ARTESIAN RESOURCES CORP — Regulatory Filings 2008

Apr 25, 2008

8-K 1 form8k_4-2008.htm ARTESIAN FORM 8-K form8k_4-2008.htm Licensed to: Artesian Water Document Created using EDGARizer 4.0.3.0 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

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

Date of Report (Date of earliest event reported): April 22, 2008

ARTESIAN RESOURCES CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	000-18516	51-0002090
(State
or other jurisdiction of incorporation)	(Commission
File Number)	(IRS
Employer Identification No.)

| 664
Churchmans Road, Newark, Delaware | 19702 |
| --- | --- |
| (Address
of principal executive offices) | (Zip
Code) |

Registrant's telephone number, including area code: 302-453-6900

Not Applicable

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(Former name or former address, if changed since last report.)

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):

o Written communications pursuant to Rule 425 under the Securities Act

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 8.01 Other Events

On April 22, 2008, Artesian Water Company, Inc. (“Artesian Water”) filed a petition with the Delaware Public Service Commission to implement new rates to meet a requested increase in revenue of 28.8%, or approximately $14.2 million, on an annualized basis. Artesian Water anticipates placing the requested temporary rates into effect, 60 days from the filing date, up to the statutory limit of $2.5 million on an annual basis, under bond until the level of permanent rates is decided by the Delaware Public Service Commission.

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 hereunto duly authorized.

| | ARTESIAN
RESOURCES CORPORATION |
| --- | --- |
| Date: April
25, 2008 | By: /s/
David B. Spacht |
| | David
B. Spacht |
| | Chief
Financial Officer |