Artesian Resources files for 23.84% water rate increase in Delaware, first in 9 years

ARTESIAN RESOURCES CORP

Requested annual revenue increase of ~$17.5M (23.84%) from Delaware PSC; last rate case was in 2014.
Average residential bill would rise from $49.90 to $56.73/month ($0.22/day increase) if fully granted.
Since 2014, Artesian invested $158M in infrastructure, including 45 miles of aging main replacements.
Currently has maximum 7.5% DSIC surcharge; temporary 15% rate not initially sought to avoid DSIC reset.
Received full $10M reimbursement for Llangollen wellfield contamination; customers get $27 credit through 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.