Press Release

INDIANAPOLIS — The Indiana Utility Regulatory Commission will conduct a public evidentiary hearing in Indianapolis regarding Indiana American Water acquiring Claypool’s water utility.

The hearing will be held at 9:30 a.m. Nov. 30, in Room 222 of the PNC Center, 101 W. Washington St., Indianapolis. This hearing is open to the public.

If an accommodation is required to allow an individual with a disability to participate, contact the Office of the Executive Secretary of the IURC at (317) 232-2701 at least 48 hours in advance.

Aside from the acquisition, the hearing will also discuss approval of accounting and rate base treatment; approval of the rates and charges for water service in the area serviced by the Claypool operation; approval of application of IAW’s rules and regulation for water service to the Claypool water system; application of IAW’s depreciation accrual rates to such acquired properties; and the subjection of the acquired properties to the lien of IAW’s mortgage indenture.