Welcome to our dedicated page for American Wtr Wks Co news (Ticker: AWK), a resource for investors and traders seeking the latest updates and insights on American Wtr Wks Co stock.
American Water Works Company Inc (AWK), the largest investor-owned U.S. water utility since 1886, provides essential water services through regulated operations and military contracts. This page aggregates official news and regulatory developments impacting this infrastructure leader.
Investors and stakeholders will find timely updates on earnings announcements, rate case decisions, and infrastructure investments. Our curated feed includes press releases about service expansions, environmental compliance milestones, and operational updates from AWK's 16-state footprint.
Key content focuses on regulatory filings with state commissions, capital improvement plans, and water quality initiatives. Track developments in AWK's military housing contracts and technological advancements in leak detection systems.
Bookmark this page for structured access to SEC filings, dividend declarations, and sustainability reports. Check regularly for analysis of how rate base growth and infrastructure renewal cycles impact this essential service provider.
American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has earned a spot on Forbes America's Best Large Employers 2025 list. The recognition stems from an independent survey conducted by market research firm Statista, which gathered feedback from over 217,000 U.S.-based employees.
The comprehensive evaluation process focused on companies with at least 1,000 employees, with the large employers category specifically requiring more than 5,000 employees. Survey participants were asked about their willingness to recommend their employer and assess other companies within their industry. The final rankings incorporated data from the past three years, with greater weight given to recent evaluations and current employee feedback.
Illinois American Water has completed two major water main replacement projects in Pekin, totaling a $7 million investment in local water infrastructure. The projects aim to enhance reliability, resiliency, and fire protection of the community water system.
The first project, Well 8 & 9 Transmission Improvements, cost $4.74 million and installed approximately 8,800 feet of 12-inch and 16-inch water main along multiple streets. The project, executed by Pipco Companies and Maurer-Stutz, started in 2022 and was completed in 2024.
The second project, Derby Street Water Main Replacement, coordinated with the City of Pekin's roadway reconstruction project, replaced aging water main infrastructure at a cost of $2.23 million. JC Dillon and Maurer-Stutz completed this project between 2023 and 2024.
American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., is promoting the EPA's Fix a Leak Week 2025 with guidance on leak detection. The company announced plans to invest $42 billion over the next ten years across its nationwide footprint for water and wastewater infrastructure renewal, including pipe replacement and leak detection technology.
According to EPA data, approximately 10% of households have leaks that waste 90 gallons or more per day. The company provided detailed tips for homeowners to identify leaks in common household fixtures including toilets, faucets, washing machines, bathtubs, showers, and boiler systems. A single leaky faucet can waste up to 3,200 gallons of water annually.
Pennsylvania American Water has announced a significant $675 million investment in system improvements across its service areas in 2024, covering 37 counties and 418 communities. The investment breakdown includes $583 million for water systems and $92 million for wastewater systems.
Key infrastructure improvements include:
- $220.4 million for installing 94.7 miles of water and wastewater mains
- $13.6 million for 1,038 fire hydrants and 3,165 valves
- $40.5 million for 11,651 service lines
The company's president, Justin Ladner, emphasized their commitment to maintaining and upgrading infrastructure for safe, clean, and reliable service. This investment initiative has generated over 10,125 jobs throughout the economy.
American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., has highlighted its digital self-service options through its online customer portal, MyWater, and company website. The initiative aims to enhance customer convenience by providing 24/7 access to account management and information services.
Key features include:
- Account management, bill payments, and enrollment in Auto Pay and Paperless Billing
- Access to customer assistance programs and payment options
- Virtual Assistant service available Monday through Friday, 7 a.m. to 7 p.m.
- Interactive Customer Advisory Map for alerts
- Water quality reports and service line inventory information
- Three-year water usage data and conservation tips
California American Water has announced enhanced digital services through its online self-service customer portal, MyWater, and company website to improve customer account management and information access. The platform offers features including:
- Bill viewing and payment options
- Auto Pay and Paperless Billing enrollment
- Payment assistance program access
- Service activation and deactivation
- Water usage data tracking for up to three years
- Interactive Customer Advisory Map for alerts
- Water quality reports and conservation tips
The company's Vice President of Operations, Garry Hofer, emphasized their commitment to making customer interactions effortless and efficient through 24/7 accessible online tools.
New Jersey American Water has signed a $19.7 million agreement to acquire the South Orange Village water system, following a 62% voter approval in November 2024. The system serves approximately 5,000 customer connections.
The company commits to investing $50 million in infrastructure improvements within the first 10 years of ownership. Key improvements to the century-old system include:
- Replacing all lead and galvanized service lines by 2031
- Upgrading four-inch water mains and fire hydrants
- Replacing the Crest Drive Standpipe
- Rehabilitating the Main Reservoir and Newstead Watersphere
Subject to New Jersey Board of Public Utilities approval, the acquisition is expected to complete in the second half of 2025.
Pennsylvania American Water has secured $19.3 million in funding from PENNVEST, comprising low-interest loans and a grant for two major infrastructure projects. The first project, supported by a $15.2 million loan at 1% interest over 30 years, will upgrade the Kinzua Road Wastewater Treatment Plant in Kane Borough, increasing its capacity from 3.5 MGD to 5.25 MGD.
The second project, funded by a $2.46 million loan and $1.64 million grant, aims to replace 250 lead water service lines in Homestead Borough, Allegheny County. The loan terms are 1% for the first five years and 1.743% for the remaining 15 years of the 20-year period. These improvements will enhance water quality and reduce combined sewer overflow events.
Virginia American Water has received approval from the Virginia State Commission for new water and wastewater rates, resulting in a total annualized revenue increase of $14.6 million. The rate adjustment follows over $110 million in infrastructure investments in treatment system and distribution upgrades.
The new approved rates, effective May 1, 2024, actually represent a decrease from interim rates. Customers using 4,000 gallons monthly will see their water bills decrease by approximately $2.00 per month, while wastewater customers will experience roughly a $1.50 monthly decrease. The company serves approximately 350,000 people and will issue credits to customers for the difference between interim and permanent rates within 90 days.
Illinois American Water has invested over $277 million in system improvements across its service areas in 2024, continuing its significant infrastructure investment trend that totals approximately $2 billion since 2013. Major projects included:
- A $6.3 million upgrade in Alton featuring ultraviolet light equipment
- A $31.5 million investment in Jerseyville for enhanced water treatment
- A new $40 million water treatment plant in Lincoln with 5 million gallons daily capacity
- $67 million for installing and replacing over 42 miles of main
- $6.8 million for replacing 345 fire hydrants and 782 valves
- $27.2 million in wastewater treatment facility improvements
These investments aim to address aging infrastructure, maintain safety standards, and meet regulatory requirements. The company's capital investments contributed to creating over 4,200 jobs in Illinois during the year.
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