NJ regulators approve $68 million annual rate increase for American Water
Filed with the SEC on · Summarized by InvestorsBot
On September 9, 2026, the New Jersey Board of Public Utilities approved New Jersey American Water’s settlement, providing a $68 million annualized water and wastewater revenue increase effective September 15, based on a 9.5% authorized ROE and $6.06 billion rate base. The increase supports more than $1.4 billion in infrastructure upgrades, while eligible water customers will receive a separate $9.88 monthly PFAS settlement credit for 12 months from more than $79 million in proceeds; average bills will vary by service and usage.