Newark, Del., April 28, 2023 (GLOBE NEWSWIRE) — Artesian Water Company, Inc. Files Application for Increase in Customer Rates with Delaware Public Service Commission

Artesian Water Company, Inc. (“Artesian” or the “Company”), a subsidiary of Artesian Resources Corporation (Nasdaq: ARTNA), has announced its filing for a change in customer rates with the Delaware Public Service Commission (PSC). With a history spanning over 115 years, Artesian has consistently prioritized delivering reliable, high-quality water to its customers.

The decision to apply for a rate increase is not one that Artesian takes lightly. The company recognizes the importance of providing affordable water services to its customers while also ensuring investments in infrastructure and water quality are made to maintain its high standards. The proposed rate increase will allow Artesian to continue to invest in the necessary upgrades and improvements to deliver the best possible service to its customers.

Artesian has a long-standing commitment to environmental stewardship and sustainability. The company has implemented various initiatives to reduce its carbon footprint and promote conservation efforts. By investing in new technologies and infrastructure, Artesian aims to further enhance its sustainability practices and contribute to a greener future.

Impact on Individuals:

For customers of Artesian Water Company, Inc., the proposed rate increase may result in higher monthly water bills. While this may initially pose a financial challenge for some individuals, the investment in infrastructure and water quality improvements will ultimately benefit customers by ensuring a reliable and high-quality water supply.

Impact on the World:

On a larger scale, the rate increase filed by Artesian Water Company, Inc. reflects the ongoing challenges faced by water utilities worldwide. As populations grow and climate change continues to impact water resources, investment in infrastructure and sustainable practices is crucial to ensure access to clean and reliable water for all.

Conclusion:

Artesian Water Company, Inc.’s filing for a change in customer rates with the Delaware Public Service Commission underscores the company’s commitment to providing reliable and high-quality water services to its customers. While the proposed rate increase may have short-term financial implications, the long-term benefits of improved infrastructure and water quality will ultimately benefit both individuals and the world at large.