Other Events ·
The New Jersey Board of Public Utilities approved a settlement in the general rate case for subsidiary New…
AWKAmerican Water Works Company, Inc.
The New Jersey Board of Public Utilities approved a settlement in the general rate case for subsidiary New Jersey-American Water, authorizing $68 million in annualized revenue increases effective September 15, 2026. The approval is based on an authorized return on equity of 9.5%, a rate base of $6.06 billion, and supports over $1.4 billion in capital investments for infrastructure upgrades. Eligible water customers will receive a one-time monthly credit of $9.88 for 12 months from PFAS litigation proceeds to offset bill impacts. American Water Works Company, Inc. is the largest regulated water and wastewater utility company in the United States.