a0million related to the company\u2019s acquisition of GW-Farmers, which will be recovered in a future rate case.<\/p>\n

\u201cThe additional revenue generated by the new rates will support our efforts to improve GW-Farmers for the benefit of its customers and the broader Sahuarita community,\u201d said Global Water chief operating officer, Chris Krygier. \u201cThe improvements will help us maintain our high-quality of water services for the many customers that we have the great privilege to serve.\u201d<\/p>\n

GW-Farmers service area covers the Town of Sahuarita, located 15 miles south of\u00a0Tucson, as well as unincorporated areas within the county.<\/p>\n

As of the end of 2024, GW-Farmers served 3,494 active water connections covering approximately 21.0 square miles of service area. The utility represents 5.4% of Global Water\u2019s total active service connections.<\/p>\n

\n About Global Water Resources<\/strong>\n <\/p>\n

Global Water Resources, Inc. is a leading water resource management company that owns and operates 32 systems which provide water, wastewater, and recycled water service. The company\u2019s service areas are located primarily in growth corridors around metropolitan Phoenix and Tucson. Global Water recycles over 1 billion gallons of water annually with 17.7 billion gallons recycled since 2004.<\/p>\n

The company has been recognized for its highly effective implementation of Total Water Management (TWM). TWM is an integrated approach to managing the entire water cycle that involves owning and operating water, wastewater and recycled water utilities within the same geographic area in order to maximize the beneficial use of recycled water. It enables smart water management programs such as remote metering infrastructure and other advanced technologies, rate designs, and incentives that result in real conservation. TWM helps protect water supplies in water-scarce areas experiencing population growth.<\/p>\n

Global Water has received numerous industry awards, including national recognition as a \u2018Utility of the Future Today\u2019 for its superior water reuse practices by a national consortium of water and conservation organizations led by the Water Environment Federation (WEF). The company also received Cityworks\u2019 Excellence in Departmental Practice Award for demonstrating leadership and creativity in applying public asset management strategies to daily operations and long-term planning.<\/p>\n

To learn more, visit www.gwresources.com<\/a>.<\/p>\n

\n Company Contact:<\/strong>
\n
Michael Liebman
CFO and SVP
Tel (480) 999-5104
Email Contact<\/a>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n

\n Investor Relations Contact:<\/strong>
\n
Ron Both or Grant Stude
CMA Investor Relations
Tel (949) 432-7566
Email contact<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

New Rates Expected to Generate Approximately $1.1 Million Increase in Annual Revenue PHOENIX, April 23, 2025 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has received approval from the Arizona Corporation Commission (ACC) to establish new water rates for its Global Water – Farmers Water Company, Inc. (GW-Farmers) utility located in Pima County, Arizona. The approved new rates are expected to result in an approximately $1.1 million increase in annual revenue based on 2023 test-year service connections. GW-Farmers will implement the rate increase in three stages: 50% on May 1, 2025, 25% on November 1, 2025, and the remaining 25% on May 1, 2026. In addition to the rate increase, the ACC approved … <\/p>\n

Continue reading “Global Water Resources Granted Rate Increase for GW-Farmers Utility”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-840655","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGlobal Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New Rates Expected to Generate Approximately $1.1 Million Increase in Annual Revenue PHOENIX, April 23, 2025 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has received approval from the Arizona Corporation Commission (ACC) to establish new water rates for its Global Water – Farmers Water Company, Inc. (GW-Farmers) utility located in Pima County, Arizona. The approved new rates are expected to result in an approximately $1.1 million increase in annual revenue based on 2023 test-year service connections. GW-Farmers will implement the rate increase in three stages: 50% on May 1, 2025, 25% on November 1, 2025, and the remaining 25% on May 1, 2026. In addition to the rate increase, the ACC approved … Continue reading "Global Water Resources Granted Rate Increase for GW-Farmers Utility"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T13:39:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Global Water Resources Granted Rate Increase for GW-Farmers Utility\",\"datePublished\":\"2025-04-23T13:39:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/\"},\"wordCount\":491,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/\",\"name\":\"Global Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=\",\"datePublished\":\"2025-04-23T13:39:43+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=\",\"contentUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Global Water Resources Granted Rate Increase for GW-Farmers Utility\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Global Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/","og_locale":"en_US","og_type":"article","og_title":"Global Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk","og_description":"New Rates Expected to Generate Approximately $1.1 Million Increase in Annual Revenue PHOENIX, April 23, 2025 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has received approval from the Arizona Corporation Commission (ACC) to establish new water rates for its Global Water – Farmers Water Company, Inc. (GW-Farmers) utility located in Pima County, Arizona. The approved new rates are expected to result in an approximately $1.1 million increase in annual revenue based on 2023 test-year service connections. GW-Farmers will implement the rate increase in three stages: 50% on May 1, 2025, 25% on November 1, 2025, and the remaining 25% on May 1, 2026. In addition to the rate increase, the ACC approved … Continue reading \"Global Water Resources Granted Rate Increase for GW-Farmers Utility\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-23T13:39:43+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Global Water Resources Granted Rate Increase for GW-Farmers Utility","datePublished":"2025-04-23T13:39:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/"},"wordCount":491,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/","name":"Global Water Resources Granted Rate Increase for GW-Farmers Utility - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=","datePublished":"2025-04-23T13:39:43+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#primaryimage","url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU=","contentUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzA0NSM2ODk5OTgwIzIwODEwMDU="},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/global-water-resources-granted-rate-increase-for-gw-farmers-utility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Global Water Resources Granted Rate Increase for GW-Farmers Utility"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/840655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=840655"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/840655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=840655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=840655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=840655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}