regulatory
confidence high
sentiment neutral
materiality 0.65
West Virginia American Water files $47.8M rate request with PSC, driven by $300M+ capital investments
American Water Works Company, Inc.
- Seeks $47.8M annual incremental revenue (excl. $12.7M surcharges) in two steps: $32.6M in Mar 2026, $15.2M in Mar 2027.
- Proposed ROE of 10.75% and equity capitalization of ~50.8%-51%.
- More than $300M of capital investments completed/planned from Mar 2024 through Feb 2027.
- Average residential water bill to increase ~$11/month (Step 1) and ~$5/month (Step 2); wastewater ~$8 and ~$5.
- Also proposes Universal Affordability Discount Tariff (15-60% bill discounts for income-qualified customers).