secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2025-04-07T23:59:59+00:00
Accession:  0000863110-25-000024
Event type: regulatory
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian Water files for 12.41% revenue increase (~$10.8M) with Delaware PSC
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- Requests $10.8M annualized revenue increase (12.41%); net increase after DSIC is 10.75%.
- Temporary rates of up to $2.5M or 15% of gross water sales allowed 60 days post-acceptance, subject to refund.
- Invested over $58.5M in utility plant since last base rate filing in April 2023, citing PFAS treatment costs.
- Average residential bill would rise from $52.94 to $59.76/month ($0.23/day) if approved.
- Last comprehensive base rate filing was in April 2023; this filing covers investments through Sept 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311025000024/0000863110-25-000024-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311025000024/8k.htm
  HTML page:      https://secwatch.observer/filing/0000863110-25-000024

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