California American Water (CAW) recently executed a binding Memorandum of Understanding (MOU) to acquire Meadowbrook Water Company of Merced, Inc.’s operating assets and assume responsibility for providing domestic water services in Meadowbrook’s Merced County service area. CAW’s acquisition of this investor-owned Class C Water Utility will add approximately 1,650 new water service connections to its current California customer base of approximately 183,000 and a total population served of about 600,000 people.
“With this transition, Meadowbrook customers will have access to expanded services,” said CAW’s Director of Northern California Operations S. Audie Foster. “These include a 24-hour customer service center, web self-service, paperless billing, robust conservation and water efficiency programs and rebates and the H2O Help to Others Program, which provides Low Income Rate Assistance to customers on low fixed-incomes and families facing financial hardships.”
“This is most certainly a positive step in securing long-term quality service for our current and future customers at Meadowbrook,” said Meadowbrook Water Company Chief Executive Officer David Walker.
The two water companies anticipate filing an application this fall seeking approval from the California Public Utilities Commission with the final transfer of Meadowbrook’s operations to occur in spring 2017.