Middlesex Water Files for Rate Request

Core Viewpoint - Middlesex Water Company has filed a petition with the New Jersey Board of Public Utilities to request new rates due to nearly $100 million in investments aimed at improving water quality and meeting environmental regulations [1]. Group 1: Investment and Infrastructure - The company is seeking a total annual revenue increase of $24.9 million, which would result in an average increase of approximately $14.13 per month for residential customers using about 15,000 gallons of water per quarter [1]. - Investments include modernizing treatment plants, upgrading distribution systems, and implementing technological improvements to enhance system resilience against climate risks and emerging contaminants [1][4]. - Specific projects include replacing approximately 12 miles of cast iron water mains, updating fire hydrants, and advancing the "Knocking Out Lead" initiative to eliminate lead service lines by 2031 [4]. Group 2: Company Overview - Middlesex Water Company is a premier investor-owned water and wastewater utility, serving over half a million people in New Jersey and Delaware since its establishment in 1897 [2]. - The company emphasizes employee engagement, operational excellence, superior customer experience, and sustainable growth to deliver value to customers and investors [2].