Tennessee American Water Delivers Additional PFAS Settlement Credit to Customers
The company says it is taking actions to meet new PFAS regulations as they are implemented.
Sentiment and the balance of points
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Rhea-AI Summary
Tennessee American Water (AWK) applied an additional settlement credit to water customer accounts on November 10, bringing refunds above $84 per customer.
The latest $13.07 credit follows receipt of proceeds from settlements with manufacturers of per- and polyfluoroalkyl substances (PFAS). A Tennessee Public Utility Commission-approved plan allows settlement funds to reach customers through bill credits as funds are received. Tennessee American Water also plans to invest over $50 million in capital improvements across its service territories.
Positive
- Minor point. Forward-looking: it has not happened yet and may not happen.Planned capital improvements across Tennessee American Water's service territories total over $50 million.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.

Latest credit of over
The latest
The credit was made possible through Tennessee Public Utility Commission approval of a plan that enables Tennessee American Water to provide PFAS settlement funds directly to customers through bill credits as the funds are received.
The company is committed to complying with all drinking water standards and is taking appropriate actions to meet new PFAS regulations as they are implemented. Tennessee American Water plans to invest over
About American Water
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in
About Tennessee American Water
Tennessee American Water, a subsidiary of American Water, is the largest regulated water utility in the state with approximately 100 dedicated employees working to provide safe, clean, reliable and affordable water services to approximately 425,000 people in Tennessee and north Georgia. Connect with us on Facebook and Instagram.
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SOURCE American Water
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