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 | |
