American Water Works Company, Inc.
Kentucky American Water Files Rate Request to Reflect $212M in System Investments
Summary
On May 16, 2025, Kentucky American Water, a subsidiary of American Water Works Company, filed a rate request with the Kentucky Public Service Commission to adjust its water rates. The request, which seeks aggregate annualized incremental revenues of $26.9 million, is driven by approximately $212 million in capital investments completed and planned by Kentucky American Water from February 2025 through December 2026. The proposed rates, if approved, are expected to be implemented on an interim basis on December 16, 2025, with the final decision subject to a refund. The filing of the rate request was announced in a press release dated May 16, 2025, which has been filed as Exhibit 99.1 to this Current Report on Form 8-K.
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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.
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