REGULATORY PROCEEDINGS (Tables)

6 Months Ended

Jun. 30, 2019

REGULATORY PROCEEDINGS [Abstract]

Eligible Plant Improvements

Table of Contents

The following table summarizes (1) Artesian Water’s applications with the DEPSC to collect DSIC rates and (2) the rates upon which eligible plant improvements are based:

Application Date

11/29/2016

05/31/2018

11/28/2018

5/29/2019

DEPSC Approval Date

12/20/2016

06/19/2018

12/20/2018

6/18/2019

Effective Date

01/01/2017

07/01/2018

1/1/2019

7/1/2019

Cumulative DSIC Rate

4.71

%

3.63

%

5.55

%

7.41

%

Net Eligible Plant Improvements – Cumulative Dollars (in millions)

$

16.6

$

24.7

$

30.4

$

43.1

Eligible Plant Improvements – Installed Beginning Date

10/01/2014

10/01/2014

10/01/2014

10/01/2014

Eligible Plant Improvements – Installed Ending Date

10/31/2016

04/30/2018

10/31/2018

04/30/2019