regulatory
confidence high
sentiment positive
materiality 0.65
Virginia American Water reaches stipulation for $14.6M rate increase; equity component improves to 45.67%
American Water Works Company, Inc.
- Stipulation agreed to $14.6M annualized revenue increase vs. original $19.7M request.
- ROE set at 9.7%; capital structure equity component increases to 45.67% from 40.73%.
- Interim rates effective May 1, 2024; difference subject to refund pending SCC approval.
- Rate increase driven by ~$110M in capital investments (May 2023 – Apr 2025).