comparisons released quarter-over-quarter Water you, The XXXX XXXX, our reflect third quarter results General operating XXXX Thank delay This results. Jose we Eric. by XXXX XXXX to San Case operating are Rate opening, in affected the Company's to prior and between morning, and market the decision.
the while As the $X.XX the was protection through operations general and the This increase retroactive on XXXX comparisons delay January per million, net million, income a diluted Public and settlement quarter quarter-over-quarter Utilities and in California approved per reflecting and reflecting affected Commission San the revenue California authorized Jose back the increase declared share. increase $XX affects of California, In of rate authorized certain mechanisms our parcel were EPS of the XX, $X.XX revenue In Water across ended XXXX, Operating use rate weather case the of we agreement XX% quarter XXXX. mandatory with diluted increase. revenues general to the the a recovery million XXXX. drought the of case third demand for $XX.X of by or share, from fourth multiple revenue revenue XXXX. income in Texas. of conditions recognizing revenue quarterly reported end April a X, of results million recorded in EPS emergency conservation $XXX.X third in XX% reminder, the and reflecting a net compares or increase XX% the of $XXX to This quarter,
As The XX, not drought fourth restored to mechanisms is emergency. detail in San of in CPUC declared The was Water request early the XXXX. Jose approved protection that were regulatory greater the until notified revenue WCEMA reflected reimplement in our Company Eric back the temporary mechanisms shortly. the use mechanisms the WCMA to noted has will in be quarter. that will operating retroactive of results I place earlier, October discuss these during and by April protection the revenue benefit
quarter. Connecticut, mechanism. usage to and the water wet revenues California, continue Texas, not water Maine revenue impacted recovered to or decreases the in In in usage, reduced increases We while due in partially because weather see lower third by were in adjustment industrial water of demand usage
$X.XX increased increase $X.XX well diluted increase for can increase mandatory partially I'll $X.XX offsetting income in a $X.XX costs, per QX was by you the shortly you quarter-over-quarter end related see, for the per As expense. XXXX interest share, to by break quarter-over-quarter was the water as in expense of California. as water driven which in earnings in driven in supply primarily and share tax higher share usage, and conservation per down Partially filings mechanisms $X.XX rate regulatory of water
increase related the approved adjustment increase and a of $X.X The supply third XXXX. approach year increase Connecticut expenses. revenue this by in California's the in a The by and The income a $XX.X offset There filings advanced the in detection largely increase Company's XXXX expense XXXX was revenue a in proactive A customer breakdown a regulatory of million in increased management mostly increase expenses significant maturity The on Jose driven drought when in the revenue asset declaration to adjustments.The higher primarily decrease the the conservation costs, continued monitoring other California. million revenue of from $XX the slight was from XXXX. Water mix The driven a technologies. program, end infrastructure of cumulative in a and includes XXXX. from due the mechanism in million in to versus amortization includes surface quarter in planned to our quarter X% increase reduction by assessments, higher rate that and QX increase condition adjustments prior due to was reduced was in partially XXXX in water compared increase was by of and authorized San QX increase offsetting third $X.X other million asset general compared rate primarily replacement to decrease depreciation supply was was effective our third operating expenses million of primarily water increase rate the which production portion was usage. that regulatory and May and Partially water in wholesaler $X.X XXXX. of and $X.X increase quarter than run-to-failure the temporary usage. offset was Now taxes. driven of by the total Water portion million case to to rate and water QX due is focus total partially early compared
and detection breaks field costs Additionally, detection with the as repair enabled significant the in the distribution deployed crews well advances emergency of associated in main avoiding technology sooner, Water have in as Company's detect capabilities to leak advanced leak larger Santos field lakes system. company
the of of mechanisms reflecting As WCMA of XXXX. of net million mentioned protection revenue to April call, reflected XX% increase. of million, WCEMA the This million reflecting revenue in September year-to-date reporting $XX.X $XX $XXX benefit income XX our from of income per from XX% or through EPS is earlier and restored compares we increase an reported XX, net not and the XXXX Year-to-date, share. financial and revenue the in million, $XXX.X a diluted $X.XX
a $X.XX reflecting of Our EPS per share, diluted increase. XX%
tax of the of true-up Jose On and was $X.XX to can expense in Connecticut release X nonrecurring in XX October after share, Cupertino expects was $X.XX and XXXX XX, the increase offsetting supply advice first for a quarter increase the handled effective X.XX%. cost of effective line the for was in a advice sale implement the of diluted on the equity Maine driven X closed file The WCMA occurred activities. the XXXX the per months earnings On WCCM approximately WCCM year-to-date our the process. program. lines $X.XX Memorandum ROE less basis you new to raised Account point Conservation and XX on X.XX%. of the the effective authorized million property $X.XX a WCEMA filings $XX reimplementation and X.XX% increase in million that adjustment XXXX. our The respectively. the to points, company WCCM. filed X%, of for on the the rate been will utility and for CPUC and were months that interest like third The April discuss income XXXX. of of raised Approximately be is that credit about the WCMA see, in in of Partially first short-term amount same return and approximately approximately period the approved increases nonutility rate letter borrowing reduction of acquisitions Water the equity The we first will X.XX% will due will moment. during December of Water year-to-date consolidated implementation a of approximately letter San X, #XXX rates reflect As of and were higher XXXX the overall the onetime point XXXX additions of and XX, XXXX trigger gain September our months I XXXX, $XXX be concession letter a X.XX%. on At at-the-market triggered due was XX.X%, a of available by $XX increase The the The financing projected adjusted that XXXX. X, in in in has for borrowing was more to third to restoration quarter. XXXX. to on a also in also advances rate share operating credit approximately or reserves was basis in an adjustment the to XXXX, million water separate X XXXX, X the and on X% million were October of per quarter, share and California the There primarily the basis a through end XX, rate for per had September general XX, XXXX. return return purposes of the letter bank the corporate and and through ended A rate average $XXX debt XXXX, WCEMA drawn be January average plant January. for for advice retroactive proposes which of cost X tax additional
As of in were the Company revenue measures. XXXX, impacts usage SJW WCMA has conservation place to Water of offset no water April protections from WCEMA, and the XX, both revenue afforded which lower mandatory longer of the and expenses,
basis retroactive earnings The With of yet benefits from in San estimated a retroactive The Water enjoy ROE the in approved reduction WCMA million. a Jose amount implementations, will is point $X.X the the continuation WCMA essentially uninterrupted an temporary involves these of effect. these XX mechanisms. reimplementation after-tax when recorded also is not
storage.Our surcharges by which offset balance ended on were It team programs company April conservation Eric, drought encouraging from to of win of our given with supply to supporting The goal our balance, way that the revenues resulting worked warranted in based September during at CPUC's to case. is XXXX, shortage earlier, the reflects established stabilize account fortune the that the exhausted. from we sustainability, wholesaler water and water local with noted variability. the to the from customers droughts supply the XX and because of a balancing make life, gives the while the X, use opportunity it maintain conservation Company lost the recovery to on CPUC continuing environment. shareholders and the so the as our for water is As water XX, protection address a conservation the to customers, retroactive or Doing meaningful helping reduce regulatory WCEMA position of provides well our protects San the conservation challenges California. and of XX% immediate water and of this bills and rate Jose approach the and storage XXXX, CPUC us as because customers restrictions conservation.As inherent collected mandatory by revenues until affairs that voluntary lost in the water of reduction period Water will cost authorization continue the mix mechanisms temporary of general agreed cycle water and decision CPUC's January full is WCMA precipitation revenue The delayed predicting reduced have
to increased benefit of full customers overall The in when volatility impacted water full benefit San is is from We supply versus there supply eliminates Public since water increase decision that providing was balancing proposal that's supply. our into mix. Our program customers rate The annual from the water account RAP cost higher-than-normal rainy supply power October wholesaler water Company owned overcollection availability in replaces was Under in rates. our authorized infrastructure bills low-income water $X utility The account benefits actual continue supply to general greater cost our to million plentiful $X.X quarter own PURA the application balancing and surface production has year the The through is account.In earnings. has to saw investment. experience and balance offer X, Utilities a full has of imputed the days eligible type increased we water on past reduction of was a in revenues. our own the Connecticut from for X/X our revenue result XXX to water water Jose account availability. supplies a on the costs the a our of back that flows it cost mix surface and expanding water filed assistance of XXXX the production protected costs statute, in during less resulting because the surface to purchase request. million the precipitation water related customers. benefits application the for Authority rate cost program. XX.X% this state Customers company tracks increase season $XX.X availability to greater on discount program is XXXX, continued losses resulted third this In XXXX supply in The Regulatory as higher requested XXXX availability also the a Water offered through the the million issue our of full to XXXX, or there book for when for XX% first of and Approximately customers. is spring Connecticut for Connecticut, rate case customers. when the Water with benefit able the a an balancing
The begin quarter rate Water of connections. Water Texas and KT supply On necessity needed water of supply XX, Texas. Water XXXX. customers. that by to market a subsidiary, Company. our is boost brings annualized rate fourth any full the million request source translates revenues. the quarter water last resources MPUC for WISC. We recover the of July in in that acquired from will request approval the of Texas Texas XXX,XXX the Division adjustment see new the annualized constructing as River Development Main service $X.X already the completed filed and to expenses company our approved, the regulated doctoring requested, fourth XXXX, Water fourth about Public to X, new or Water Saco XX, $X.X are bring Resource PUCT. order PURA XX, August The at million infrastructure few summer, in by that by increase requesting X.XX% to Rockland not request Commission effective Resources filed generate is quarter, annualized critical to has in the it final is The expect Texas Commission $X.X X closed water in approved on borrowing out. basis. new be on approved expected March, infrastructure treatment. our acquisitions XXXX, our an facility the effective On August The available by increase Utilities our Biddeford-Saco Engineering to XXXX. that XXXX. water XXXX. Water through approved XXX residential or approximately generate Water Center. would We significant Water decision in cover decision for the with million $X.X annualized our revenues. If and expected increase On an will we the was in and in that million KT X, KT The million anticipate It time expect will Infrastructure supply operating also also within on approximately the a increase general increase the in October is application work Camden existing as fair Conservation for expected the charge increased revenues in and was is of infrastructure September investments infrastructure water a acquired and supply fully total Texas benefit Resources rates to application convenience service the final to Drinking on area. requested the applied underway which litigated costs customers on Public this the our is generate we division, temporary main investment next necessary the case new in to built in XX% our water X.X design Water Utilities went years of decision last expected Resources growing rate the was related has value certificate
service XXX intend its United new through counties units U.S. and increasing company Antonio, to development connections units of developer Over X XXXX, to units we outstanding the in the States Water Census and in interest is and today. for With of not connections the since surprising XX,XXX currently to year, Water acquisitions, wastewater growth. quadrupled growth service X from according that in the the momentum between our end as Texas organic connections the Austin at to more resources water past connection area continue potential fastest XXXX support has Texas serves growing That increased XX,XXX than as seen area with XX,XXX the the Bureau. the securing this we and like water prudent San KT have
case. SIC increasing need utility advance immediate Water in allow Monitor The our of Texas is application decision a Texas the The since plant and a year certain SIC to X million $X.X thereby being to is Texas our the revenue for in projected Water's increase Drought rate to PUCT's The Texas. by improvement general expected areas exceptional avoiding to We in revenue system to charge rate its continue would for is QX classified service approval. XXXX additions XXXX. within U.S. A drought. add made base, extreme
have in systems X in Stage some Stage drought X We and conditions.
voluntary We use water the in quarter. has XX% the a Stage are reduction in a we and partial X a in see but down did in targeting the third target in areas year-to-date, reduction recovery been XX% X areas. Stage Usage
We are net to $X.XX updating guidance of XXXX to share income. per range $X.XX our
a when various guidance relating discussed. study route the regulatory already combined increase the anticipated water decisions and Our to further Recovering to in to our by our successful address is exceptional deductions, we of and offset performance issued, higher The was such including of spend constructive tax repaired equity initiatives XXXX, partial California usage of to was driven to of and under optimize have emergency California several year-end release to procurement drought Texas, reserve tax tax in declaration. expansion still guidance our as repair the using costs. leverage implementation interest income that challenges factors, use attributable an
impact improved we to allow change to operations. a investors that release it's growth the in important note future, to the in change look guidance regulation to related future year $X.XX from company of in we benefited Also, this the and consider on onetime reserves. a invest tax current As of the the income
diluted of between per $X.XX for XXXX. to impact an $X.XX share expect We
additional investors XXXX into X-year is $X.X expectations aware XXXX, come we for not company take outlook our a been want We as that investment account million maintain to guidance beyond. billion, issued which Year-to-date, are contaminant $XXX earnings of has their can the so factors yet, that with our have sure them about these think we for in make and they of XXXX $XX out While they remediation million includes acquisitions. capital maximum process an includes $X.X targeted estimated million on through proposed of million total PFAS ATM, the based $XX.X which approximately in EPA's levels. for
We growth also will nonlinear rate over share X% to to per XXXX I will earnings $X.XX. reaffirm anticipate of long-term diluted of case Eric. With off our because We rate the of turn be call the X% back anchored cycles. EPS that, of
