PUC Approves Rate Adjustment for Pennsylvania American Water
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Commission commends the company's efforts to bring long-term solutions to troubled water and wastewater systems across the Commonwealth
The PUC authorized an annual revenue increase of approximately
In supporting the Commission's decision, PUC Chairman
"The record demonstrates that Pennsylvania American Water has provided meaningful assistance to troubled water and wastewater systems through acquisitions, receiverships, and infrastructure improvements. These efforts have helped deliver safe, reliable service to customers and represent a public benefit that warrants recognition as part of the Commission's consideration of management performance," DeFrank said.
The company shares
Pennsylvania American Water will provide further information once the order is received and its evaluation is complete, including details on how this order will affect customer bills and the implementation of the Commission's decision. Additional information about the company's rate filing and the regulatory review process is available at pennyslvaniaamwater.com/rates.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in
About Pennsylvania American Water
Pennsylvania American Water, a subsidiary of American Water is the largest regulated water utility in the state with approximately 1,200 dedicated employees working to provide safe, clean, reliable and affordable water and wastewater services to approximately 2.5 million people.
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SOURCE American Water
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