New Jersey American Water Secures $68 Million Rate Hike for Infrastructure

New Jersey American Water has secured a $68 million annual rate hike to fund $1.4 billion in infrastructure upgrades, effective September 15, 2026. The regulatory approval includes a mechanism to return over $79 million in PFAS settlement proceeds as monthly credits, which will offset rate increases for eligible customers and support critical maintenance of aging water systems.

• 2026-09-10 14:33 UTC

  According to ROI-NJ, the New Jersey Board of Public Utilities has also approved the return of over $79 million in PFAS litigation proceeds and interest to eligible customers via the PLUS mechanism. This approval supports the replacement of nearly 120 miles of aging mains and advances treatment upgrades for emerging contaminants, with the company emphasizing that the credits are transparently identified on bills to ensure affordability.

  Source: GN auto stocks/utilities: water rates
• 2026-09-10 10:45 UTC

  Per GN auto stocks/utilities: water rates, the new charges take effect on September 15, with the $9.88 monthly credit set to appear on bills starting in that month. The utility also revealed specific bill impacts, noting that average residential water users will see a roughly $4 monthly increase, while combined water and wastewater customers face an average hike of nearly $8.

  Source: GN auto stocks/utilities: water rates
• 2026-09-09 21:04 UTC

  New Jersey American Water receives regulatory approval for a $68 million annual revenue increase to fund $1.4 billion in system upgrades. A separate $9.88 monthly credit will offset bill impacts for eligible customers for one year.

  Source: GN auto stocks/utilities: water rates