Indiana American Water Files Stipulation & Settlement Agreement Regarding Rate Request
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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Source: Business Wire
GREENWOOD, Ind.--(BUSINESS WIRE)-- Indiana American Water today announced an all-party settlement agreement regarding its rate request with the Indiana Utility Regulatory Commission (IURC). The agreement is subject to approval by the IURC. “We have made significant investments in aging infrastructure over the last several years to ensure service reliability, water quality and fire protection for our customers across the state, while holding our operating and maintenance expenses relatively flat,” said Indiana American Water President Deborah Dewey. “At the same time, we have maintained top-quartile customer service, enhanced our water quality and environmental compliance record, and reduced water loss in our distribution system.” Indiana American Water has invested more than $542 million in its water systems across the state to ensure reliable service to its customers. The agreement includes a 7.
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