ICC Issues Decision on Illinois American Water's General Rate Increase Request
CHICAGO – Today, the Illinois Commerce Commission (ICC) cut portions of Illinois American Water’s rate increase request for water and sewer services. The ICC's decision reduces Illinois American Water’s rate request by approximately 30 percent for an overall increase of $110 million. The decision also approves a 9.84 percent return on equity (ROE) for the company, a reduction from the utility’s requested 10.75 percent ROE. Starting July 1, 2025, Illinois American Water will expand its existing low-income discount program to provide a 10 to 80 percent monthly total bill credit for customers whose incomes are up to 300 percent of the federal poverty level. Eligible customers should sign up directly through Illinois American Water. Customers struggling to pay their water bills are encouraged to see if they are eligible for Illinois American’s existing low-income discount program and customer assistance programs . “Illinoisans should have access
stLouIST