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New Jersey American Water Files Rate Request Driven by Over $1.3 Billion in Investment
AWKAmerican Water Works pany(AWK) Businesswire·2024-01-19 21:15

CAMDEN, N.J.--(BUSINESS WIRE)--New Jersey American Water filed a petition today with the New Jersey Board of Public Utilities (BPU) requesting new rates, driven by more than $1.3 billion in capital investments through December 2024, to continue providing safe and reliable service. The company continues to make needed investments to replace aging infrastructure, meet water quality and environmental regulations, provide resiliency of operations, increase fire protection, and meet customers’ other water and wa ...