INDIANA BUSINESS

Indiana American Water returns nearly $75 per customer in PFAS settlement credits

Indiana American Water said in a press release distributed Oct. 5, 2026 that it applied automatic, IURC‑approved bill credits totaling nearly $75 per eligible tariffed customer from PFAS settlement proceeds. The credits were applied equally across eligible accounts and are not tied to whether PFAS was detected in a customer’s water.

BUSINESSINDY BRIEFBy BusinessIndy Editorial StaffCommentsPublished October 6, 2026 at 11:33 AM EDTOriginal reporting: October 4, 2026 at 8:00 PM EDT · Brief prepared from earlier coverage

AI-generated illustration of the topic: Indiana American Water returns nearly $75 per customer in PFAS settlement credits — AI illustration · Not a photograph of the reported event.

Indiana American Water announced in a press release distributed by PR Newswire on 2026-10-05 that it returned nearly $75 in PFAS settlement credits to customers statewide. The utility said the credits were applied automatically and equally among eligible tariffed water customer accounts using a customer bill credit mechanism approved by the Indiana Utility Regulatory Commission (IURC), and that the credits were not based on whether PFAS was ever detected in a customer’s water supply.

The company said settlement agreements provide payments over multiple years and that it plans to continue providing additional bill credits as future settlement payments are received and approved for distribution. Indiana American Water also said it has advanced PFAS treatment projects underway in Terre Haute, began operating a PFAS-targeted drinking-water treatment system at Charlestown Water Treatment Plant in January 2026, and describes itself as the largest regulated water utility in the state serving approximately 1.5 million people.

WHY IT MATTERS

What this means for customers: the announced credits reduce future water bills without customers having to apply. The utility used an IURC‑approved bill credit mechanism to hand out settlement proceeds automatically and evenly to eligible tariffed accounts, and it emphasized credits were given regardless of whether a customer’s local supply ever showed PFAS. That matters because it spreads settlement money across the utility’s customer base rather than linking payments to individual test results.

How the process works, step by step: courts or settlements provide payments to utilities over time; the utility receives those funds, the IURC approves a distribution method, and the utility posts bill credits to eligible accounts. Indiana American Water said the settlements make multiple-year payments available, so customers should expect future credits only after the company receives further settlement funds and obtains approval to distribute them.

What to watch next: customers should review their water bills and any notices from Indiana American Water for timing and amounts of future credits. Regulators’ approvals and subsequent settlement payments will determine whether and when additional credits appear on bills.

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