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December 28, 2012
11:30 EDTAWKKentucky American Water files rate case with Kentucky PSC
Kentucky American Water filed an application with the Kentucky Public Service Commission requesting a general rate increase for its customers. The request is driven by the approximately $58M in capital investments the company has made since last filing for a rate increase nearly three years ago, in February 2010. The company’s request, if granted in full, would increase the average residential customer rate by $5.76 per month -- from the current average of $32.75 per month to $38.51 per month -- based on an average monthly usage of 4,500 gallons. Even with this proposed increase, the cost of tap water for residential customers would remain at less than one penny per gallon, with the average residential customer receiving a day’s worth of quality tap water for approximately $1.27. Today’s request seeks an increase in total revenue of approximately $12.3M.
News For AWK From The Last 14 Days
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October 7, 2015
05:11 EDTAWKCalifornia American Water test slant well permit amendment approved
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September 29, 2015
11:00 EDTAWKAmerican Water management to meet with Guggenheim
Meeting to be held in the Mid-Atlantic area on October 1 hosted by Guggenheim.
September 25, 2015
17:24 EDTAWKAmerican Water awarded Vandenberg Air Force Base contract
American Water Works Company announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and the wastewater systems at Vandenberg Air Force Base, CA. According to the agreement the award revenue is estimated at approximately $298M over a 50-year period. The contract will be subject to annual economic price adjustment.
17:22 EDTAWKAmerican Water awarded $298.9M government contract
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