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Pennsylvania American Water gets approval for $74.9M rate hike to upgrade water infrastructure.

Market News
16 Jul 2026
PRNewsWire
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Bullish
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Pennsylvania American Water received approval from the Pennsylvania Public Utility Commission for a $74.9 million annual revenue increase to fund critical infrastructure upgrades, including replacing aging pipes, expanding PFAS treatment, and removing lead service lines. The decision supports affordability and customer assistance while recognizing the company's efforts to improve troubled water systems across the state. The company plans to work with state officials to ensure ongoing safe, reliable, and affordable water services for 2.5 million residents. Further details on bill impacts and implementation will be shared after the order review is complete.

More News (AWK)

Illinois American Water begins annual system flushing Aug 24 to maintain water quality in Villa Grove.

Illinois American Water begins annual system flushing Aug 24 to maintain water quality in Villa Grove.

Starting August 24 through September 4, Illinois American Water will conduct its annual flushing of the water distribution system in Villa Grove, Illinois. This maintenance removes mineral deposits and sediment from water mains to ensure high-quality...

Market News
Neutral
2 days ago
Indiana American Water and AWCF provide $70K+ for storm and flood recovery in Indiana communities

Indiana American Water and AWCF provide $70K+ for storm and flood recovery in Indiana communities

Indiana American Water and the American Water Charitable Foundation have committed over $70,000 in funding to support communities in Indiana affected by severe storms and flooding. The funds are allocated through disaster relief grants and strategic ...

Market News
Bullish
2 days ago
New 750,000-gallon tank doubles water storage capacity in Lookout Valley, Tennessee.

New 750,000-gallon tank doubles water storage capacity in Lookout Valley, Tennessee.

Tennessee American Water has completed a new 750,000-gallon water storage tank in Lookout Valley, doubling the area's water storage capacity. This tank is part of a $45 million infrastructure investment program aimed at improving water system reliabi...

Company Fundamentals
Bullish
2 days ago
Virginia American Water awards $8,000 in grants to eight volunteer fire departments for safety upgrades.

Virginia American Water awards $8,000 in grants to eight volunteer fire departments for safety upgrades.

Virginia American Water has granted $8,000 to eight volunteer fire departments within its service areas through its 2026 Firefighter Support Grant Program. Each department received $1,000 to enhance safety by purchasing equipment such as respirators,...

Others
Neutral
3 days ago
Kentucky River Station II water plant earns award for top water quality and safety performance

Kentucky River Station II water plant earns award for top water quality and safety performance

Kentucky American Water's Kentucky River Station II water treatment plant in Owen County received special recognition from the Kentucky Energy and Environment Cabinet for outstanding operational performance and commitment to high water quality. The p...

Market News
Bullish
3 days ago
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