secwatch.observer — SEC 8-K summary
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Issuer:     American Water Works Company, Inc. (AWK)
CIK:        0001410636
Form:       8-K
Filed at:   2024-12-06T23:59:59+00:00
Accession:  0001410636-24-000204
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPUC approves $20.9M annual revenue increase for American Water's Cal Am subsidiary
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- CPUC approved partial settlement providing incremental annualized revenues of $20.9M (2024), $15.9M (2025), and $15.9M (2026).
- New rates retroactive to Jan 1, 2024; implementation expected in Feb 2025.
- CPUC authorized $390M in new infrastructure investment for water and wastewater systems.
- CPUC denied Cal Am's proposed decoupling mechanism; company may file for rehearing.
- Customer assistance discounts increased from 20% to 25% (North/South CA) and 30% to 35% (Central CA).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1410636/000141063624000204/0001410636-24-000204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1410636/000141063624000204/awk-20241205.htm
  HTML page:      https://secwatch.observer/filing/0001410636-24-000204

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