ALJ/DUG/oma Date of Issuance 11/23/2009

Decision 09-11-019 November 20, 2009

BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA

Application of California Water Service Company (U60W) for Authority to Establish its authorized Cost of Capital for the period from January 1, 2009 through December 31, 2011.	Application 08-05-002 (Filed May 1, 2008)
And Related Matters.	Application 08-05-003 Application 08-05-004

DECISION MODIFYING DECISION 09-05-019 TO ALLOW CALIFORNIA AMERICAN WATER COMPANY TO INCLUDE A RECENT DEBT ISSUE IN THE TEMPORARY INTEREST RATE BALANCING ACCOUNT

1. Summary

California American Water Company (California American) is authorized to prospectively record in its temporary interest rate balancing account, on a monthly basis, the $88,958 difference between the forecast interest rate and the actual interest rate on $35,000,000 of debt issued on November 26, 2008. This authority begins on the effective date of this decision and terminates upon either the adoption of a new cost of capital for California American or other specific order of this Commission. This proceeding is closed.