West Virginia American Water Files Rate Request to Adjust Water and Wastewater Rates

Details

The request seeks aggregate annualized incremental revenues of $47.8 million, excluding infrastructure surcharges of $12.7 million, to be implemented in two steps: $32.6 million in March 2026 and $15.2 million in March 2027. The request is based on a return on equity of 10.75% and significant capital investments of over $300 million from March 2024 through February 2027. The filing includes a Universal Affordability Discount Tariff to assist low-income customers. The WVPSC is expected to complete its review by the end of February 2026.

Items reported

Exhibits (1)

About American Water Works Company, Inc.

American Water Works Company, Inc. is a prominent utility company that provides water and wastewater services across the United States. It primarily focuses on the operation and maintenance of water and wastewater utilities, ensuring the delivery of reliable clean water and proper treatment of wastewater for residential, commercial, and industrial customers. With a strong commitment to sustainability and community support, American Water Works is engaged in essential environmental stewardship practices to preserve natural resources. Serving millions of people, the company operates through subsidiaries in several states, playing a critical role in the water infrastructure sector. Its services ensure compliance with federal and state regulations, which safeguards public health and the environment. In the financial market, American Water Works is recognized for its stable operations and contributions to the utility sector, offering investors exposure to a critical and typically regulated industry that remains vital regardless of economic cycles.