Essential Utilities (WTRG) Arm Files for Annual Rate Hike [Yahoo! Finance]
Essential Utilities, Inc. (WTRG)
Last essential utilities, inc. earnings: 2/26 05:01 pm
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Source: Yahoo! Finance
Commission (PUC), requesting an adjustment in water and wastewater rates. The company requested an overall rate increase of $126.7 million per year for its water and wastewater operations. The rate revision request, Aqua's first in almost three years, covers capital investments and system repairs that it has made since April 2023 and is projected to make through the end of 2025. Rate Hikes Essential Rate hikes are essential as it will allow the company to recoup the capital invested and generate fresh fund for future capital projects. If the rate hike is approved by PUC without any changes, it will increase the residential water bill for a typical customer using 3,870 gallons per month from $80.91 to $97.01, an increase of about $16.10 per month (54 cents per day). The average monthly residential wastewater bill would increase from $81.18 to $96.10. Investment Required in Water Space Per U.S. Environmental Protection Agency, investments of $625 billion and $271 billion are
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WTRG
Earnings
- 5/2/24 - Beat
WTRG
Sec Filings
- 6/25/24 - Form 4/A
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- WTRG's page on the SEC website