Missouri American Water Rate Order Settlement Approved by MoPSC

Details

The settlement allows for a $63.1 million annualized increase in water and wastewater revenues, reflecting $1.1 billion of capital investments made by Missouri American Water from January 2023 through May 2025. The new rates are expected to be effective by May 31, 2025.

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.