Core Points - Pennsylvania American Water has completed the acquisition of Corner Water Supply and Service Corporation's water system for $250,000, serving approximately 450 customer connections in Shippenville, Clarion County [1][2] - The company plans to invest over $4.3 million in improvements to the newly acquired water system over the next five years to meet regulatory, safety, and security standards while maintaining affordable rates for customers [2][3] - The acquisition is part of a broader trend of regional consolidation in Pennsylvania's water and wastewater systems, addressing challenges related to aging infrastructure and increasing regulatory demands [3][4] Company Strategy - Pennsylvania American Water aims to connect the acquired water system to its existing Clarion system, enhancing reliability and service quality for customers [2][3] - The company has a proven track record of addressing significant capital investment needs in water systems and ensuring compliance with current and future regulatory requirements [2][3] Customer Impact - The acquisition is expected to provide uninterrupted access to clean and safe water for former Corner Water customers, with the Pennsylvania Public Utility Commission approving the acquisition and allowing the adoption of current rates for these customers [5][4] - Pennsylvania American Water offers various customer assistance programs, including grants for income-eligible customers, to support affordability and access to services [6] Industry Context - The acquisition reflects a growing trend in the industry where larger utility companies consolidate smaller systems to improve service delivery and meet regulatory standards [3][4] - Pennsylvania American Water is the largest regulated water utility in the state, serving approximately 2.4 million people and leveraging its scale to provide effective solutions for communities [8]

Core Points - Hawaii Water Service, a subsidiary of California Water Service Group, has requested an increase in water and sewer rates for the Kapalua systems for the first time since acquisition in 2021, aiming to raise revenues by $2.2 million to cover increased costs [1][2][3] Group 1: Rate Increase Request - The proposed rate increase is intended to recover costs associated with purchased water, higher operating expenses, and completed capital investments [1][2] - The utility plans to pass the increased costs of purchased water directly to customers on a dollar-for-dollar basis [2] Group 2: Infrastructure Investments - Hawaii Water has invested $3.4 million in infrastructure improvements to enhance the quality, reliability, and sustainability of local water and wastewater systems [2] - Key upgrades include rehabilitation of potable water storage facilities, replacement of aging valves, and improvements to sewer pump stations [7] Group 3: Commitment to Service - The company emphasizes its commitment to providing safe, clean, and reliable water services while controlling expenses to maintain affordability [3] - The new rates, if approved, could take effect in the second half of 2026 [3]

Core Points - The California Public Utilities Commission (CPUC) has approved California Water Service (Cal Water) and three other utilities to delay their Cost of Capital applications from May 1, 2026, to May 1, 2027, maintaining a 10.27% return on equity (ROE) and 4.23% cost of debt for Cal Water [1] - Cal Water's capital structure consists of 53.40% common equity and 46.60% long-term debt, with an authorized rate of return set at 7.46% [1] - The CPUC has reauthorized the Water Cost of Capital Mechanism (WCCM), which adjusts the rate of return based on fluctuations in the Moody's Utilities Bond Index, with the next measurement date on September 30, 2026 [2] - Any changes to the ROE from the WCCM will take effect on January 1, 2027, if necessary [2] - The extension of the Cost of Capital proceeding is expected to alleviate workload for the CPUC, which is currently managing six water utility General Rate Cases and three ongoing rulemaking proceedings related to water [3] - This extension is also anticipated to reduce the frequency of rate changes for customers [3] - California Water Service Group operates several regulated utilities across multiple states, providing water and wastewater services to over 2.1 million people [3]

Core Points - Artesian Resources Corporation announced the approval to return proceeds from a national class action settlement regarding PFAS contamination to its customers [1][2] - The company has received approximately $7.2 million from 3M, which will be used to provide a credit of about $73 to active Delaware water customers as of December 1, 2025 [2][3] - Artesian emphasizes its commitment to delivering safe and reliable water, having proactively tested for and treated PFAS prior to federal regulations [3] Company Overview - Artesian Resources Corporation operates as a holding company for subsidiaries providing water and wastewater services on the Delmarva Peninsula [4] - Artesian Water Company is the oldest and largest regulated water utility in the region, supplying 9.5 billion gallons of water annually through 1,491 miles of water main to over a third of Delaware residents [4]

Core Viewpoint - Eversource Energy's shares declined over 10% following the rejection of its proposal to sell its water utility business by Connecticut regulators, marking a significant setback for the company's strategic efforts to streamline operations [1] Group 1: Company Impact - The rejection of the sale proposal has negatively impacted Eversource Energy's stock performance, leading to a drop of over 10% in share value [1] - This decision by regulators represents a challenge to Eversource's plans to divest non-core assets and focus on its primary utility operations [1] Group 2: Regulatory Environment - Connecticut regulators' decision highlights the scrutiny that utility companies face regarding asset sales and operational restructuring [1] - The regulatory landscape may pose additional challenges for Eversource Energy as it seeks to implement its strategic initiatives [1]

Core Points - Pennsylvania American Water emphasizes the importance of customer safety on Utility Scam Awareness Day by providing tips to identify and avoid utility scams [1] - The company highlights the rising trend of utility scams and urges customers to exercise caution and verify the identity of workers before granting access [1]

Core Viewpoint - Severn Trent presents a strong investment opportunity for investors, highlighting growth, regulatory outperformance, and inflation-linked returns as key factors for consideration [1][2]. Group 1: Investment Highlights - The company is experiencing growth in terms of Regulatory Capital Value (RCV), which is expected to create long-term value for investors [2]. - Severn Trent has achieved regulatory outperformance, which is anticipated to provide attractive returns over the medium to long term [2]. - The company's unique inflation-linked structure is expected to enhance returns for investors [2]. Group 2: Performance Overview - In the first six months of the financial year 2026, Severn Trent has maintained its leading status with the environment agency, marking six consecutive years of top performance [3].

Core Viewpoint - Eversource Energy's proposed $2.4 billion sale of its Aquarion Water subsidiary has been denied by Connecticut's Public Utilities Regulatory Authority, leading to a 7.7% drop in the company's stock in early trading [2] Group 1 - The Connecticut Public Utilities Regulatory Authority voted against Eversource Energy's application for the sale [2] - The proposed sale was valued at $2.4 billion [2] - The sale was intended to transfer Aquarion Water to a newly created quasi-public entity [2]

Eversource Energy’s request to sell subsidiary Aquarion Water Company was rejected by Connecticut regulators after pushback from state officials concerned about consumer costs. https://t.co/uAgAFEEEPL ...

Core Points - American Water, the largest regulated water and wastewater utility company in the U.S., emphasizes the importance of customer safety on Utility Scam Awareness Day [1] - The company provides valuable tips to help customers identify and avoid utility scams, which are on the rise [1] - American Water urges the public to verify the identity of utility workers to enhance safety and prevent scams [1]