secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0000863110-24-000026
Event type: regulatory
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Delaware PSC approves $11.2M annual rate increase for Artesian Water, effective June 12
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- Final DEPSC order approves settlement for $11.2M annualized revenue increase (15.2%), effective June 12, 2024.
- New rates replace temporary $10.8M increase; include 9.5% ROE and 6.75% overall rate of return.
- DEPSC also approved a 0.34% Distribution System Improvement Charge (DSIC) effective July 1, 2024.
- Last comprehensive base rate increase was filed in April 2014; new rates support capital improvements and higher operating costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000026/0000863110-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311024000026/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-24-000026

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