Artesian Water Company Announces Credit to Delaware Customers With Proceeds From PFAS Settlement Agreement
Rhea-AI Summary
Artesian Water Company (Nasdaq: ARTNA) will return settlement proceeds to Delaware customers after receiving regulatory approval. The Delaware Public Service Commission approved, and the Delaware Public Advocate supported, using funds from a nationwide PFAS class action settlement to credit customers.
Artesian has received approximately $7.2 million from 3M to date. Active Delaware water customers as of December 1, 2025 will receive an approximate $73 bill credit issued in December, which will appear on the subsequent water bill. The company said the settlement helps offset investments made to test for and treat PFAS in its systems.
Positive
- $7.2M settlement proceeds received from 3M
- Delaware PSC approval and Delaware Public Advocate support
- Customers to receive approximate $73 bill credit in December
- Settlement proceeds help offset Artesian's PFAS treatment investments
Negative
- Credit limited to active customers as of Dec 1, 2025
- Individual credit is modest at approximately $73 per customer
News Market Reaction
On the day this news was published, ARTNA gained 0.19%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEWARK, Del., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced that its principal operating subsidiary, Artesian Water Company, Inc. (“Artesian”), received approval from the Delaware Public Service Commission, and support from the Delaware Public Advocate, to return to its customers proceeds from a national class action settlement addressing PFAS contamination in public drinking water systems.
Artesian has received approximately
“Artesian has always placed the highest priority on delivering safe, reliable water to our customers,” said Nicki Taylor, Chair, President and CEO. “Long before federal regulations were finalized, as an industry leader in protecting public health our team took proactive steps to test for and treat PFAS. We are pleased to be able to use the settlement funds received from 3M to provide a bill credit to our customers, as it is appropriate that those responsible for the PFAS contamination are held accountable and that our customers not fully bear the costs for PFAS treatment.”
Per- and polyfluoroalkyl substances (PFAS) are a large group of environmentally persistent, man-made chemicals used in industrial and commercial household uses including firefighting activities, stain repellents, and non-stick cookware. PFAS have been manufactured and used in various industries around the globe since the 1940s. Due to decades of use, thousands of PFAS chemicals persist in the environment, where over time they may end up in drinking water supplies.
About Artesian Resources
Artesian Resources Corporation operates as a holding company of wholly owned subsidiaries offering water and wastewater services, and other related core services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is the oldest and largest regulated water utility on the Delmarva Peninsula, providing water service since 1905. Artesian supplies 9.5 billion gallons of water per year through 1,491 miles of water main to over a third of Delaware residents.
Contact:
Virginia Eisenbrey
Communications
(302) 453-6900
veisenbrey@artesianwater.com
FAQ
How much did Artesian Water Company receive from the 3M PFAS settlement (ARTNA)?
Which customers qualify for the ARTNA PFAS settlement credit and when will it be issued?
Did regulators approve Artesian's plan to return PFAS settlement funds (ARTNA)?
What is the purpose of the ARTNA customer credit from the PFAS settlement?
Will all Artesian customers nationwide receive the $73 PFAS credit (ARTNA)?
