regulatory
confidence high
sentiment neutral
materiality 0.60
Illinois American Water files $134M rate case with ICC for $577M in capital investments
American Water Works Company, Inc.
- Two-step rate increase: $119M effective Jan 1, 2027, plus $15M effective Jan 1, 2028, based on 10.75% ROE.
- Request supports ~$577M in water/wastewater investments through Dec 2027, including 42 miles of pipeline replacement.
- Typical residential water customer bill would rise ~$14/month; wastewater customer ~$28/month, if approved.
- ICC 11-month review process; new rates would take effect Jan 2027 if approved by the Commission.
- Proposed modified allowance discounts first 2,000 gallons for residential water users to improve affordability.
item 8.01item 9.01