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Investor Presentaiton

Continued Focus on Customer Affordability AMERICAN WATER 0.9% $ Avg. Monthly Residential Water Bill (AWK Customers) as % of Median Household Income* 0.8% 0.7% 0.6% 0.5% 0.4% 0.3% 0.2% 0.1% 2010 2012 2014 2016 2018 2020 2021 2022 Values around Affordability ➤ Focused on keeping customer bills affordable compared to income (wallet share) ➤Culture of continuous improvement, diligent cost management, and technology enhancements helps drive affordability Supportive of state legislation on consolidated tariffs that allows customers to benefit from efficiencies of scale Continue to promote low-income assistance programs and tariffs * Estimated based on data from the US Census Bureau American Community Survey based on zip codes served by American Water. American Water does not collect household income data from its customers. 12 Case No. 2022-00432 Bluegrass Water's Response to PSC 3-25 Exhibit PSC 3-25(b) - Part 1 of 2 Page 12 of 39
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