Maryland American Water granted ~$2M annualized rate increase by MD PSC

American Water Works Company, Inc.

MDPSC approves consolidated annualized water revenue increase of ~$2 million; $1M effective Feb 26, 2026, remainder Jan 1, 2027.
Rate case supports ~$22 million in completed capital infrastructure investments since last rate approval in 2019.
First rate adjustment since 2019; Maryland American Water serves ~24,000 customers.
Approved ROE of 9.75%, common equity ratio 52.32% per joint settlement.
Residential bill in Bel Air to rise ~$10/month in 2026 and another ~$10/month in 2027.

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