Company: MSEX
Filing Date: 2025-07-29
Form Type: 424B5
Source: 0001104659-25-071727
Chunk: 26

Company: MIDDLESEX WATER CO
Filing Date: 2025-07-29
Form: 424B5
Chunk 26
---
 requests or withdrawals under the Plan and are outlined below:

| Purchases:     |        |
| Initial        
 Setup Fee      | No     
 Charge |
| Check          
 Processing Fee | No     
 Charge |
| Purchase       
 Trading Fee    | No     
 Charge |

In addition, with respect
to each purchase effectuated in the open market, the Plan Agent will forward a brokerage commission fee of $0.10 per share purchased
to the registered broker-dealer utilized by the Plan, which is paid by the Company at this point in time. The Plan Agent will retain
no portion of any brokerage commission fee.

Sales:

In connection with each sale
order, the Plan Agent will charge a flat administrative fee of $25.00 fee per market order request, $15.00 per batch order request and
$30.00 for limit order request and will forward a brokerage commission fee of $0.10 per share sold to the registered broker-dealer utilized
by the Plan. The Plan Agent will retain no portion of any brokerage commission fee. To effectuate sales, the executing broker-dealer
will deduct these fees from the sale proceeds, and then cause the remaining sale proceeds to be delivered to you at your mailing address
or bank account information on file with the Plan Agent.

<div align='center'>S-21</div>

| Additional Fees:                  |                    |
| Returned Checks                   |       $30.00/check |
| Returned ACH                      |      $25.00/return |
| Historical Research fee           |     $25.00/request |
| Replacement check fee             |      $3.00/request |
| Insufficient Funds                |    $30.00/instance |
| Overnight Mailings                |     $25.00/mailing |
| Certificate Issuance              | $50.00/certificate |
| Duplicate Confirmation Statements |                    |
| -Electronic                       |          No Charge |
| -Paper                            |             $10.00 |
| Duplicate Account Statements      |                    |
| -Electronic                       |          No Charge |
| -Paper                            |             $10.00 |
| Reinvestment of Dividends:        |                    |
| Dividend Reinvestment Fee         |          No Charge |

<div align='center'>The fees set forth in this Schedule are subject to change.</div>

WITHDRAWAL FROM THE PLAN

| 41. | How do I close my Plan account? |

Termination requests can
be made online via or mailed to the Plan Agent with the transaction form included
with