Maryland American Water Encourages Customers to Practice Wise Water Use as Hotter, Drier Summer Conditions Raise Drought Concerns Across Maryland
American Water (NYSE:AWK) subsidiary Maryland American Water urges customers to practice wise water use as Maryland faces severe drought after three years of dry weather and below-average rainfall.
Rhea-AI Summary
American Water (NYSE:AWK) subsidiary Maryland American Water urges customers to practice wise water use as Maryland faces severe drought after three years of dry weather and below-average rainfall.
The company shares outdoor conservation tips, highlights potential bill savings, and promotes its MyWater portal for tracking household usage.
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Details
News Market Reaction – AWK
On Jun 4, the day this news came out, AWK closed 1.26% below the previous close.
Data tracked by StockTitan Argus for the Jun 4 session.
Key Figures
- Drought duration
- three consecutive years
- Dry weather contributing to Maryland drought conditions
- Midday watering loss
- 30 percent
- Water that can be lost to evaporation when watering midday
- Mulch depth
- two- to three-inch layer
- Suggested mulch thickness to retain moisture and prevent weeds
- Recommended grass height
- 2.5 to 3.5 inches
- Mower blade height for more drought‑resistant grass
- Homes with leaks
- Ten percent
- Share of homes estimated to have leaks
- Daily water waste from leaks
- 90 gallons or more per day
- Potential household water waste from leaks
- Usage history window
- up to two years
- Water usage data available in MyWater portal
Historical Context
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Achieved Utility Resilience Index goal five years early with $48B capex plan.
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Joined regulator panel on utility affordability at WCPSC annual meeting.
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Closed purchase of Montague systems, adding water and wastewater customers.
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Virginia subsidiary acquired Colchester Utilities wastewater system and customers.
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Illinois acquisition adding thousands of connections with $67M upgrade plan.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Drought conditions across the
"At Maryland American Water, wise water use is more than a seasonal concern, it's an everyday commitment," said Jeff Barton, Operations Manager at Maryland American Water. "As temperatures rise and water demand increases during the summer months, simple actions taken at home and outdoors can make a meaningful difference in helping protect local water resources. Reduced usage can also result in lower water bills as well."
Maryland American Water encourages customers to practice wise water use habits throughout the summer. From adjusting your watering schedule to fixing household leaks, every drop counts. Here are some helpful outdoor tips:
- Water early in the morning or later in the day and even at night to minimize evaporation. As much as 30 percent of water can be lost by watering midday.
- Make use of rainwater by collecting it in rain barrels for use on outdoor plants and gardens.
- Check sprinkler heads to help ensure water isn't being wasted on pavement or unwanted areas.
- Use a broom instead of a hose to clean patios, driveways and sidewalks.
- Mulch garden beds to retain moisture and prevent weeds. A two- to three-inch layer is typically effective.
- Set your mower blades higher. Grass cut to 2.5 to 3.5 inches is more drought-resistant and healthier overall.
- Check for leaks. Even small leaks can waste thousands of gallons of water each year. Ten percent of homes have leaks that can waste 90 gallons or more per day.
Maryland American Water customers can monitor water usage through MyWater, the company's customer self-service portal which provides up to two years of usage data. MyWater also provides information about budget billing, customer assistance programs and more.
For more tips and resources, including tips for saving water indoors, visit Maryland American Water's Wise Water Use page.
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in
About Maryland American Water
Maryland American Water, a subsidiary of American Water, provides safe, clean, reliable and affordable water services to approximately 26,000 people. For more information, visit www.amwater.com/mdaw/ and join Maryland American Water on LinkedIn, Facebook, and X.
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SOURCE American Water
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