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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000950116-04-002678.txt : 20040902
<SEC-HEADER>0000950116-04-002678.hdr.sgml : 20040902
<ACCEPTANCE-DATETIME>20040902155358
ACCESSION NUMBER:		0000950116-04-002678
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040831
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20040902
DATE AS OF CHANGE:		20040902

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ARTESIAN RESOURCES CORP
		CENTRAL INDEX KEY:			0000863110
		STANDARD INDUSTRIAL CLASSIFICATION:	WATER SUPPLY [4941]
		IRS NUMBER:				510002090
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-18516
		FILM NUMBER:		041013930

	BUSINESS ADDRESS:	
		STREET 1:		664 CHURCHMANS RD
		CITY:			NEWARK
		STATE:			DE
		ZIP:			19702
		BUSINESS PHONE:		3024536900

	MAIL ADDRESS:	
		STREET 1:		664 CHURCHMANS RD
		CITY:			NEWARK
		STATE:			DE
		ZIP:			19702
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>eight-k.htm
<DESCRIPTION>8-K
<TEXT>
<html>
<head><title>
Prepared and filed by St Ives Burrups
</title>
</head>
<body bgcolor="#FFFFFF">

<page>
  <p align="center"><font face="serif" size="2"><b><font size="3">UNITED STATES<br>
  SECURITIES AND EXCHANGE COMMISSION<br>
  Washington, D.C. 20549</font></b></font></p> <p align="center"><font face="serif" size="3"><b>FORM 8-K</b></font></p> <p align="center"><font face="serif" size="3"><b>CURRENT REPORT</b></font></p>
    <p align="center"><font face="serif" size="2"><b>Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934<br></b></font></p>
<p align="left"><font size="2" face="serif">Date of Report (Date of earliest event reported) August 31, 2004</font></p>  <table width="80%" border="0" align="center" cellpadding="0" cellspacing="0">
<tr valign="top">
<td align="center" valign="bottom"><font size="3" face="serif"><b>ARTESIAN RESOURCES CORPORATION</b></font></td>
</tr>
<tr valign="top">
<td align="center" valign="bottom"><hr noshade size="1"></td>
</tr>
<tr valign="top">
<td align="center" valign="bottom"><font size="2" face="serif">(Exact name of registrant as specified in its charter)</font></td>
</tr>
</table>
<br><br>
<table width="80%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top" bgcolor="#ffffff">
<td align="center"><font size="2" face="serif">Delaware</font></td>
<td align="left" width="5%">&nbsp;</td>
<td width="27%" align="center"><font size="2" face="serif">0-18516</font></td>
<td width="5%" align="left">&nbsp;</td>
<td width="33%" align="center"><font size="2" face="serif">51-0002090</font></td>
</tr>
<tr valign="top">
<td><hr noshade size="1"></td>
<td></td>
<td><hr noshade size="1"></td>
<td></td>
<td><hr noshade size="1"></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="center"><font size="2" face="serif">(State or other jurisdiction of <br>incorporation)</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif">(Commission<br>File Number)</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif">(IRS Employer Identification No.)</font></td>
</tr>
</table>
<br><br>
<table width="80%" cellspacing="0" cellpadding="0" align="center" border="0">
<tr valign="top" bgcolor="#ffffff">
<td align="center"><font size="2" face="serif">664 Churchmans Road, Newark, Delaware</font></td>
<td align="left" width="5%">&nbsp;</td>
<td width="36%" align="center"><font size="2" face="serif">19702</font></td>
</tr>
<tr valign="top">
<td><hr noshade size="1"></td>
<td></td>
<td><hr noshade size="1"></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="center"><font size="2" face="serif">(Address of principal executive offices)</font></td>
<td align="left">&nbsp;</td>
<td align="center"><font size="2" face="serif">(Zip Code)</font></td>
</tr>
</table>
<p align="left"><font size="2" face="serif">Registrant&#146;s telephone number, including area code: &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;302-453-6900&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></p>
<hr align="left" width="100%" size=1 noshade><p align="center"><font size="2" face="serif">(Former name or former address, if changed since last report.)</font></p>
<p align="left"><font size="2" face="serif">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:</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<p align="left"><font size="2" face="serif"><img src="emptybox.gif">&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<p>&nbsp;</p>
<p><font face="serif" size="2"><b>Item 8.01 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Events.</b></font></p>
<p align="left"><font size="2" face="serif">On August&nbsp;31, 2004, Artesian Water Company, Inc. (Artesian Water), the principal subsidiary of Artesian Resources Corporation, received approval from the Delaware Public Service Commission to implement revised temporary rates to provide for an overall increase in revenue of 15.0%, or approximately $5.5 million, on an annualized basis.  These rates provide for an additional increase of approximately 8.1%, or $3.0 million, on an annualized basis, over the temporary rates in effect since April&nbsp;6, 2004.  These temporary rates are all related to the petition filed by Artesian Water on February&nbsp;5, 2004 to implement new rates to meet a requested increase in revenues of 24.2%, or approximately $8.8 million on an annualized basis (the
&#8220;Rate Increase Petition&#8221;).  While the Rate Increase Petition is pending with the Delaware Public Service Commission, we are permitted to place rate increases into effect on a temporary basis.  Artesian Water will place these new revised temporary rates into effect on September&nbsp;7, 2004, which will remain in effect until the level of permanent rates is decided by the Delaware Public Service Commission.  If this permitted temporary rate increase is determined to be in excess of rates that the Delaware Public Service Commission ultimately deems appropriate, Artesian Water will be required to refund the excess portion plus interest to its customers.<br></font></p>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<a name="p?"></a>
<p>&nbsp;</p>
<p align="center"><font face="serif" size="2"><b>SIGNATURES<br></b></font></p>
<p><font size="2" face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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.</font></p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
  <td align="left"><font size="2">&nbsp;</font></td>
  <td align="left"><font size="2" face="serif">&nbsp;</font></td>
  <td colspan="2" align="left"><font size="2" face="serif">ARTESIAN RESOURCES CORPORATION</font></td> </tr>
<tr valign="top">
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
  <td align="left">&nbsp;</td>
</tr>
<tr valign="top">
  <td align="left" width="6%"><font size="2" face="serif">Date:</font></td>
<td align="left" width="50%"><font size="2" face="serif">  September 2, 2004</font></td>
<td width="5%" align="left"><font size="2" face="serif">By:</font></td>
<td align="left"><font size="2" face="serif">/s/Dian C. Taylor</font></td>
</tr>
<tr valign="top">
  <td><font size="2">&nbsp;</font></td>
<td><font size="2"><hr align="left" width="100" size=1 noshade>
</font></td>
<td><font size="2">&nbsp;</font></td>
<td><hr align="left" width="270" size=1 noshade>  </td>
</tr>
<tr valign="top">
  <td align="left"><font size="2">&nbsp;</font></td>
<td align="left"><font size="2" face="serif">&nbsp;</font></td>
<td colspan="2" rowspan="2" align="left"><font size="2" face="serif">Dian C. Taylor<br>President, Chief Executive Officer and Chair of the Board </font></td>
</tr>
<tr valign="top">
  <td><font size="2">&nbsp;</font></td>
<td><font size="2">&nbsp;</font></td>
</tr>
</table>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
</body>
</html>

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