Illinois-American Water (unit of American Water) filed with the Illinois Commerce Commission on Jan 27,…
Filed with the SEC on · Summarized by InvestorsBot
Illinois-American Water (unit of American Water) filed with the Illinois Commerce Commission on Jan 27, 2026 seeking a two-step rate increase: ≈$119M effective Jan 1, 2027 and ≈$15M effective Jan 1, 2028. Approval required. 📈 $AWK #Utilities #Regulation
The request uses a proposed ROE of 10.75%. Capital structure assumptions: 2027 step — 52.42% equity / 47.58% debt; 2028 step — 52.74% equity / 47.26% debt. Amounts exclude infrastructure surcharges. 📊 #Water #Rates
Filing driven by ≈$577M of capital investments planned/made Jan 2026–Dec 2027. Final rates, timing and amounts depend on ICC approval, possible settlements and end‑of‑period rate base reconciliation. 💧 #Investing #Regulation