Iowa American Water Files Rate Request Driven by Over $157 Million in Investment
American Water Works Company, Inc. (AWK)
Last american water works company, inc. earnings: 2/18 04:37 pm
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ir.amwater.com
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Source: Business Wire
Request reinforces company’s commitment to providing clean, safe, reliable and affordable water and wastewater service DAVENPORT, Iowa--(BUSINESS WIRE)--Iowa American Water filed a rate request today with the Iowa Utilities Board (IUB) reflecting more than $157 million in water and wastewater system improvements from October 2021 through March 2026 to continue providing clean, safe, reliable and affordable service. The request reinforces the company’s commitment to investing in its water and wastewater systems to replace aging infrastructure, meet water quality and environmental regulations, provide resiliency of operations, increase fire protection and meet customers’ other water and wastewater service needs.“We carefully plan and invest in the infrastructure of our water and wastewater systems that provide service to approximately 225,000 people in nine eastern Iowa communities,” said Randy Moore, president of Iowa American Water. “By making prudent, ongoing investments, Iowa Ame
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