AWK Growth Outlook and Military Services Strategic Value
Legislative and Rate Case Updates
AMERICAN WATER
Indiana
Senate Enrolled Act 272
Legislative
Effective 7/1/2022
•Requires public reporting of a non-jurisdictional utility's asset management
program
• Establishes oversight for non-jurisdictional utilities with violations that create
environmental or human health and safety issues
Senate Enrolled Act 273
Effective 7/1/2022
• Authorizes the recovery of property tax in DSIC filings
• Allows recovery for changes in property tax and for costs attributable to
referenda or action by elected or appointed individuals
Completed Rate Cases in 2022
PENNSYLVANIA
AMERICAN WATER
•
•
•
•
Step Increase
Additional authorized revenues of $20 million
Effective 1/1/2022
Step Increase
•Additional authorized revenues of $13 million
•
°
• Effective 1/1/2022
CALIFORNIA
AMERICAN WATER
WEST VIRGINIA
•
General Rate Case
• Additional authorized revenues of $15 million
AMERICAN WATER
•
Effective 2/25/2022
Virginia
House Bill 182 / Senate Bill 500
Effective 7/1/2022
• Requires ratemaking proceeding to evaluate investor-owned
water/wastewater utilities on a stand-alone basis and utilize the utility's
actual end-of-test period capital structure and cost of capital without regard
to affiliated entities
NEW JERSEY
AMERICAN WATER
ILLINOIS
AMERICAN WATER
PENNSYLVANIA
Rate Cases filed in 2022
AMERICAN WATER
•
Rate case filed January 14, 2022
O Capital Investment of $985 million
• Rate case filed February 10, 2022
•
•
•
O Capital Investment of $1.1 billion
Rate case filed April 29, 2022
O Capital Investment of $1.1 billion
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