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West Virginia American Water has received approval for its 2022 infrastructure replacement program, known as the Distribution System Improvement Charge (DSIC), from the Public Service Commission of West Virginia. The approved surcharge facilitates timely cost recovery for infrastructure investments totaling $32.5 million, including upgrades to over 30 miles of water mains and service lines. Customers will see a reduced surcharge of 1.62%, averaging about $1.01 per month. This is a decrease from the prior year's average surcharge of $3.55, improving financial relief for customers while enhancing water service reliability.
On February 24, 2022, the Public Service Commission of West Virginia approved new water and wastewater rates for West Virginia American Water (WVAW) customers, resulting in an annual revenue increase of approximately $13 million, or 8.33%. This adjustment stems from $258 million in infrastructure investments since 2018, although not all investments were recognized. Wastewater customers in Fayette County will see a 14.87% increase. Aiming to assist low-income households, the new rate structure includes discounts and payment assistance programs.
West Virginia American Water has successfully completed its acquisition of the Page-Kincaid Public Service District’s water distribution system. This transition allows the company to fully integrate the system into its New River operations, enhancing water service reliability for approximately 650 residents. Since December 2020, residents have received quality water, and the company has invested over $7 million to improve the infrastructure. Effective immediately, the average monthly water bill for residents will be $52.36, with options for discounted rates for qualified customers.
West Virginia American Water has successfully acquired the water distribution system of Cedar Grove, which previously served about 395 customers. This acquisition, necessitated by Cedar Grove's inability to maintain its infrastructure, is expected to enhance service reliability through improved operations and necessary investments. Following the acquisition, Cedar Grove residents will transition to West Virginia American Water's service, with average bills set at $43.46 for 3,000 gallons. Rates will gradually align with standard rates set by the Public Service Commission of West Virginia.