Why Invest with Connecticut Water

Our mission is to have passionate employees delivering life sustaining, high quality water service to families and communities while providing a fair return to our shareholders.

CTWS' Sustainable Recipe for Growth

Diversified, Regulated Utility Business

  • Regionally focused, regulated water utilities (96% regulated earnings LTM as of 6/30/17)
  • Maine acquisitions provide diversified, multi-state utility base and greater business scale
  • Constructive regulatory environment with attractive investment recovery mechanisms
Connecticut Maine
Infrastructure Surcharge Program WICA & WISC
Single Tariff
Revenue Decoupling WRA
6-Month Rate Case
Streamlined Rate Case

* A water revenue adjustment law in Maine became effective October 15, 2015. With rate stay outs in most of its regulatory divisions as part of the repair tax dockets, Maine Water is now evaluating how and when this new mechanism can be implemented.

Low Risk, Regulated Growth Plan

  • Conservative growth strategy focused on utility infrastructure investment
  • Proven track record executing accretive acquisitions
  • Complementary, low-risk, non-regulated utility services business

Infrastructure Investment Drives Rate Base Growth Rate Base Growth
Capital Expenditures/WICA & WISC Expenditures

2017B = 2017 Budgeted

Strong Financial Profile

  • Focus on maintaining a strong balance sheet and liquidity
  • “A” credit rating from S&P (as of March 2017)
  • Balanced approach to financing growth and prudent operating cost management
  • Consistently raised dividend payments for 48 consecutive years

Stable & Growing Dividend
Annual Cash Dividend

Operational Excellence

  • High-quality, well-maintained asset system
  • Experienced management team with an average of 18 years utility experience
  • ≥ 85% customer satisfaction distinction in each of the last 16 years (GreatBlue – Independent Research Firm)

Customer Satisfaction Index