Form 8-K · Current report
American Water Works 8-K, filed Sep 9, 2026
- Filed
- CIK
- 0001410636
- Accession no.
- 0001410636-26-000131
Summary
The New Jersey Board of Public Utilities approved a settlement in New Jersey American Water's general rate case, granting the American Water Works subsidiary a $68 million annualized water and wastewater revenue increase effective September 15, 2026, plus a separate mechanism returning over $79 million in PFAS litigation proceeds to eligible customers as a $9.88 monthly credit for 12 months. New Jersey American Water president Mark McDonough said the decision supports infrastructure investment while keeping affordability in focus.
Key points
- The approved increase is based on an authorized return on equity of 9.5%, an authorized rate base of $6.06 billion, a common equity ratio of 54.0% and a long-term debt ratio of 46.0%.
- The company had sought about $145 million in increased annualized revenues when the rate case was filed in January 2026.
- The revenue increase is driven primarily by $1.4 billion of incremental capital investments since the last general rate case and supports replacement or rehabilitation of nearly 120 miles of aging main, lead service line replacement and PFAS treatment upgrades.
- The average residential water customer using about 5,700 gallons per month will see a bill increase of roughly $4 per month, with eligible customers receiving a $9.88 monthly PLUS credit.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 8.01. Other Events. New Jersey Board of Public Utilities (“NJBPU”) Approval of Settlement in New Jersey-American Water Company, Inc. (“New Jersey American Water”) General Rate Case On September 9, 2026, the NJBPU issued an order (the “Order”) approving without modification the stipulation of settlement (the “Stipulation”) of a general rate case filed on January 16, 2026 by New Jersey American Water, a wholly owned subsidiary of American Water Works Company, Inc. (the “Company”), seeking approximately $146 million of increased annualized water and wastewater revenues, which request was subsequently updated on July 27, 2026, to approximately $145 million. …
An excerpt of the text as filed with the SEC, cut for length.
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