XML 42 R30.htm IDEA: XBRL DOCUMENT v3.25.2
Regulatory Matters - Regulatory Assets, Net (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Dec. 31, 2024
Regulatory assets:    
Total regulatory assets $ 245,276 $ 242,227
Less: current regulatory assets 12,626 18,172
Total regulatory assets, less current portion 232,650 224,055
Regulatory liabilities:    
Total regulatory liabilities 508,982 484,841
Less: current regulatory liabilities 2 1,122
Total regulatory liabilities, less current portion $ 508,980 483,719
Minimum    
Regulatory assets:    
Estimated service lives of assets 5 years  
Maximum    
Regulatory assets:    
Estimated service lives of assets 100 years  
Cost of removal    
Regulatory liabilities:    
Total regulatory liabilities $ 379,624 364,398
Future income tax benefits due to customers    
Regulatory liabilities:    
Total regulatory liabilities 83,326 84,128
Unrecognized pensions and other postretirement benefits    
Regulatory liabilities:    
Total regulatory liabilities 27,696 27,872
PFAS legal settlement proceeds    
Regulatory liabilities:    
Total regulatory liabilities 6,352 0
Employee benefit costs    
Regulatory liabilities:    
Total regulatory liabilities 4,933 1,137
Water supply costs    
Regulatory liabilities:    
Total regulatory liabilities 4,405 3,386
Revenue adjustment mechanisms    
Regulatory liabilities:    
Total regulatory liabilities 2 1,122
Other    
Regulatory liabilities:    
Total regulatory liabilities 2,644 2,798
Future income tax benefits due to customers    
Regulatory assets:    
Total regulatory assets 185,239 180,103
Monterey Water Revenue Adjustment Mechanism (“MWRAM”)    
Regulatory assets:    
Total regulatory assets 14,753 9,985
Business combinations debt premium    
Regulatory assets:    
Total regulatory assets 11,043 12,313
Employee benefit costs    
Regulatory assets:    
Total regulatory assets 6,144 6,370
Revenue adjustment mechanisms    
Regulatory assets:    
Total regulatory assets 5,780 5,024
Customer Assistance Program ("CAP") balancing account    
Regulatory assets:    
Total regulatory assets 4,686 6,599
Unrecognized pensions and other postretirement benefits    
Regulatory assets:    
Total regulatory assets 1,506 3,177
2022 general rate case interim memorandum account    
Regulatory assets:    
Total regulatory assets 1,106 3,392
Other    
Regulatory assets:    
Total regulatory assets $ 15,019 $ 15,264