Is WV American Water Company a local municipally owned water utility?

No. WV American Water is a subsidiary of American Water Works Company, a large holding company that owns privately owned, for-profit water companies across the US. American Water Works is [http://www.sourcewatch.org/index.php/American_Water_Works_Company,_Inc. a very controversial company] with a history of high rates, conflicts with its workers and failures to maintain and invest in the water systems it owns.