regulatory
confidence high
sentiment neutral
materiality 0.50
Maryland-American Water files $3M rate increase request with Maryland PSC, driven by $22M capital investments
American Water Works Company, Inc.
- Seeks $3.0M annualized incremental revenues; proposed ROE 10.64%, equity 52.32%.
- Capital investments of ~$22M from Feb 2019 to Apr 2025 drive request; last rate adjustment in 2019.
- Proposes two-tier rate structure; Bel Air 2,000-gal customers +~$6/mo, 4,000-gal +~$29/mo; Severn District +~$20/mo.
- If approved, new rates expected effective March 2026; MDPSC review ongoing.
- Reinforces infrastructure investment; offers payment assistance and H2O Help to Others program.
item 8.01item 9.01