How American Water Grows Earnings

AMERICAN WATER Rate Cases Filed Company Virginia California Infrastructure Charges Filed Tennessee (QIIP, EDI, SEC) New York (SIC) West Virginia (DSIC) Rate Filings Awaiting Final Order Docket/Case Number Requested Revenue Date Filed Increase ROE Requested Rate Base Case No. PUR-2018-00175 11/2/2018 $5(a) 10.80% $196 Case No. A. 19-07-xxx 7/1/2019 26(b) $31 689 $885 11/16/2018 $2(c) $19 5/30/2019 2 18 6/28/2019 4 (d) Total Awaiting Final Order: $8 $39 41 $78 (a) The requested increase filed for was $5.6 million, which includes $0.9 million from infrastructure filings. Interim rates were effective on May 1, 2019, under bond and subject to refund. (b) Test Year 2021 revenue requirement requests an increase of $26.0 million. This excludes the step rate and attrition rate increase for 2022 and 2023 of $9.8 million and $10.8 million, respectively. The total revenue requirement request for the three year rate case cycle is $46.6 million. (c) The $2 million revenue increase requested is proposed to be offset with savings from the Tax Cuts and Jobs Act savings. (d) The DSIC revenue requirement is $3.7 million increase which is offset by $0.1 million related to Boone-Raleigh Acquisition Settlement adjustment. 41

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