secwatch.observer — SEC 8-K summary
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Issuer:     American Water Works Company, Inc. (AWK)
CIK:        0001410636
Form:       8-K
Filed at:   2024-09-04T23:59:59+00:00
Accession:  0001410636-24-000162
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NJ BPU approves $79.5M rate increase for American Water's NJ unit, less than $161.7M sought
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- NJBPU approved $79.5M annualized water/wastewater revenue increase for New Jersey American Water, effective Sept 15, 2024.
- Rate increase based on 9.6% ROE, $5.05B rate base, 55% equity ratio; prior rate base was $4.15B.
- More than $1.3B in capital investments since last 2022 rate case drove the increase.
- Average water bill rises ~$5.33/month, wastewater ~$5.68/month; Universal Affordability Tariff approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410636/000141063624000162/0001410636-24-000162-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410636/000141063624000162/awk-20240904.htm
  HTML page:      https://secwatch.observer/filing/0001410636-24-000162

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