American Water Works pany(US:AWK) Prnewswire·2026-01-27 21:05Core Viewpoint - Illinois American Water has filed a request for new rates to support approximately $577 million in investments for water and wastewater systems from January 2026 through December 2027, aiming to enhance water quality and reliability for over 1.3 million residents in Illinois [1][2]. Investment Plans - The proposed investments will include the replacement of 42 miles of aging water and wastewater pipelines, upgrades to storage tanks, wells, pumping stations, hydrants, meters, and wastewater plants, as well as ongoing replacement of lead service lines and improvements to treatment facilities to meet regulatory requirements, including addressing emerging contaminants like PFAS [2]. Rate Changes - If approved, the typical residential water customer using 3,500 gallons of water would see an increase of approximately $14 per month, while typical customers served by sanitary wastewater systems would see an increase of approximately $28 per month [3]. Affordability Measures - The proposal includes a modified allowance rate for residential water users, offering a discount rate for the first 2,000 gallons of water to alleviate financial pressures on low consumption customers [4]. - The company also provides assistance programs for income-eligible customers, including the H2O Help to Others program, budget billing options, and flexible payment plans [5]. Regulatory Process - The rate request initiates an 11-month review process by the Illinois Commerce Commission (ICC), which includes opportunities for customer involvement through written comments and public input hearings [7]. - All rate changes require ICC approval, and if approved, the new rates would take effect in January 2027 [7]. Company Overview - Illinois American Water, a subsidiary of American Water, is the largest regulated water utility in Illinois, serving approximately 1.3 million people with a dedicated workforce of over 600 employees [10][11].