8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 7, 2017

American Water Works Company, Inc.

(Exact name of registrant as specified in its charter)

Commission File Number: 001-34028

Delaware	51-0063696
(State or other jurisdiction of incorporation)	(IRS Employer Identification No.)

1025 Laurel Oak Road

Voorhees, NJ 08043

(Address of principal executive offices, including zip code)

(856) 346-8200

(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 8.01.    Other Events.

Order of Pennsylvania Public Utility Commission Approving Settlement Agreement in Pennsylvania-American Water Company General Rate Case

On December 7, 2017, the Pennsylvania Public Utility Commission (the “PaPUC”) issued an order unanimously approving a settlement agreement entered into by the parties thereto with respect to a general rate case filed on April 28, 2017 by Pennsylvania-American Water Company (“PAWC”), a wholly owned subsidiary of American Water Works Company, Inc. Under the terms of the PaPUC's order, consistent with the approved settlement agreement, PAWC will receive additional annualized water and wastewater revenues of $62 million. The PaPUC order authorizes implementation of the new water and wastewater rates on January 1, 2018.

Item 9.01    Exhibits.

The following exhibits have been filed herewith:

Exhibit Number	Exhibit Description
99.1	Press Release of PAWC issued December 7, 2017.
99.2	Rate Case Fact Sheet.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	AMERICAN WATER WORKS COMPANY, INC.
Dated: December 7, 2017	By:	/s/ LINDA G. SULLIVAN
		Linda G. Sullivan
		Executive Vice President and Chief Financial Officer

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACT: Central/Eastern Pennsylvania: Terry M. Maenza

T: 610.670.7789 ext. 1009

M: 610.849.6484

terry.maenza@amwater.com

Western Pennsylvania: Gary Lobaugh

M: 724.944.5148

gary.lobaugh@amwater.com

SETTLEMENT UNANIMOUSLY APPROVED IN PENNSYLVANIA AMERICAN WATER RATE CASE

HERSHEY, Pa. (December 7, 2017) -The Pennsylvania Public Utility Commission (PUC) today unanimously approved a settlement that allows Pennsylvania American Water to raise water and wastewater rates, effective January 1, 2018. The primary factor behind the rate increase is the approximately $1.26 billion of investments to replace and upgrade aging infrastructure since its last rate case in 2013.

“We are pleased the commission has approved this fair and reasonable settlement, which balances our customers’ interests with the much-needed investments we make to ensure reliable, quality service,” said Pennsylvania American Water President Jeffrey McIntyre. “We appreciate the diligence and cooperation of the PUC Bureau of Investigation and Enforcement, Office of Consumer Advocate, Office of Small Business Advocate and other intervenors who made it possible to reach this settlement.”

McIntyre said the approximately $1.26 billion in improvements for treatment plants, storage tanks, wells and pumping stations reflect a commitment to protect public health in the more than 400 communities served by Pennsylvania American Water. The investments also include replacing nearly 450 miles of aging pipe, as well as valves, service lines, hydrants and other parts of the company’s nearly 10,700-mile network of water and sewer lines.

The typical monthly residential water bill for Pennsylvania American Water customers using 3,630 gallons will increase by $5.22 per month, from $55.63 to $60.85. When the new rates take effect January 1, it will be the company’s first base rate increase in four years.

With the approved rate increase, the average family will receive a day’s worth of water for cooking, bathing, cleaning, drinking and all other purposes for around $2.00. “We believe the clean, safe and reliable service we are providing for communities remains a remarkable value,” said McIntyre.

The settlement approved by the PUC includes adjustments to wastewater rates for customers served by the company’s 16 wastewater systems. The changes affect Pennsylvania American Water’s approximately 55,000 wastewater customers in Adams, Beaver, Chester, Clarion, Cumberland, Lackawanna, Monroe, Northumberland, Pike, Washington and York counties. Additional water and wastewater rates information is available on the company’s website under Customer Service & Billing, and click on Your Water Rates link (https://amwater.com/paaw/customer-service-billing/your-water-rates).

PRESS RELASE www.amwater.com

SETTLEMENT APPROVED IN PENNSYLVANIA AMERICAN WATER RATE CASE

As part of the settlement, Pennsylvania American Water will increase its annual contribution to its Help to Others (H2O) Program™, which assists disadvantaged and low-income customers. The program provides water and wastewater customers who qualify with grants of up to $500 per year, discounts on the monthly bill and water-saving devices and education. The company’s annual contribution will increase from $310,000 to $450,000 to support the H2O Program, which the company funds through matching customer and employee donations.

The settlement will result in an increase of approximately $62 million in annual revenue. The company had filed its original rate request with the PUC on April 28, 2017, seeking an annual revenue increase of approximately $107.9 million.

Pennsylvania American Water, a subsidiary of American Water (NYSE: AWK), is the largest investor-owned water utility in the state, providing high-quality and reliable water and/or wastewater services to approximately 2.3 million 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 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found by visitingwww.amwater.com.

# # #

PRESS RELASE www.amwater.com

EX-99.2

Exhibit 99.2

PENNSYLVANIA-AMERICAN WATER COMPANY

RATE CASE FACT SHEET

December 7, 2017

Annual Rate Increase:	$62M
Overall Rate Increase %:	9.4%
Effective Date:	January 1, 2018
Rate Base:	$3.2B (1)

Rate of Return:

	Ratio	Cost Rate	Weighted Cost Rate
Long Term Debt	46.09%	5.13%	2.36%
Preferred Stock	0.16%	8.66%	0.01%
Common Equity	53.75%	10.0% (1)	5.38%
Total	100.00%		7.75%

Note 1) Represents the Company’s interpretation of Rate Base and Return on Equity based on a Black Box Settlement that does not specifically identify these amounts.