West Virginia American Water Submits Rate Request Driven by $340 Million in Investment; Proposes New Low-Income Tariff for Customers in Need
“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
Recognizing the needs of our most vulnerable customers, the company is proposing a new Low-Income Tariff as part of this filing. This expanded, four-tiered proposal will better tailor rates to different levels of household income. Under this expanded tariff, eligible households would receive monthly bill discounts of between 15 and 65 percent for water and wastewater service. In addition to the proposed tariff, the current Department of Health and Human Resources 20 percent discount program and other customer assistance programs would continue.
“As a company, we believe that the service we provide must be safe, complying with all Environmental Protection Agency regulations and Safe Drinking Water Act standards; reliable, demonstrating resiliency in the face of adverse conditions; and affordable,” continued Burton. “With this in mind, we are pleased to expand our low-income options with our proposed tariff that will reduce rates for qualifying customers.”
If West Virginia American Water’s proposed rates are approved as requested in today’s filing, the monthly water bill for the average residential customer using 3,000 gallons per month would increase approximately
The PSC’s rate review process offers multiple opportunities for customer involvement. Customers can participate through written comments, attendance at public hearings, and consumer advocacy organizations that participate in the proceedings. For more information on the company’s rate proposal and to find out what actions customers may take, visit westvirginiaamwater.com and select “Your Water and Wastewater Rates” under the Customer Service menu.
About West Virginia American Water:
West Virginia American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water services to approximately 587,000 people.
About American Water:
With a history dating back to 1886, American Water is the largest and most geographically diverse
For more information, visit amwater.com and diversityataw.com. Follow American Water on Twitter, Facebook and LinkedIn.
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Media:
Megan Hannah
Sr. Manager, Government and External Affairs
West Virginia American Water
Megan.Hannah@amwater.com
304-380-8455
Source: West Virginia American Water