regulatory
confidence high
sentiment neutral
materiality 0.60
New Jersey American Water files rate request with NJBPU seeking $146M annualized incremental revenue
American Water Works Company, Inc.
- Request seeks $146M annualized revenue increase based on proposed ROE of 10.75% and 55.18% equity capital structure.
- More than $1.4B in capital investments through Dec 2026 drives the filing; includes 120 miles of pipe replacement.
- Typical residential water customer would see ~$10/month increase; wastewater ~$8/month if approved.
- Company also seeks to expand bill discounts for LIHEAP/USF customers and pass back Gross Receipts Tax refund.
- New rates, if approved by NJBPU, would take effect in second half of 2026 after public and evidentiary hearings.
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