AWK Subsidiary New Jersey American Water Approved For $68 Million Annual Revenue Increase
· The NYC Memo
On September 9, 2026, the New Jersey Board of Public Utilities approved a stipulation of settlement granting New Jersey American Water, an AWK subsidiary, a $68 million annualized increase in water and wastewater revenues. This increase, effective September 15, 2026, is based on a 9.5% authorized return on equity, a $6.06 billion authorized rate base, and $1.4 billion of incremental capital investments.