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Tennessee American Water Files Rate Request Driven by $173 Million in Water System Investments

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Tennessee American Water has filed a petition with the Tennessee Public Utility Commission (TPUC) for rate adjustment, seeking approval for increased rates to cover $173 million in water system investments made from 2012 to 2025. The company aims to provide clean, safe, and reliable water service through investments in infrastructure improvements, water quality enhancements, and environmental compliance. This move reflects the company's commitment to long-term investment for high-quality service delivery.

Tennessee American Water ha presentato una richiesta alla Tennessee Public Utility Commission (TPUC) per un adeguamento delle tariffe, richiedendo l'approvazione per aumentare le tariffe al fine di coprire investimenti per 173 milioni di dollari nel sistema idrico realizzati dal 2012 al 2025. L'azienda si propone di fornire un servizio idrico pulito, sicuro e affidabile attraverso il miglioramento delle infrastrutture, l'incremento della qualità dell'acqua e la conformità ambientale. Questa iniziativa riflette l'impegno della compagnia verso un investimento a lungo termine per la fornitura di un servizio di alta qualità.
Tennessee American Water ha solicitado a la Tennessee Public Utility Commission (TPUC) un ajuste tarifario buscando aprobación para incrementar las tarifas y así cubrir 173 millones de dólares invertidos en el sistema hídrico desde 2012 hasta 2025. La compañía busca proporcionar un servicio de agua limpio, seguro y confiable mediante inversiones en mejoras de infraestructura, mejora de la calidad del agua y cumplimiento ambiental. Este movimiento refleja el compromiso de la empresa con una inversión a largo plazo para proveer un servicio de alta calidad.
테네시 아메리칸 워터가 테네시 공공 유틸리티 위원회(TPUC)에 요금 조정을 위한 청원을 제출하였으며, 2012년부터 2025년까지 수도 시스템에 대한 1억 7300만 달러의 투자 비용을 충당하기 위해 요금 인상을 승인받고자 합니다. 이 회사는 인프라 개선, 수질 향상 및 환경 준수를 통해 깨끗하고 안전하며 신뢰할 수 있는 상수도 서비스를 제공하고자 합니다. 이 조치는 고품질 서비스 제공을 위한 장기 투자에 대한 회사의 약속을 반영합니다.
Tennessee American Water a déposé une pétition auprès de la Tennessee Public Utility Commission (TPUC) pour un ajustement tarifaire, cherchant l'approbation pour augmenter les tarifs afin de couvrir les investissements de 173 millions de dollars réalisés dans le système d'eau de 2012 à 2025. La compagnie vise à fournir un service d'eau propre, sûr et fiable grâce à des investissements dans l'amélioration des infrastructures, l'amélioration de la qualité de l'eau et la conformité environnementale. Cette démarche reflète l'engagement de l'entreprise envers un investissement à long terme pour la livraison d'un service de haute qualité.
Tennessee American Water hat bei der Tennessee Public Utility Commission (TPUC) einen Antrag auf Tarifanpassung eingereicht, der eine Genehmigung für erhöhte Tarife fordert, um 173 Millionen Dollar an Investitionen in das Wassersystem von 2012 bis 2025 zu decken. Das Unternehmen beabsichtigt, durch Investitionen in die Infrastrukturverbesserung, die Verbesserung der Wasserqualität und die Einhaltung von Umweltvorschriften, einen sauberen, sicheren und zuverlässigen Wasserdienst zu bieten. Dieser Schritt spiegelt das Engagement des Unternehmens für langfristige Investitionen zur Bereitstellung eines hochqualitativen Dienstes wider.
Positive
  • Investing $173 million in water system improvements to enhance service quality

  • Focus on replacing aging infrastructure and compliance with environmental regulations

  • Commitment to delivering high-quality, affordable, and reliable service to customers

  • Efforts to ensure public health and safety in the communities served

  • Proposal for universal affordability tariff to assist eligible customers with bill payments

Negative
  • Proposed rate increase may lead to approximately $4.00 per month increase for the average Chattanooga residential customer

  • Final rates subject to TPUC approval, which involves public review

  • Customers need to participate in the rate review process for potential impact on bills

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- Tennessee American Water filed today a petition with the Tennessee Public Utility Commission (TPUC) for approval to adjust rates, reflecting $173 million in water system investments made by the company since its last general rate increase in 2012 through December 2025, to continue providing clean, safe, and reliable service. The request reinforces the company’s commitment to investing in its water system to replace aging infrastructure, provide reliable service, enhance water quality, and comply with environmental regulations.

“Our approach for long-term, efficient, and consistent investment in our water system helps us deliver high-quality affordable and reliable service to our customers,” said Grant Evitts, president of Tennessee American Water. “By making prudent, ongoing investments, Tennessee American Water is committed to protecting public health and safety in the communities we serve. At the same time, we remain committed to addressing the needs of our most vulnerable customers.”

The company’s last general rate increase was filed with the TPUC in June 2012. Since then, the company has made over $173 million in capital investments. These projects are important to continue providing quality water, increasing fire protection and service reliability for our customers. The investments have included:

  • Replacement of two water basins that had reached the end of their service life with newer, more efficient technology.
  • Installation of two new water tanks in Whitwell and emergency interconnects with the Dunlap water system.
  • Completion of twelve tank rehabilitations, including two water tanks on Lookout Mountain.
  • Completion of a disinfection building that enhances public and employee safety standards at the treatment plant.

Tennessee American Water’s rates are based on the cost of providing water service as reviewed and approved by the TPUC. If the company’s proposed rates are approved as requested, the water bill for the average Chattanooga residential customer would increase approximately $4.00 per month.

Part of today’s filing with the TPUC includes a proposal for a new universal affordability tariff to help provide eligible customers bill payment assistance. Customers who are at or below 150% of the federal poverty level would qualify for a tiered discount. Currently, Tennessee American Water offers customer assistance through the Project Water Help program, payment plans and budget billing. To request assistance through Project Water Help, customers can call United Way 2-1-1. Information about this as well as payment plans and budget billing is available at the company’s website.

Final rates are subject to the TPUC’s approval, which includes a thorough public review of Tennessee American Water’s rate request. The TPUC’s rate review process offers opportunities for customer involvement. Customers can participate through the submission of written comments and providing oral comments at a future public meeting. For more information on the company’s rate proposal and to find out what actions customers may take, visit https://www.amwater.com/tnaw/Customer-Service-Billing/Your-Water-Rates/.

The proposed rates in the request are not effective until a ruling by the TPUC. Once a decision is made, customers will receive information on the new rates on their bills and on our website.

ABOUT AMERICAN WATER
American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water’s 6,500 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

ABOUT TENNESSEE AMERICAN WATER
Tennessee American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing high-quality and reliable water services to approximately 420,000 people in Tennessee and north Georgia. For more information, visit www.tennesseeamwater.com and connect with us on Facebook, X, Instagram and YouTube.

AWK-IR

Media:

Daphne Kirksey

Manager, External Affairs

Tennessee American Water

Daphne.Kirksey@amwater.com

Source: American Water Tennessee

FAQ

What is the purpose of Tennessee American Water's rate request?

Tennessee American Water is seeking approval for rate adjustment to cover $173 million in water system investments made from 2012 to 2025.

What are some of the investments made by Tennessee American Water?

The investments include replacing aging infrastructure, enhancing water quality, and ensuring compliance with environmental regulations.

How will the proposed rates impact customers?

The average Chattanooga residential customer may see an increase of approximately $4.00 per month if the proposed rates are approved.

How can customers receive assistance with bill payments?

Tennessee American Water proposes a new universal affordability tariff to assist eligible customers with bill payment. Other assistance options include Project Water Help, payment plans, and budget billing.

What is the customer involvement process in the rate review?

Customers can participate in the rate review process by submitting written and oral comments to the TPUC, ensuring transparency and public input in the decision-making.

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About AWK

founded in 1886, american water is the largest publicly traded u.s. water and wastewater utility company. with headquarters in voorhees, n.j., the company employs more than 6,800 dedicated professionals who provide drinking water, wastewater and other related services to approximately 14 million people in more than 40 states as well as parts of canada. more information can be found at www.amwater.com.