Maryland American Water Receives Rate Order that Supports Bel Air’s Water Supply

New 90 million gallon impoundment (reservoir) ensures safe,
reliable water supply for generations to come

BEL AIR, Md.–(BUSINESS WIRE)–The Maryland Public Service Commission (PSC) approved a settlement
agreement between Maryland American Water, the Maryland Office of
People’s Counsel and PSC Staff for new water rates for customers in the
Town of Bel Air and parts of Harford County.


Maryland American Water’s rate request, which was filed with the PSC on
June 28, 2018, was driven by the $15.4 million investment the company
made to construct a 90 million gallon raw water impoundment (reservoir)
and new intake since the company’s last rate increase in 2015. The
impoundment, located on the historic Mt. Soma site – land Maryland
American Water purchased in 2015 – is now in service. The new
impoundment was needed as the water supply from Winters Run was not
sufficient at times to meet all demands. The new impoundment will now
ensure a safe and reliable water supply for Maryland American Water
customers.

“We appreciate the transparent and thorough PSC review process and the
opportunity for the public to provide input,” said Barry Suits,
president, Maryland American Water. “As the company provided a long-term
solution to secure water for the Bel Air community, Maryland American
Water remains committed to continuing a high level of service to our
customers. Even with the rate increase approved by the PSC, our water
services remain a remarkable value.”

The new rates represent a $1.45 million annual increase in revenues for
Maryland American Water, effective Feb. 5, 2019. The cost of
high-quality, reliable, 24-hour water service for the company’s
customers remains about a penny per gallon – among the lowest of
household bills. The approximate bill for an average residential water
customer using 3,700 gallons of water per month will be $53.75, an
increase of $12.08 per month, or $0.40 per day, from current bills.

Maryland American Water offers low-income customers alternate payment
options through installment agreements and in 2018, began to participate
in the H2O Help to Others Program, administered by Dollar Energy Fund.
The program offers grants of up to $110 per year for customers who
qualify. For more information about the program and qualification
requirements, customers can contact Dollar Energy Fund at 1-888-282-6816.

More information about Maryland American Water’s rates can be found
online at www.marylandamwater.com
(under the Customer Service & Billing menu, select Your
Water Rates
) or call the company’s customer service center at
866-641-2131, Monday through Friday, 7 a.m. to 7 p.m.

Maryland
American Water
, a subsidiary of American Water (NYSE: AWK), provides
high-quality and reliable water services to approximately 14,200 people.

With a history dating back to 1886, American Water is the largest and
most geographically diverse U.S. publicly traded water and wastewater
utility company. The company employs more than 7,100 dedicated
professionals who provide regulated and market-based drinking water,
wastewater and other related services to an estimated 14 million people
in 45 states and Ontario, Canada. American Water provides safe, clean,
affordable and reliable water services to our customers to make sure we
keep their lives flowing.

Contacts

Alison Bibb-Carson
External Affairs Manager
(703) 706-3871
alison.bibb-carson@amwater.com