Turning on a kitchen tap in New Jersey, Pennsylvania, Missouri or California may bring you water that travelled through American Water's pipes. The company runs local water and wastewater utilities in states from California and Hawaii to Virginia. Each state's utility commission, a public regulator, sets its prices. American Water builds pipes and treatment plants and buys local systems. The commissions then let customers' bills repay that investment plus a return (a profit allowed on the money invested).
Loading page…