AWK subsidiary seeks $26.9M annual rate increase from Kentucky PSC

American Water Works Company, Inc.

Kentucky American Water filed rate request for ~$26.9M incremental revenue, excluding $9.9M infrastructure surcharges.
Request supported by ~$212M in capital investments (Feb 2025–Dec 2026), including replacement of 30 miles of aging pipelines.
Proposed ROE of 10.75% and capital structure with 52.26% equity; interim rates effective Dec 16, 2025, subject to refund.
Final KPSC decision expected by end of Q1 2026; average residential bill would rise ~$9/month if rates approved as filed.

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