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California Water Service Group (CWT) Q2 2021 Earnings Call Transcript

California Water Service Group (CWT) Q2 2021 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

Utility shutoffs to begin Aug 12

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... Jasmin Adams, customer service representative at New Mexico Gas Co., handles phone calls at a walk-in center in Santa Fe. Two New Mexico utilities say they plan to return to normal billing practices Aug. 12. (Eddie Moore/Albuquerque Journal) Copyright © 2021 Albuquerque Journal Thousands of New Mexico customers who are behind on electricity and gas payments will once again be at risk of being disconnected as soon as next month. A moratorium from the New Mexico Public Regulation Commission preventing utilities from disconnecting residential customers expired earlier this year, and a mandated 90-day transition period for investor-owned utilities and large gas companies is slated to end Aug. 12, according to PRC spokeswoman Sarah Valencia. Beginning that day, Valencia said, utilities are again free to shut off services for customers who can’t pay.

PNM customers with unpaid bills may face shutoffs

.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... The Public Service Company of New Mexico is urging thousands of customers to contact them before they lose power when a pandemic moratorium on electricity payments ends. PNM said Thursday more than 47,000 households have past-due bills that could lead to power shutoffs as soon as mid-August. “Disconnecting customers due to non-payment is not something PNM wants to do,” PNM Collection Manager Eric Morgan said in a news release. “As soon as August 12, we are looking at possibly disconnecting 500-600 customers statewide per business day, which is why it’s crucial customers contact us immediately.” ...................... Officials with the electricity provider say there are millions of dollars in financial assistance available but customers must contact them. PNM says for help paying your past-due bill, apply at PNM.com/help or call 855-364-2950 from 7:30 a.m. to 6 p.m. Monday through

FRI: Fraction Of Schools Relief Funds Budgeted For Learning Loss+ More

Fraction Of Schools Relief Funds Budgeted For Learning Loss –  Associated Press New Mexico schools plan to spend the bulk of the federal coronavirus relief money they ve received on technology and building upgrades rather than student learning loss. A report this week before the New Mexico Legislature s budget committee showed school districts and charters plan to spend 38% of the $490 million they received thus far on technology and HVAC systems. The Santa Fe New Mexican reported that schools plan to spend 9% of the funds on learning loss programs and 8% on interventions for at-risk students. The budget committee s program evaluation manager Micaela Fischer told lawmakers those numbers were surprising because students likely missed out on learning because of the shift to remote classrooms during the pandemic.

THURS: ABQ Biopark Welcomes New Baby Hippo, 3rd Body Found In Arroyo + More

ABQ Biopark Welcomes New Baby Hippo –  Associated Press The ABQ BioPark has a new family member. Zoo officials announced this week that Karen, a 19-year-old Nile hippopotamus, gave birth to a healthy baby on Monday. The zoo did not say the sex of the baby. But the hippopotamus exhibit will be open on a limited basis so that mother and baby can bond. According to the zoo, some guests actually got to see the birth as Karen delivered in the water in the exhibit. The calf is her third with 47-year-old Moe. Zoo managers said in a statement the pregnancy was a surprise because Karen was on birth control. Still, everyone is delighted.   

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