New Jersey American Water Seeks New Rates
This afternoon, New Jersey American Water filed a petition with the New Jersey Board of Public Utilities (BPU) for new rates seeking recovery of the significant investment the company has made into its water and wastewater infrastructure since its last rate adjustment in 2015.
In less than three years we have invested more than $868 million in infrastructure upgrades, including more than 200 miles - over 1 million feet - of water main, to ensure continued water quality, service reliability and fire protection for the more than 2.7 million people who depend on us.
If approved as requested, the water bill for the average residential customer using 6,000 gallons of water a month would increase between $10.84 and $13.83 per
month, and the average wastewater customer bill would increase between $0.80 and $8.54 per month. Even with the increase, the cost of high-quality, reliable, 24-hour water and wastewater service would continue to be among the lowest household utility bills. The company also requested a 2%-5% increase in its fire hydrant charge, depending on the area.
Rates will remain unchanged until this request undergoes extensive public scrutiny by the BPU, the New Jersey Division of Rate Counsel, and the Office of Administrative Law.
To learn more about our filing, please join company officials at one of the following breakfast meetings: