American Water Works Files Maryland Rate Case Update

TL;DR

AWK subsidiary Maryland-American Water filed a general rate case; expect rate adjustments.

AI Summary

American Water Works Company, Inc. filed an 8-K on August 1, 2025, to report on a general rate case filing made by its subsidiary, Maryland-American Water. This filing is a procedural step related to the company's operations and regulatory environment in Maryland.

Why It Matters

This filing indicates a regulatory action that could impact the rates Maryland-American Water charges its customers, potentially affecting the company's revenue and profitability in that jurisdiction.

Risk Assessment

Risk Level: medium — Rate case filings are routine for regulated utilities but can lead to unpredictable outcomes regarding revenue and customer impact.

Key Players & Entities

• American Water Works Company, Inc. (company) — Registrant
• Maryland-American Water (company) — Subsidiary filing rate case
• August 1, 2025 (date) — Date of report and earliest event
• 001-34028 (other) — Commission File Number
• 51-0063696 (other) — IRS Employer Identification No.

FAQ

From the Filing

0001410636-25-000154.txt : 20250801 0001410636-25-000154.hdr.sgml : 20250801 20250801163416 ACCESSION NUMBER: 0001410636-25-000154 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250801 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250801 DATE AS OF CHANGE: 20250801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: American Water Works Company, Inc. CENTRAL INDEX KEY: 0001410636 STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941] ORGANIZATION NAME: 01 Energy & Transportation EIN: 510063696 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34028 FILM NUMBER: 251176683 BUSINESS ADDRESS: STREET 1: 1 WATER STREET CITY: CAMDEN STATE: NJ ZIP: 08102-1658 BUSINESS PHONE: 856-955-4001 MAIL ADDRESS: STREET 1: 1 WATER STREET CITY: CAMDEN STATE: NJ ZIP: 08102-1658 8-K 1 awk-20250801.htm FORM 8-K - MARYLAND-AMERICAN WATER GENERAL RATE CASE FILING awk-20250801 0001410636 false 0001410636 2025-08-01 2025-08-01 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 1, 2025 American Water Works Company, Inc. (Exact name of registrant as specified in its charter) Commission File Number: 001-34028 Delaware 51-0063696 (State or other jurisdiction of incorporation) (IRS Employer Identification No.) 1 Water Street Camden , NJ 08102-1658 (Address of principal executive offices, including zip code) ( 856 ) 955-4001 (Registrant’s telephone number, including area code) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Trading Symbol Name of Each Exchange on Which Registered Common stock, par value $0.01 per share AWK New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 8.01.    Other Events. Filing of Rate Request with the Public Service Commission of Maryland (the “MDPSC”) by Maryland-American Water Company (“Maryland American Water”) On August 1, 2025, Maryland American Water, a wholly-owned subsidiary of American Water Works Company, Inc. (the “Company”), announced that it filed a request with the MDPSC to adjust its water rates. The request seeks aggregate annualized incremental revenues of $3.0 million. The request is based on a proposed return on equity of 10.64% and a capital structure with an equity component of 52.32%. The requested annualized incremental revenue is driven primarily by approximately $22.0 million of capital investments completed by Maryland American Water from February 2019 through April 2025. The filing must be approved by the MDPSC, and if approved, it is anticipated that new rates would take effect in March 2026. A copy of the press release issued by Maryland