The York Water Company 8K 08-11-06
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(D)
OF
THE SECURITIES EXCHANGE ACT OF 1934
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Date
of Report August
11, 2006
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(Date
of earliest event reported)
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THE
YORK WATER COMPANY
(Exact
name of registrant as specified in its charter)
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PENNSYLVANIA
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0-690
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23-1242500
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(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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130
EAST MARKET STREET
YORK,
PENNSYLVANIA
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17401
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(Address
of principal executive offices)
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(Zip
Code)
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(717)
845-3601
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(Registrant's
telephone number, including area
code)
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Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under
any
of the following provisions (see
General Instruction A.2. below):
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¨
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Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
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¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
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THE
YORK WATER COMPANY
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Item
7.01
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Regulation
FD Disclosure
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YORK
WATER COMPANY ANNOUNCES
SETTLEMENT
OF RATE CASE
York,
Pennsylvania, August 11, 2006: Jeffrey
S. Osman, President & CEO of The York Water Company (NASDAQ:YORW), announced
today that the Company has filed a settlement of its pending rate case with
the
Pennsylvania Public Utility Commission. The settlement, which is joined in
by
all active parties, provides for an increase in annual revenues of
$2,600,000.
Osman
stated, "This increase is necessary because of the Company's $34 million
investment in system improvements since our last rate increase, which will
allow
the Company to continue to meet the current and future needs of our
customers."
The
settlement will increase the average residential gravity customer bill from
$25.17 per month to $27.50 per month and the average residential repumped
customer bill from $31.21 per month to $33.95 per month.
The
settlement must be approved by the presiding Administrative Law Judge Ember
S.
Jandebeur and the Pennsylvania Public Utility Commission before increased rates
become effective. The settlement provides for the increases in rates to become
effective as soon as September 16, 2006.
THE
YORK WATER COMPANY
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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THE
YORK WATER COMPANY
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| Date: August
11, 2006 |
By: |
/s/ Kathleen
M. Miller |
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Kathleen M. Miller |
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Chief
Financial Officer
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