Risk Factors Update Summary
- Revenues depend substantially on rates set by CPUC. New risks added include weather events, cybersecurity, and military base contracts.
- Increased capital expenditures for wildfire and safety mitigation plans, with costs expected to rise.
- Implementation of public safety measures and potential impact on liquidity and customer satisfaction.
- Risks associated with climate change, including droughts, wildfires, and extreme weather events.
- Increased cybersecurity risks, including potential disruptions, data breaches, and financial impacts.
- Changes in laws and regulations may adversely affect profitability and cash flows.
- Risks related to delays in obtaining CPUC approvals for general rate cases and recovery of costs.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1056903&owner=exclude
This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.