Regulated Acquisitions and Growth Outlook
Review of 2024-2028 Capital Investment Plan
Includes $1B for Treatment of PFAS at EPA's Proposed New Levels
AMERICAN WATER
Federal PFAS Rule Recap
➤ March 2023: The United States EPA proposed drinking water standards for six PFAS
American Water estimates ~$1 billion of capital over a 3 to 5-year period, mostly in 2025-2027, will be needed to
comply with the rule as proposed, plus ~$50 million annually for operating expenses
➤ American Water is currently part of Multi-District Litigation against multiple PFAS manufacturers to support our view
that the ultimate responsibility for the cleanup of these contaminants should fall to the polluters
Capital Plan Bridge ($ in billions)
$0.6
$1.0
$0.4
$14-15
2023-27
Capital Plan
Higher need
in out-year as
2023 rolls off
Mostly in
2025-2027
Expected
higher need
annually
$0.5
$16-17
($0.5)
Includes
meter and
hydrant
projects as
examples
Includes
lower risk
main and
service
replacement
projects
Plan roll forward
to 2028
Estimated total
PFAS capital
Acquired systems'
follow-on capital
Emerging capital projects
Deferred projects via
a risk-based assessment
2024-28
Capital Plan
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