Press Release
FOR IMMEDIATE RELEASE -- November 08, 2023
Contact: Kevin Kelly (573) 751-9300
PR-24-54
PSC Approves Missouri-American Water Company Request
JEFFERSON CITY---The Missouri Public Service Commission has approved an application filed by the Missouri-American Water Company (MAWC) seeking Commission authority to acquire and operate the assets of a municipal water and sewer system in Ironton, Missouri (Ironton), located in Iron County. MAWC has also been granted a certificate of convenience and necessity (CCN) to install, own, acquire, construct, operate, manage and maintain the water and sewer systems which are located in and around Ironton, Missouri.
To provide service to the area, MAWC states it will purchase the water and sewer systems from the City of Ironton. The residents of Ironton overwhelmingly approved selling those assets to MAWC in an election held on November 8, 2022.
MAWC proposes to provide water service pursuant to the existing rates currently applicable to customers outside the St. Louis region until such time as the rates are modified according to law. MAWC proposes to provide sewer service pursuant to the existing rates currently applicable to MAWC’s Cedar Hill service area until such time as the rates are modified according to law.
The Commission approved the CCN determining: 1) There is a need for the service; 2) MAWC is qualified to provide the proposed service; 3) MAWC has the financial ability to provide the service; 4) MAWC’s proposal is economically feasible; and 5) The service promotes the public interest.
“Based on the application and Staff’s recommendations, the Commission concludes that the factors for granting a certificate of convenience and necessity to MAWC have been satisfied and that it is in the public’s interest for MAWC to provide water and sewer service to the customers currently served by Ironton,” said the Commission.
MAWC provides water service to approximately 480,000 customers in Missouri. It also provides sewer service to approximately 23,000 customers in the state. The City of Ironton currently serves approximately 725 water customers and 700 sewer customers.
-30-