Second Quarter/YTD 2023 Results slide image

Second Quarter/YTD 2023 Results

Pending Rate Case Filings ($ in millions) Rate Cases Filed California (a) Indiana (b) West Virginia (c) Kentucky (o (d) AMERICAN WATER Docket/Case Number Date Filed Case No. A.22-07-001 7/1/2022 Requested Revenue Increase $37 ROE Requested Rate Base NA $921 Cause No. 45870 3/31/2023 43 10.60% 1,614 Docket No. 23-0383-W-42T 5/1/2023 45 10.50% 955 Case No. 2023-00191 6/30/2023 26 10.75% 588 Infrastructure Charges Filed Kentucky (QIP) Case No. 2023-00030 3/1/2023 Sub-Total $151 $4 Sub-Total $4 Total $155 $4,078 $30 $30 $4,108 a) b) c) The Company's California subsidiary has requested additional annualized revenues of $55.8 million for test year 2024. This excludes the proposed step rate and attrition rate increase for 2025 and 2026 of $19.5 million and $19.8 million. The total revenue requirement request, based on present rates effective at the time of filing, for the three year rate case cycle is $95.1 million. The Company updated its filing in January 2023 to incorporate a decoupling proposal, the revised requested additional annualized revenues for the test year 2024 is $36.5 million. This excludes the proposed step rate and attrition rate increase for 2025 and 2026 of $20.1 million and $19.8 million. The total revenue requirement request for the three year rate case cycle, incorporating updates to present rate revenues and forecasted demand, is $76.4 million. The Company's Indiana subsidiary has requested additional annualized revenues of $43.2 million for Step 1 proposed to effective Jan 2024, this excludes the $40.5 million for infrastructure surcharges. This excludes the proposed step 2 and 3 rate increase proposed to be effective in May 2024 and May 2025 in the amount of $18.1 million and $25.4 million, respectively. The total revenue requirement request, based on present rates effective at the time of filing, for the three step rate case cycle is $86.7 million. The Company's West Virginia subsidiary has requested additional annualized revenues of $44.9 million, this excludes the $6.9 million for infrastructure surcharges. The Company's Kentucky subsidiary has requested additional annualized revenues of $26.1 million, this excludes the $9.8 million for infrastructure surcharges. 38
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