American Water Works Company, Inc.
West Virginia American Water Receives Rate Increase Approval
Summary
On March 5, 2026, the West Virginia Public Service Commission approved an annualized increase of $20.5 million in West Virginia American Water's water and wastewater system revenues, excluding previously recovered infrastructure surcharges. The new rates, effective March 1, 2026, include an average monthly bill increase of approximately $6 for residential water customers and $7 for residential wastewater customers. This adjustment supports over $239 million in infrastructure investments and maintains affordability for customers. An additional 20% discount is introduced for customers enrolled in the Special Reduced Rate Residential Service tariff.
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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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