West Virginia American Water filed a rate adjustment request today with the Public Service Commission of West Virginia reflecting approximately $340M in water and wastewater system investments made from 2020 through February 2025 to continue providing safe and reliable service. The company continues to make needed investments to replace aging infrastructure, comply with water quality and environmental regulations and meet customers’ water and wastewater service needs. If approved, new rates reflecting these investments would not go into effect until February 2024. "This rate request provides for recovery of our investment from 2020 to present and seeks to facilitate future system investments into 2025," said Robert Burton, president of West Virginia American Water. "The rates established in our last request did not recognize more than $48 million in system investments we had made by the time those rates took effect. Today’s filing seeks to remedy this investment recovery delay and to create long-term rate stability for our customers by accounting for the investment occurring throughout our water and wastewater systems."
Published first on TheFly
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