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Missouri American Water New Customer Rates Approved by Missouri Public Service Commission
Missouri American Water New Customer Rates Approved by Missouri Public Service Commission

Yahoo

time16-05-2025

  • Business
  • Yahoo

Missouri American Water New Customer Rates Approved by Missouri Public Service Commission

Increase Driven by $1.1 Billion in Infrastructure Investments ST. LOUIS, May 16, 2025--(BUSINESS WIRE)--The Missouri Public Service Commission (MoPSC) approved new water and wastewater rates for Missouri American Water in a rate order on May 7, 2025. The company's rate request was filed on July 1, 2024, and was primarily driven by $1.1 billion in infrastructure investment in plant and distribution system upgrades made since its last rate filing. New rates are expected to be effective on May 28, 2025. St. Louis County customers using 6,100 gallons of water per month will see an increase of approximately $7 on their monthly bill. All other customers using 4,600 gallons of water per month will see an increase of approximately $9 on their monthly bill. Wastewater customers will see an average increase of $6 per month. Rates vary by usage and service area. Missouri American Water offers customers bill payment assistance programs including a payment installment plan and budget billing options available on the customer MyWater portal at Income-eligible customers may also apply for assistance through the company's Help to Others (H2O) Program. More information on bill payment assistance can be found on the company's website here. Customers will receive information about the new rates on their Missouri American Water bill. Information will also be available on the company's website under Customer Service Billing, our Water and Wastewater Rates. 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. Missouri American Water Missouri American Water, a subsidiary of American Water (NYSE: AWK), is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 1.6 million people. For more, visit and follow Missouri American Water on X, Facebook, Instagram, YouTube and LinkedIn. View source version on Contacts Media Contact: Christie BarnhartSenior Manager, External CommunicationsCell: 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

Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment
Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment

Yahoo

time16-05-2025

  • Business
  • Yahoo

Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment

Request reinforces company's commitment to providing safe, clean, reliable and affordable service LEXINGTON, Ky., May 16, 2025--(BUSINESS WIRE)--Kentucky American Water filed a request today with the Kentucky Public Service Commission (PSC) for new rates, reflecting more than $212 million in system investments. The request reinforces the company's commitment to replacing aging infrastructure and continuing to provide safe, clean, reliable and affordable service in compliance with environmental regulations for the benefit of customers. "Kentucky American Water is dedicated to the health and safety of our customers and the communities we serve," said Rob Burton, president of Kentucky American Water. "Our approach to long-term, efficient and consistent investments in our water systems enables us to deliver high-quality service to the more than half a million people we serve in 13 counties." Among the investments included in the request are the replacement of 30 miles of aging water pipelines and the upgrading of storage tanks, pumping stations, hydrants, meters and more. In today's filing, Kentucky American Water is seeking a total annual revenue increase of approximately $26.9 million, excluding Qualified Infrastructure Program (QIP) revenues that have already been approved. The company's rate request undergoes extensive, public review by the PSC, the Kentucky Attorney General's Office of Rate Intervention and other interested parties, such as the Lexington-Fayette Urban County Government. This process includes numerous interrogatories, public hearings and evidentiary hearings. The company's last general rate case was filed in June 2023. If the company's proposed rates are approved as requested, the water bill for the average residential customer using 3,900 gallons per month would increase about $9 per month. The new rates proposed in today's filing are a request only. Kentucky American Water anticipates that proposed rates will go into effect, on an interim basis, approximately seven months after the filing. The PSC will make the final decision regarding any change in rates within 10 months of the filing. Once a final decision has been made by the PSC, the difference between the interim and final approved rates is subject to a refund. Customers will be informed of the approved rates by mail and on the company's website. Kentucky American Water 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. 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 Kentucky American WaterKentucky American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 527,000 people. For more information, visit and join Kentucky American Water on Facebook, X, Instagram and LinkedIn. AWK-IR View source version on Contacts Media Contact: Susan LanchoSenior Manager, External and Government AffairsKentucky American

Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment
Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment

Yahoo

time16-05-2025

  • Business
  • Yahoo

Kentucky American Water Files Rate Request Driven by More Than $212 Million in Investment

Request reinforces company's commitment to providing safe, clean, reliable and affordable service LEXINGTON, Ky., May 16, 2025--(BUSINESS WIRE)--Kentucky American Water filed a request today with the Kentucky Public Service Commission (PSC) for new rates, reflecting more than $212 million in system investments. The request reinforces the company's commitment to replacing aging infrastructure and continuing to provide safe, clean, reliable and affordable service in compliance with environmental regulations for the benefit of customers. "Kentucky American Water is dedicated to the health and safety of our customers and the communities we serve," said Rob Burton, president of Kentucky American Water. "Our approach to long-term, efficient and consistent investments in our water systems enables us to deliver high-quality service to the more than half a million people we serve in 13 counties." Among the investments included in the request are the replacement of 30 miles of aging water pipelines and the upgrading of storage tanks, pumping stations, hydrants, meters and more. In today's filing, Kentucky American Water is seeking a total annual revenue increase of approximately $26.9 million, excluding Qualified Infrastructure Program (QIP) revenues that have already been approved. The company's rate request undergoes extensive, public review by the PSC, the Kentucky Attorney General's Office of Rate Intervention and other interested parties, such as the Lexington-Fayette Urban County Government. This process includes numerous interrogatories, public hearings and evidentiary hearings. The company's last general rate case was filed in June 2023. If the company's proposed rates are approved as requested, the water bill for the average residential customer using 3,900 gallons per month would increase about $9 per month. The new rates proposed in today's filing are a request only. Kentucky American Water anticipates that proposed rates will go into effect, on an interim basis, approximately seven months after the filing. The PSC will make the final decision regarding any change in rates within 10 months of the filing. Once a final decision has been made by the PSC, the difference between the interim and final approved rates is subject to a refund. Customers will be informed of the approved rates by mail and on the company's website. Kentucky American Water 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. 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 Kentucky American WaterKentucky American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 527,000 people. For more information, visit and join Kentucky American Water on Facebook, X, Instagram and LinkedIn. AWK-IR View source version on Contacts Media Contact: Susan LanchoSenior Manager, External and Government AffairsKentucky American

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