Latest news with #LauraRunkle
Globe and Mail
01-08-2025
- Business
- Globe and Mail
Maryland American Water Files Rate Request Driven by $22 Million of Investment Over Last Seven Years
Maryland American Water filed a request today with the Maryland Public Service Commission (PSC) for new rates, reflecting $22 million of water system investments since the company's last rate request. The request reinforces the company's commitment to replacing aging infrastructure and continuing to provide high-quality water service in compliance with environmental regulations for the benefit of customers. 'Our commitment to long-term investments in our water systems helps ensure we deliver the high level of service our customers deserve and expect,' said Laura Runkle, President of Maryland American Water. 'These ongoing investments are vital for providing safe, clean, reliable and affordable service to the communities we serve and demonstrate our dedication to the public health and safety of those communities.' In today's filing, Maryland American Water's proposed rates include a two-tiered rate structure, with lower rates for the first 2,000 gallons to promote affordability for lower-usage customers. If the company's proposed two-tiered rates are approved, the monthly water bill for residential customers in the Town of Bel Air using 2,000 gallons per month would increase by approximately $6, and customers using 4,000 gallons per month would see an increase of approximately $29. Monthly water bills for residential customers in the company's Severn District would increase approximately $20 per month. The company's last rate adjustment was in 2019. Maryland American Water also offers bill paying assistance programs that include payment plans, budget billing and, for income-eligible customers, the company's H2O Help to Others customer assistance program. More information can be found by clicking the Customer Assistance Program link under Customer Service & Billing on the company's website. The proposed rates are a request only and are not final until authorized by the PSC, which conducts a thorough review of the company's financial and operational data. Once a final decision has been made, customers will receive information regarding new rates in the mail and on the company's website. New rates are not expected to be effective until March 2026. Customers can participate through written comments, attendance at public comment hearings, and consumer advocacy organizations that participate in the proceedings. For more information on the company's rate proposal and to learn how customers may participate in this process, visit and select 'Your Water Rates' under the Customer Service & Billing menu. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About Maryland American Water Maryland American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water services to approximately 24,000 people.
Yahoo
01-08-2025
- Business
- Yahoo
Maryland American Water Files Rate Request Driven by $22 Million of Investment Over Last Seven Years
Request reinforces company's commitment to providing safe, clean, reliable and affordable service BEL AIR, Md., August 01, 2025--(BUSINESS WIRE)--Maryland American Water filed a request today with the Maryland Public Service Commission (PSC) for new rates, reflecting $22 million of water system investments since the company's last rate request. The request reinforces the company's commitment to replacing aging infrastructure and continuing to provide high-quality water service in compliance with environmental regulations for the benefit of customers. "Our commitment to long-term investments in our water systems helps ensure we deliver the high level of service our customers deserve and expect," said Laura Runkle, President of Maryland American Water. "These ongoing investments are vital for providing safe, clean, reliable and affordable service to the communities we serve and demonstrate our dedication to the public health and safety of those communities." In today's filing, Maryland American Water's proposed rates include a two-tiered rate structure, with lower rates for the first 2,000 gallons to promote affordability for lower-usage customers. If the company's proposed two-tiered rates are approved, the monthly water bill for residential customers in the Town of Bel Air using 2,000 gallons per month would increase by approximately $6, and customers using 4,000 gallons per month would see an increase of approximately $29. Monthly water bills for residential customers in the company's Severn District would increase approximately $20 per month. The company's last rate adjustment was in 2019. Maryland American Water also offers bill paying assistance programs that include payment plans, budget billing and, for income-eligible customers, the company's H2O Help to Others customer assistance program. More information can be found by clicking the Customer Assistance Program link under Customer Service & Billing on the company's website. The proposed rates are a request only and are not final until authorized by the PSC, which conducts a thorough review of the company's financial and operational data. Once a final decision has been made, customers will receive information regarding new rates in the mail and on the company's website. New rates are not expected to be effective until March 2026. Customers can participate through written comments, attendance at public comment hearings, and consumer advocacy organizations that participate in the proceedings. For more information on the company's rate proposal and to learn how customers may participate in this process, visit and select "Your Water Rates" under the Customer Service & Billing menu. About American WaterAmerican Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About Maryland American WaterMaryland American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water services to approximately 24,000 people. AWK-IR View source version on Contacts Media Contact Marybeth LeonginiSenior External Affairs Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
01-08-2025
- Business
- Business Wire
Maryland American Water Files Rate Request Driven by $22 Million of Investment Over Last Seven Years
BEL AIR, Md.--(BUSINESS WIRE)--Maryland American Water filed a request today with the Maryland Public Service Commission (PSC) for new rates, reflecting $22 million of water system investments since the company's last rate request. The request reinforces the company's commitment to replacing aging infrastructure and continuing to provide high-quality water service in compliance with environmental regulations for the benefit of customers. 'Our commitment to long-term investments in our water systems helps ensure we deliver the high level of service our customers deserve and expect,' said Laura Runkle, President of Maryland American Water. 'These ongoing investments are vital for providing safe, clean, reliable and affordable service to the communities we serve and demonstrate our dedication to the public health and safety of those communities.' In today's filing, Maryland American Water's proposed rates include a two-tiered rate structure, with lower rates for the first 2,000 gallons to promote affordability for lower-usage customers. If the company's proposed two-tiered rates are approved, the monthly water bill for residential customers in the Town of Bel Air using 2,000 gallons per month would increase by approximately $6, and customers using 4,000 gallons per month would see an increase of approximately $29. Monthly water bills for residential customers in the company's Severn District would increase approximately $20 per month. The company's last rate adjustment was in 2019. Maryland American Water also offers bill paying assistance programs that include payment plans, budget billing and, for income-eligible customers, the company's H2O Help to Others customer assistance program. More information can be found by clicking the Customer Assistance Program link under Customer Service & Billing on the company's website. The proposed rates are a request only and are not final until authorized by the PSC, which conducts a thorough review of the company's financial and operational data. Once a final decision has been made, customers will receive information regarding new rates in the mail and on the company's website. New rates are not expected to be effective until March 2026. Customers can participate through written comments, attendance at public comment hearings, and consumer advocacy organizations that participate in the proceedings. For more information on the company's rate proposal and to learn how customers may participate in this process, visit and select 'Your Water Rates' under the Customer Service & Billing menu. About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. About Maryland American Water Maryland American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water services to approximately 24,000 people. AWK-IR
Associated Press
23-06-2025
- Business
- Associated Press
Building Resilient Systems: American Water Provides Expertise at 2025 MACRUC
CAMDEN, N.J.--(BUSINESS WIRE)--Jun 23, 2025-- American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., will contribute its expertise to key discussions at the 2025 Mid-Atlantic Conference of Regulatory Utilities Commissioners (MACRUC) Annual Education Conference, taking place June 22 through June 25, 2025, in Louisville, Kentucky. Laura Runkle, President of Virginia and Maryland American Water, will speak as part of the panel discussion Surviving the Storm: Utilities' Role in Preparing for and Responding to Extreme Weather, joining utility leaders and former utility regulators to address how utilities can build resilience in the face of climate-related challenges. 'As extreme weather events become more frequent, the water industry must stay ahead through innovation, smart infrastructure investments and close collaboration with key stakeholders,' said Cheryl Norton, EVP and Chief Operating Officer, American Water. 'Laura's leadership at MACRUC reflects American Water's commitment to building resilient systems and delivering essential services to our customers and communities every day, in the Mid-Atlantic and across the U.S.' The panel will focus on strategies that utilities are implementing to strengthen infrastructure, improve preparedness and foster community partnerships to mitigate the impacts of extreme weather events. Runkle will share how American Water is working with regulators and local communities to help ensure safe, reliable service as well as resilient systems that can protect critical services during times of crisis. 'Resilience starts with practical actions like investing in infrastructure using data-driven risk assessment tools and strategies, planning for emergencies and engaging with the communities we serve,' said Runkle. 'I am proud to share how American Water is turning these priorities into reality as we help prepare our systems and customers for the challenges of extreme weather.' For more information about the 2025 MACRUC Annual Education Conference, visit: About American Water American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company's national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders. As one of the fastest growing utilities in the U.S., American Water expects to invest $40 billion to $42 billion in infrastructure repairs and replacement, system resiliency and regulated acquisitions over the next 10 years. The company has a long-standing history of executing its core operations, aligned with sustainable best practices, through its commitments to safety, affordability, customer service, protecting the environment, an inclusive workforce and strengthening communities. American Water has been recognized as one of Forbes 2025 Most Trusted Companies in America, in addition to being ranked first in the utilities industry category on Forbes America's Best Large Employers List for 2024; recognized on Newsweek's America's Most Responsible Companies 2025 List; ranked on Barron's 100 Most Sustainable U.S. Companies 2024 List; and named one of America's Most JUST companies by JUST Capital and CNBC for its continued commitment to employees, customers, communities and shareholders. For more information, visit and join American Water on LinkedIn, Facebook, X and Instagram. View source version on CONTACT: Media Contact: Alicia Barbieri Director, Corporate Communications and External Affairs American Water (856) 676-8103 [email protected] KEYWORD: UNITED STATES NORTH AMERICA KENTUCKY NEW JERSEY INDUSTRY KEYWORD: OTHER ENERGY UTILITIES NATURAL RESOURCES FINANCE ENERGY BANKING PROFESSIONAL SERVICES OTHER NATURAL RESOURCES SOURCE: American Water Copyright Business Wire 2025. PUB: 06/23/2025 11:30 AM/DISC: 06/23/2025 11:29 AM
