H2O America

H2O America is among the largest investor-owned pure-play water and wastewater utilities in the United States, providing water service to over 1.7 million people. The company operates through locally led subsidiaries: San Jose Water Company in California, The Connecticut Water Company in Connecticut, The Maine Water Company in Maine, and SJWTX, Inc. (doing business as The Texas Water Company) in Texas, including the recently acquired Quadvest operations in the greater Houston metropolitan area. H2O America's business model centers on regulated rate-based infrastructure investment, earning authorized returns on capital deployed to build and maintain water and wastewater systems. The company has a $2.7 billion capital plan over the 2026-30 period and is actively pursuing growth through both organic investment and acquisitions, with Texas becoming an increasingly significant portion of its customer base. H2O America has paid dividends for more than 80 consecutive years and has increased its annual dividend for 58 consecutive years. Updated Oct 26, 2026