American Water presents sustainability goals and strategy
AWK•American Water raised its 2026-2035 capital plan to more than $48 billion, from $46 billion-$48 billion, and its 2026-2030 plan to more than $20 billion, from $19 billion-$20 billion. It projects annual rate-base growth of approximately 8%-9%.
1. Higher investment plan
American Water said its 2026-2035 capital plan is now more than $48 billion, while its 2026-2030 plan is more than $20 billion. It cited faster pipe replacement as a driver of the increase, including infrastructure work on lead and galvanized steel service lines.
2. Next plan update
The company projects rate-base growth at a compound annual rate of approximately 8%-9%. It plans a full capital-plan update in 2027 following the proposed Essential merger’s closing.
