Virginia American Water Files Rate Request with SCC

Details

The request, based on a proposed return on equity of 10.75% and a capital structure with an equity component of 51.79%, is driven by over $115 million in capital investments planned and completed from May 2025 through April 2027. The filing is subject to SCC approval, with interim rates expected to take effect May 1, 2026. The difference between interim and final approved rates will be subject to refund. A press release issued by Virginia American Water on the same date provides further details.

Items reported

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.