regulatory
confidence high
sentiment neutral
materiality 0.60
American Water subsidiary files $111M rate request with CPUC, citing $750M infrastructure spend
American Water Works Company, Inc.
- Filing seeks $63.1M revenue increase vs 2025 authorized; total $111.2M over 2027-2029.
- Driven by ~$750M in capital investments completed and planned from 2025 through 2028.
- Average residential bill impact ranges from -$3 to +$17 per month depending on service area.
- Proposes expansion of Customer Assistance Program discounts in Monterey service area.
- Last general rate case filed July 2022; CPUC 18-month review proceeding with Jan 2027 target effect.
item 8.01item 9.01