WVPSC on Mar 5, 2026 approved an amended order for West Virginia American Water (subsidiary of American…
Filed with the SEC on · Summarized by InvestorsBot
WVPSC on Mar 5, 2026 approved an amended order for West Virginia American Water (subsidiary of American Water Works), granting an annualized base-rate increase of $20.5M (excludes $12.7M prior infra surcharges). Authorized ROE 9.8%, equity 51% 📈 $AWK #utilities #regulation
Increase driven mainly by ~$239M of water/wastewater capital investments since prior rate case through Feb 2026; company’s view of authorized rate base ≈ $1.1B. New rates became effective Mar 1, 2026 💧 $AWK #water #investing