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Settlement Unanimously Approved in Pennsylvania American Water Rate Request

Press release content from Business Wire. The AP news staff was not involved in its creation. Settlement Unanimously Approved in Pennsylvania American Water Rate Request February 25, 2021 GMT MECHANICSBURG, Pa. (BUSINESS WIRE) Feb 25, 2021 The Pennsylvania Public Utility Commission (PUC) today unanimously approved a settlement agreement that was previously filed between the company and the PUC Bureau of Investigation and Enforcement. This allows Pennsylvania American Water to raise its water and wastewater rates over a two-year period to reflect the continued investment made by the company to provide reliable, quality service. The company’s rate request was driven by $1.64 billion of investment from 2019 through 2022 to replace and upgrade aging infrastructure.

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