NJBPU Approves $68 Million Annualized Rate Increase for American Water
The New Jersey Board of Public Utilities approved a settlement that raises New Jersey American Water’s water and wastewater revenues by $68 million on an annualized basis, effective September 15, 2026. The increase is below an initial $145 million request and reflects an ROE of 9.5%, a $6.06 billion rate base, and a settlement driven by $1.4 billion in incremental capital investments.