San Jose Water Wins NARUC Water Industry Innovation Award
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San Jose, Calif., Nov. 12, 2018 –The National Association of Regulatory and Utility Commissioners (NARUC) has recognized San Jose Water, a subsidiary of SJW Group (NYSE: SJW), as this year’s water industry innovator.
San Jose Water was selected as the recipient for the prestigious annual honor for the innovative design-build approach it took to constructing its Montevina Ultrafiltration Water Treatment Plant and the substantial benefits the upgraded water treatment facility offers to the customers served by this plant.
“The project approach led to a progressive design and the implementation of leading edge technology and gave San Jose Water the largest ultrafiltration membrane treatment plant of its type in the United States,” said Eric W. Thornburg, SJW Group Chairman, President and CEO. “Our flexible design-build approach enabled us to manage budget and scope and thereby minimize the rate impact to San Jose Water customers.”
The Innovation Awards reflect NARUC’s commitment to promoting the exchange of knowledge and information that will benefit innovation in regulatory issues. The Awards recognize innovators in the various utility sectors.
San Jose Water serves more than 1 million people in San Jose, Campbell, Cupertino, Los Gatos, Monte Sereno and Saratoga. The regulated utility is a subsidiary of SJW Group, which also owns SJWTX, Inc. in the Texas hill country and SJW Land Company.
For more information about the Montevina Water Treatment Plant, check out this blog.
For more information about the NARUC Innovation Awards visit, https://www.naruc.org/committees/innovation/.
NARUC is a non-profit organization founded in 1889 whose members include the governmental agencies that are engaged in the regulation of utilities and carriers in the fifty States, the District of Columbia, Puerto Rico and the Virgin Islands. NARUC's member agencies regulate telecommunications, energy, and water utilities. NARUC represents the interests of State public utility commissions before the three branches of the Federal government.
About SJW Group
SJW Group is a publicly traded holding company headquartered in San Jose, California. SJW Group is the parent company of San Jose Water, SJWTX, Inc. and SJW Land Company. Together, San Jose Water and SJWTX, Inc. provide water service to more than one million people in San Jose, California and nearby communities and in Canyon Lake, Texas and the nearby communities. SJW Land Company owns and operates commercial real estate investments.
This press release may contain certain forward-looking statements including, but not limited to, statements
relating to SJW Group's plans, strategies, objectives, expectations and intentions, which are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of SJW Group to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking statements. Factors that may cause actual results, performance or achievements to materially differ are described in SJW Group's most recent reports on Form 10-K, Form 10-Q and Form 8-K filed with the Securities and Exchange Commission. SJW Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.