Tennessee American Water Granted New Rates by Tennessee Public Utility Commission
Tennessee American Water has received approval from the Tennessee Public Utility Commission (TPUC) for new water rates, effective January 21, 2025. The rate adjustment will result in a minimal increase of less than $0.25 per month for Chattanooga residential customers using 3,800 gallons monthly with a 5/8-inch meter.
The company emphasizes its commitment to maintaining and upgrading water systems through prudent investments to ensure safety and reliability. Rate changes will vary across different operating districts. To assist customers, the company offers support through the Project Water Help program, payment plans, and budget billing options. Customers can access assistance by calling United Way at 2-1-1 or visiting the company's website.
Tennessee American Water ha ricevuto l'approvazione dalla Commissione Pubblica dei Servizi del Tennessee (TPUC) per nuove tariffe idriche, in vigore dal 21 gennaio 2025. L'aggiustamento tariffario comporterà un incremento minimo di meno di 0,25 dollari al mese per i clienti residenziali di Chattanooga che utilizzano 3.800 galloni mensili con un contatore da 5/8 pollici.
L'azienda sottolinea il proprio impegno nel mantenere e migliorare i sistemi idrici attraverso investimenti oculati per garantire sicurezza e affidabilità. Le variazioni delle tariffe differiranno tra i vari distretti operativi. Per assistere i clienti, l'azienda offre supporto tramite il programma Project Water Help, piani di pagamento e opzioni di fatturazione su base budgetaria. I clienti possono accedere all'assistenza chiamando United Way al numero 2-1-1 o visitando il sito web dell'azienda.
Tennessee American Water ha recibido la aprobación de la Comisión de Servicios Públicos de Tennessee (TPUC) para nuevas tarifas de agua, que entrarán en vigor el 21 de enero de 2025. El ajuste de tarifas resultará en un aumento mínimo de menos de 0,25 dólares al mes para los clientes residenciales de Chattanooga que utilizan 3,800 galones mensuales con un medidor de 5/8 de pulgada.
La compañía enfatiza su compromiso de mantener y mejorar los sistemas de agua a través de inversiones prudentes para garantizar la seguridad y la confiabilidad. Los cambios en las tarifas variarán en los diferentes distritos operativos. Para asistir a los clientes, la compañía ofrece apoyo a través del programa Project Water Help, planes de pago y opciones de facturación presupuestaria. Los clientes pueden acceder a la asistencia llamando a United Way al 2-1-1 o visitando el sitio web de la empresa.
Tennessee American Water는 테네시 공공 유틸리티 위원회(TPUC)로부터 2025년 1월 21일부터 시행될 새로운 수도 요금에 대한 승인을 받았습니다. 요금 조정으로 인해 장비가 5/8인치인 3,800 갤론을 월 사용한 채타누가의 주거 고객에게는 월 0.25달러 미만의 최소 인상이 발생할 것입니다.
회사는 안전성과 신뢰성을 보장하기 위해 신중한 투자를 통해 수도 시스템을 유지하고 업그레이드하겠다는 의지를 강조합니다. 요금 변경은 서로 다른 운영 구역에 따라 달라질 것입니다. 고객을 돕기 위해 회사는 Project Water Help 프로그램, 지불 계획 및 예산 청구 옵션을 제공합니다. 고객은 유나이티드 웨이에 전화해 2-1-1로 도움을 받을 수 있으며, 회사의 웹사이트를 방문할 수도 있습니다.
Tennessee American Water a reçu l'approbation de la Commission des services publics du Tennessee (TPUC) pour de nouveaux tarifs d'eau, effectifs à partir du 21 janvier 2025. Cet ajustement tarifaire entraînera une augmentation minimale de moins de 0,25 dollar par mois pour les clients résidentiels de Chattanooga utilisant 3 800 gallons par mois avec un compteur de 5/8 pouce.
L'entreprise souligne son engagement à maintenir et améliorer les systèmes d'eau à travers des investissements prudents pour garantir sécurité et fiabilité. Les changements de tarifs varieront selon les différents districts d'exploitation. Pour aider les clients, l'entreprise propose un soutien à travers le programme Project Water Help, des plans de paiement et des options de facturation budgétaire. Les clients peuvent accéder à l'assistance en appelant United Way au 2-1-1 ou en visitant le site web de l'entreprise.
Tennessee American Water hat die Genehmigung der Tennessee Public Utility Commission (TPUC) für neue Wasserpreise erhalten, die am 21. Januar 2025 in Kraft treten. Die Anpassung der Preise führt zu einer minimalen Erhöhung von weniger als 0,25 US-Dollar pro Monat für Wohnkunden in Chattanooga, die monatlich 3.800 Gallonen mit einem 5/8-Zoll-Zähler nutzen.
Das Unternehmen betont sein Engagement, die Wasserversorgungssysteme durch umsichtiges Investieren zu erhalten und zu verbessern, um Sicherheit und Zuverlässigkeit zu gewährleisten. Die Preisänderungen variieren in verschiedenen Betriebsgebieten. Um die Kunden zu unterstützen, bietet das Unternehmen Hilfe durch das Project Water Help-Programm, Zahlungspläne und Budgetabrechnungsmöglichkeiten an. Kunden können Hilfe unter der Nummer 2-1-1 bei United Way anfordern oder die Unternehmenswebsite besuchen.
- Minimal rate increase of less than $0.25 monthly for average Chattanooga customers
- Rate increase approval demonstrates regulatory support for infrastructure investments
- Implementation of rate increases across operating districts
Insights
The Tennessee Public Utility Commission's approval of new water rates for Tennessee American Water marks another successful regulatory outcome for American Water Works (AWK). While the increase appears modest at less than
The approved rate case demonstrates AWK's continued ability to recover infrastructure investments through its regulated utilities - a important aspect of the utility business model. These small, incremental rate increases are actually preferable from an investor perspective, as they:
- Face less regulatory and public resistance than larger rate hikes
- Provide steady, predictable revenue growth
- Support the company's ongoing capital investment program while maintaining customer affordability
The inclusion of customer assistance programs like Project Water Help also showcases AWK's commitment to balancing shareholder returns with social responsibility, an increasingly important factor for utility investors. For AWK's Tennessee operations, which serve Chattanooga and surrounding areas, this rate case approval helps ensure continued stable returns on the company's infrastructure investments.
While this single rate case is relatively small in the context of AWK's
“By making prudent, ongoing necessary investments to maintain and upgrade our water system, Tennessee American Water is committed to the safety and reliability of our water systems in the communities where we live and serve,” said Grant Evitts, Tennessee American Water president. “Our long-term investment approach allows us to continue delivering high-quality water service to our customers.”
With the approved rate increase, the average bill for
Tennessee American Water offers customer assistance through the Project Water Help program, payment plans and budget billing. To request assistance through Project Water Help, customers can call United Way at 2-1-1. Information about the Project Water Help program, payment plans, and budget billing is available at the company’s website.
Customers will receive information about the new rates on their Tennessee American Water bill. Information will also be available on the company’s website at https://www.amwater.com/tnaw/Customer-Service-Billing/Your-Water-Rates/.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in
For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.
About Tennessee American Water
Tennessee American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing high-quality and reliable water services to approximately 420,000 people in
For more information, visit www.tennesseeamwater.com and connect with us on Facebook, X, Instagram and YouTube
AWK-IR
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122913162/en/
Daphne Kirksey
External Affairs Manager
(423) 771-4750
daphne.kirksey@amwater.com
Source: Tennessee American Water
FAQ
When will Tennessee American Water's new rates take effect in 2025?
How much will Tennessee American Water's rate increase affect Chattanooga residential customers?
What assistance programs does Tennessee American Water offer for customers?
How can customers access Tennessee American Water's Project Water Help program?
