secwatch.observer — SEC 8-K summary
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Issuer:     UNITIL CORP (UTL)
CIK:        0000755001
Form:       8-K
Filed at:   2022-05-18T23:59:59+00:00
Accession:  0001193125-22-154072
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NHPUC approves $5.9M permanent rate increase for Unitil Energy, 9.2% ROE
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- Permanent distribution rate increase of $5.9M effective June 1, 2022, reconciled back to June 2021 temporary rates.
- Return on equity approved at 9.2%; capital structure set at 52% equity, 48% long-term debt.
- Multi-year rate plan includes step adjustments for 2022 and 2023; no base rate case before January 2024.
- New revenue decoupling mechanism (RDM) adopted with a 3% cap on distribution revenue adjustments.
- Approved up to $2.362M for EV make-ready infrastructure and $5.28M for storm resiliency/vegetation programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/755001/000119312522154072/0001193125-22-154072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/755001/000119312522154072/d344598d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-154072

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