NJBPU approves $68M annual rate increase for American Water's New Jersey subsidiary

American Water Works Company, Inc.

NJBPU approved $68M annualized revenue increase for New Jersey American Water, effective Sept 15, 2026.
Authorized ROE 9.5%, rate base $6.06B, common equity ratio 54%, long-term debt ratio 46%.
Increase supports $1.4B in capital investments; includes $9.88 monthly PFAS credit for 12 months.
Average residential water bill up ~$4/month, offset by $9.88 credit for eligible customers.
Company will return $79M+ in PFAS settlement proceeds via PLUS credit.

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