Middlesex Water Co's Tidewater Utilities Files For Rate Adjustment With The Delaware Public Service Commission
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Tidewater Utilities, a subsidiary of Middlesex Water Company, has filed for a rate adjustment with the Delaware Public Service Commission to recover $150 million in investments made over the past decade. These investments aim to enhance water quality, service reliability, and infrastructure resiliency.
August 30, 2024 | 8:30 pm
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Middlesex Water Company's subsidiary, Tidewater Utilities, has requested a rate adjustment to recover $150 million in infrastructure investments. This move could improve the company's financial health by reflecting these investments in customer rates.
The rate adjustment filing by Tidewater Utilities, a subsidiary of Middlesex Water Co., is significant as it aims to recover substantial investments in infrastructure. If approved, this could positively impact Middlesex's financials by increasing revenue through adjusted rates.
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