Virginia American Water Granted New Rates by Virginia State Corporation Commission
The Virginia State Corporation Commission (SCC) has approved a settlement for new water and wastewater rates for Virginia American Water. The approved rates represent a total annualized revenue increase of approximately $14.6 million.
Interim Rates in Effect May 1 for Virginia American Water Customers
Virginia American Water announced that interim water and wastewater rates have been implemented today for customers throughout the state as outlined in the company’s general rate application filed with the State Corporation Commission (SCC) on November 1, 2023.
Virginia American Water Finalizes Acquisition of Town of Cape Charles Water and Wastewater Systems
Virginia American Water announced today it has closed the acquisition of the drinking water and wastewater system assets of the Town of Cape Charles, Virginia for $15 million. This acquisition brings approximately 1,400 water and wastewater customers to Virginia American Water and is the second to be completed by the company under the Fair Market Value Legislation enacted by the Virginia General Assembly in 2020.
Virginia American Water Completes Acquisition of E.L. Goddard Water Systems
Virginia American Water announced today it has completed the acquisition of the water systems owned and operated by E.L. Goddard, Inc. for $375,000. Virginia American Water’s petition to acquire the systems was approved by the Virginia State Corporation Commission on April 27, 2023.
Virginia American Water Signs Agreement to Purchase Town of Cape Charles Water and Sewer Systems
Virginia American Water announced today it has signed a comprehensive asset purchase agreement for the drinking water and wastewater assets of the Town of Cape Charles, Virginia for up to a maximum of $15 million, pending appraised values and regulatory approvals. The combined systems serve 2,300 customers.
Virginia American Water Finalizes Acquisition of Town of Waverly Water System
Virginia American Water announced today it has closed the acquisition of the drinking water system assets of the Town of Waverly, Virginia for $2.2 million. This acquisition is the first to be completed under the recently passed Fair Market Value Legislation enacted by the General Assembly of Virginia.
New Rates in Effect May 1 for Virginia American Water Customers
Virginia American Water announced today that interim water and wastewater rates will be implemented on May 1, 2022, for residential, commercial and industrial customers.
Virginia American Water Files Rate Request with State Corporation Commission
Virginia American Water today filed a general rate application with the State Corporation Commission (SCC) requesting an overall increase in rates of $14.3 million.
